MVP Holdings Acquires Echo Canyon Pipeline Holdings

Sparks Holdings, Inc. Acquires Echo Powerline, LLC

July 2, 2020

Utilities

Sparks Holdings, Inc., an investment affiliate of Sparks Energy, Inc., acquired Echo Powerline, LLC, a Bunkie, Louisiana-based powerline construction and utility contractor. The deal expands Sparks' Gulf Coast market share and capabilities — Echo serves roughly 15 utility and government customers across Louisiana and Texas and will gain additional capacity and resources from Sparks.

MPLX LP Acquires Northwind Midstream for $2.375 Billion

September 2, 2025

Energy

MPLX LP completed the $2.375 billion acquisition of Northwind Delaware Holdings LLC (Northwind Midstream), adding sour gas gathering, treating and processing capacity in Lea County, New Mexico. The deal strengthens MPLX’s Permian Basin natural gas and NGL value chains, is expected to be immediately accretive to distributable cash flow, and includes an estimated $500 million of incremental capital for expansion projects.

Voyager Midstream Acquires East Texas Gas Gathering and Processing Assets From Phillips 66

September 3, 2024

Energy

Voyager Midstream Holdings, a Pearl Energy Investments portfolio company, acquired natural gas gathering and cryogenic processing assets from Phillips 66 located in East Texas and north Louisiana, including roughly 550 miles of pipelines, 400 MMcf/d processing capacity, and 12,000 bpd fractionation capacity. The deal also includes the Carthage Hub, a major gas trading and delivery hub with >1 Bcf/d handling capability, and is intended to expand Voyager's footprint in the Haynesville Shale and improve producer connectivity to Gulf Coast markets.

Phillips 66 Acquires Pinnacle Midstream from Energy Spectrum Capital

May 20, 2024

Energy

Phillips 66 has agreed to acquire Pinnacle Midland Parent LLC (Pinnacle Midstream II) from private equity firm Energy Spectrum Capital for $550 million to expand its natural gas gathering and processing footprint in the Midland Basin. The assets include the Dos Picos 220 MMcf/d processing plant, ~80 miles of gathering pipeline and 50,000 dedicated acres; the deal is expected to close mid‑2024 subject to customary conditions, including HSR clearance.

Bison Acquires Woody Creek Midstream

October 8, 2020

Energy

Oklahoma City-based water infrastructure operator Bison has acquired Woody Creek Midstream, a water midstream company operating in the SCOOP. The deal brings long-term (15–30 year) water gathering and disposal contracts with Casillas Petroleum Resource Partners, Camino Natural Resources and Paloma Operating Company, expanding Bison's footprint and dedicated acreage across the Anadarko Basin.

ARM Energy Holdings Acquires Monument Pipeline LP from NextEra Energy Partners

April 4, 2022

Energy

ARM Energy Holdings, together with affiliates and financial partners, acquired Monument Pipeline LP, a 156-mile natural gas pipeline system serving the Greater Houston area, from affiliates of NextEra Energy Partners. The acquisition strengthens ARM's natural gas market connectivity and expands its marketing reach to additional end-users across Houston and adjacent markets.