Texas and New York Team Represent Crestwood in Divestiture of Marcellus Assets to Antero Midstream Corporation

A Locke Lord team led by Lauren Corbeil Clarke, Bill Swanstrom and Case Towslee (all of Houston) represented Crestwood Equity Partners LP, a publicly traded master limited partnership that owns and operates midstream assets, in the divestiture of its Marcellus natural gas gathering and compression assets to Antero Midstream Corporation for $205 million in cash, subject to customary adjustments. The transaction is expected to close in the fourth quarter. For more information, see the press release. Additional assistance was provided by Ben Cowan, Ed Razim, Buddy Sanders, Michelle Gutierrez-Begin, Jeff McPhaul and Ashley Lopez (all of Houston), Mark Backofen and Van Jolas (both of Dallas) and Jason Ulezalka (New York).
Posted on September 14, 2022