Acquiring Company
Enterprise Products Partners L.P
Acquired Company
ARIS Water Solution
HoustonThe WoodlandsEnergyOil And GasRenewable EnergyEnergyDescription
Enterprise Products Partners L.P. has completed the acquisition of interests in Whitethorn Pipeline Company LLC and Enterprise EF78 LLC from affiliates of Western Midstream Partners, LP in a series of debt-free transactions for $375 million in total cash consideration. These transactions further consolidate Enterprise's ownership in midstream assets, including the prolific Permian Basin pipeline asset and integral NGL fractionation assets.
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Frequently asked
Who acquired ARIS Water Solution?
ARIS Water Solution was acquired by Enterprise Products Partners L.P, based in Houston. The deal was reported on February 21, 2024. Enterprise Products Partners L.P. is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services. Enterprise Products Partners L.P is publicly traded (EPD) and operates in Energy.
When did Enterprise Products Partners L.P acquire ARIS Water Solution?
Enterprise Products Partners L.P's acquisition of ARIS Water Solution was reported on February 21, 2024. Enterprise Products Partners L.P. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does ARIS Water Solution do?
ARIS Water Solution is engaged in the water solutions industry. They provide innovative and sustainable water management services to various sectors. The company's acquisition is aimed at enhancing Western Midstream's water midstream business. It is privately held, operating in Energy, and is based in The Woodlands.
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