XPLR Infrastructure LP has announced that its indirect subsidiaries, Meade Pipeline Investment, LLC, Redwood Midstream, LLC, and River Road Interests LLC, have entered into a purchase and sale agreement with APC Holdings II, L.P. and ACI Meade Member, LLC, affiliates of Ares Management LLC. The agreement involves the sale of all interests in Meade Pipeline Co, LLC, which has investments in natural gas pipeline assets in Pennsylvania, and a 15% interest in Redwood Meade Midstream MPC, LLC. The transaction, valued at approximately $1.1 billion, is expected to close by the end of the third quarter of 2025, following necessary approvals and conditions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. XPLR Infrastructure LP published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001603145-25-000042), on August 11, 2025, and is solely responsible for the information contained therein.