Energy Transfer to buy Vaquero Midstream in $2.625B bolt-on

Energy Transfer LP signed a definitive agreement on October 6 to acquire Vaquero Midstream LLC in a deal valued at $2.625 billion. Vaquero owns natural gas pipeline infrastructure in Texas.

ONEOK completed its acquisition of Brazos Midstream's Permian Midland Basin natural gas gathering and processing assets for about $4.425 billion in cash. The deal more than doubles ONEOK's Midland processing capacity to roughly 2.3 billion cubic feet per day and adds about 600,000 dedicated acres under long-term fixed-fee contracts.

Emera, ATCO and Canadian Utilities announced a definitive agreement to combine Emera and Canadian Utilities in a merger of equals, creating a Canadian utility and energy infrastructure group spanning Alberta, Atlantic Canada and Florida. Reports describe an all-share structure, with ATCO spinning off its industrial services unit. Reported deal figures vary widely by measure, from roughly $14.3 billion for Canadian Utilities to far larger combined-enterprise numbers.

Energy trader Centalion Group acquired upstream and midstream natural gas assets in Texas and Louisiana producing more than 300 MMcfd from Silver Hill Energy Partners; terms were not disclosed.