Blackstone Infrastructure Partners Acquires ~44% Economic Interest in Tallgrass Energy

Terramont Infrastructure Partners Acquires Majority Interest in Bull Moose Capital

October 2, 2025

Oil & Gas

Terramont Infrastructure Partners has acquired a majority interest in Bull Moose Capital Ltd., Canada’s largest provider of natural gas compression and power generation solutions. The seller was TriWest Capital Partners, and Terramont said the investment will support Bull Moose’s geographic expansion and increased focus on larger energy infrastructure projects.

Blackstone Infrastructure to Acquire TXNM Energy for $11.5 Billion

May 19, 2025

Infrastructure

TXNM Energy entered into an agreement for Blackstone Infrastructure to acquire TXNM Energy for $61.25 per share in cash, valuing the deal at $11.5 billion including net debt (excluding securitization debt) and preferred stock. The transaction remains subject to regulatory approvals and other customary closing conditions, with an initially estimated closing window in 2H 2026 (later extended to an expected 1H 2027 timeline).

Energy Transfer Acquires WTG Midstream for $3.25 Billion

May 28, 2024

Oil & Gas

Energy Transfer LP agreed to acquire WTG Midstream Holdings LLC in a transaction valued at approximately $3.25 billion, comprising $2.45 billion in cash and ~50.8 million newly issued Energy Transfer common units. The deal, from affiliates of Stonepeak, the Davis Estate and Diamondback Energy, adds WTG's Permian-focused midstream assets — including a 6,000-mile pipeline network, eight processing plants (≈1.3 Bcf/d) and a 20% interest in the BANGL NGL pipeline — to Energy Transfer's footprint to enhance its gas/NGL supply, processing and downstream capabilities.

Green Plains Inc. Acquires Remaining Public Units of Green Plains Partners LP

January 9, 2024

Energy

Green Plains Inc. and Green Plains Partners LP completed a merger in which Green Plains acquired all publicly held common units of Green Plains Partners LP that it did not already own. The Partnership became an indirect wholly owned subsidiary of Green Plains and its NASDAQ listing was set to end with deregistration under the Securities Exchange Act.

Blackstone Infrastructure Partners Acquires 35% Stake in Phoenix Tower International

January 18, 2022

Infrastructure

Funds managed by Blackstone Infrastructure Partners purchased a 35% stake in Phoenix Tower International (PTI) from Manulife Investment Management. The minority investment will support PTI's continued growth and geographic expansion of its wireless infrastructure platform across the Americas and Europe.

NGL Energy Partners LP Acquires Hillstone Environmental Partners from Golden Gate Capital

November 1, 2019

Oil & Gas

NGL Energy Partners LP has agreed to acquire all equity interests of Hillstone Environmental Partners LLC from Golden Gate Capital for approximately $600 million. The acquisition adds Hillstone's produced water pipelines and disposal well network in the Northern Delaware Basin to NGL's existing Delaware Basin water platform, increasing disposal and transportation capacity and providing long-term contracted volumes.