Expand Energy to Acquire Twin Eagle for $1.25 Billion

July 28, 2026

Expand Energy has signed a definitive agreement to acquire private, asset-backed natural gas marketer and optimization business Twin Eagle for about $1.25 billion from Five Point Infrastructure. The deal is expected to close in Q3 2026, after customary conditions and regulatory approvals, and would make Twin Eagle a wholly owned subsidiary of Expand.

Buyers
Expand Energy Corporation
Targets
Twin Eagle Holdings, N.A., LLC
Sellers
Five Point Infrastructure
Industry
Energy
Location
Texas, United States
Transaction Type
Buyout

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