The current midstream equity and debt portfolio of the GE unit totals about $2.4bn and the latest investment in Summit Midstream builds on the company’s strategy of partnering with growth-oriented firms with long-term contracted assets.
The GE unit has invested in a midstream master limited partnership, gas storage assets, a LNG regasification terminal and 40,000 miles of gas pipelines.
Summit Midstream acquires and develops midstream energy infrastructure assets that are located in traditional and emerging North American production basins.
