The assets to be acquired are located in Massachusetts, Maine, Connecticut, New Hampshire, Rhode Island, Pennsylvania, Delaware, New Jersey and Maryland.
The transaction is expected to be completed at the end of this month or early February, subject to Hart-Scott-Rodino Act approval.
NGL Energy Partners CEO H. Michael Krimbill said the acquisition expands the company’s operations in the New England market and provides entry into the MidAtlantic market of the US.
NGL Energy Partners owns and operates a vertically integrated energy business with three operating segments: midstream, wholesale supply and marketing and retail propane.
