EQT to sell natural gas pipeline stakes to Blackstone

EQT to sell natural gas pipeline stakes to Blackstone in $3.5B deal
EQT Corp. (NYSE:EQT) +3.7% pre-market Monday after saying asset manager Blackstone (BX) agreed to acquire non-controlling equity interests in some of its natural gas pipelines for $3.5B in cash. EQT (EQT) and Blackstone (BX) will form a new midstream joint venture consisting of EQT's ownership interest in the Mountain Valley pipeline,
EQT forms midstream joint venture with Blackstone unit
EQT, a US-based natural gas producer, has announced a midstream JV with Blackstone Credit & Insurance (BXCI), a unit of investment major Blackstone. The JV includes EQT's interests in key infrastructure assets such as the Mountain Valley Pipeline (MVP), transmission and storage facilities, as well as the Hammerhead Pipeline.
EQT Sells Stake in Midstream Assets to Blackstone for $3.5B
EQT shares rose after the natural gas producer said Blackstone’s credit and insurance business is buying a $3.5 billion stake in its midstream assets through a joint venture.
EQT Forms $3.5B Midstream JV With Blackstone to Strengthen Assets
EQT Corporation EQT has announced a $3.5 billion midstream joint venture with funds managed by Blackstone Credit & Insurance (“BXCI”). The partnership involves EQT’s ownership interests in several high-quality,
EQT Corporation announces $3.5B joint venture with BXCI
EQT Corporation (EQT) announced that it has entered into a definitive agreement with funds managed by Blackstone Credit & Insurance, or
EQT forms $3.5-billion midstream joint venture with Blackstone
EQT Corp. has formed a new midstream joint venture (JV) with Blackstone Credit & Insurance (BXCI) consisting of EQT's ownership interest in certain contracted infrastructure assets.
Blackstone, EQT Form $3.5 Billion Gas Pipeline Venture
Funds managed by Blackstone Inc. agreed $3.5 billion of investment as part of a new joint venture with EQT Corp., enabling the US natural gas producer to reduce its debt.
EQT In Midstream Joint Venture With Blackstone Credit for Cash Consideration Of $3.5 Bln
EQT Corporation (EQT), a natural gas producer, Monday said it has agreed to form a new midstream joint venture with funds managed by
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