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Noble Midstream Acquires Midstream Interests from Noble Energy for $1.6B

Vinson & Elkins advised Noble Energy in a definitive agreement whereby Noble Midstream Partners LP (the “Partnership”) acquired the Partnership’s incentive distribution rights and substantially all of Noble Energy’s remaining midstream interests for $1.6 billion. 

The total consideration will consist of both cash and common units of limited partner interests in the Partnership.

The V&E corporate team was led by partner Ramey Layne with assistance from senior associate Jessica Lewis and associates Andrianna Frinzi and Nico Kroeker. The tax team was led by partners Ryan Carney and Joe Garcia with assistance from associates Christine Mainguy and Eyad Saqr.

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