Phillips 66 Seals Acquisition of EPIC Midstream Assets

Phillips 66 Seals Acquisition of EPIC Midstream Assets

The $2.2 billion purchase includes NGL pipelines, fractionation facilities and distribution systems.

EQT acquires Eagle Railcar Services

EQT’s flagship infrastructure fund, EQT Infrastructure VI, has signed a definitive agreement to acquire Eagle Railcar Services, an independent provider of regulatory-mandated railcar repair and maintenance services across North America. EQT will work alongside Eagle’s management team to drive long-term value creation, drawing on its experience in North American transportation and logistics investments. The partnership will focus on enhancing ope…

Phillips 66 Completes EPIC Acquisition

The NGL midstream deal to buy EPIC NGL is part of an ongoing dispute between Phillips and activist investor group Elliott Investment Management.

Phillips 66 Completes Acquisition of EPIC NGL Assets, Gaining Control of the Pipelines

Phillips 66 Completes Acquisition of EPIC NGL Assets, Gaining Control of the Pipelines Constantin Schreiber Wed, 04/02/2025 - 14:15 Phillips 66 announced Tuesday it has completed its $2.2 billion acquisition of EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP, gaining control of natural gas liquids pipelines, fractionation facilities, and distribution systems. The acquisition includes two fractionators near Corpus Christi, Texas, with a combined capac…

Phillips 66 EPIC NGL acquisition

Phillips 66 has completed the acquisition of EPIC Y-Grade GP and EPIC Y-Grade for $2.2bn.

Phillips 66 completes acquisition of EPIC NGL

Phillips 66 announced the completion of its previously announced acquisition of EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP for total cash consideration of approximately $2.2 billion.