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Summit Midstream Corporation invests approximately $100 million for the Double E Pipeline compression expansion, following a successful open season. The project moves forward with new long-term agreements.
PUBLIC · SMCAug 31, 2026•3 days ago
Amount Raised
$100 Million
Round Type
Venture - Series Unknown
HoustonEnergyOil And Gas
Description
Summit Midstream Corporation has made a final investment decision to advance the Double E Pipeline mainline compression expansion project. This decision is supported by new long-term commitments from shippers totaling 550 MMcf/d. The company will invest around $100 million, funded through a term loan and a committed accordion. Discussions continue for additional capacity subscriptions in the Delaware Basin.
Company Information
Company
Summit Midstream Corporation
Location
Houston, Texas, United States
About
Summit Midstream Corporation ('Summit', 'SMC' or the 'Company') is a leading energy company focusing on the acquisition, development, and operation of natural gas and crude oil infrastructure. The company's strategic growth plan aims to enhance its operational footprint and generate sustainable value for its stakeholders.
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