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Crestwood Acquires Williams' 50% Interest in Powder River Basin JV

Published: 04-10-2019

Vinson & Elkins advised Crestwood Equity Partners LP in the acquisition by Crestwood Niobrara LLC of a 50% interest in Jackalope Gas Gathering Services, L.L.C. from The Williams Companies, Inc. for approximately $485 million.

The acquisition of Williams’ interest is a continuation of Crestwood’s strategy to expand its operational footprint in its core growth basins.

The V&E corporate team was led by partner Gillian Hobson with senior associate Daniel McEntee and associate Bo Shi.

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