Crestwood’s $485 Million Acquisition of Williams’ 50% Interest in Powder River Basin JV


Vinson & Elkins advised Crestwood Equity Partners LP on the deal

Crestwood Equity Partners LP executed the acquisition by Crestwood Niobrara LLC of a 50% interest in Jackalope Gas Gathering Services, L.L.C. from The Williams Companies, Inc. for approximately $485 million.

The acquisition of Williams’ interest is a continuation of Crestwood’s strategy to expand its operational footprint in its core growth basins.

The V&E corporate team was led by partner Gillian Hobson (Picture) with senior associate Daniel McEntee and associate Bo Shi.

Involved fees earner: Gillian Hobson – Vinson & Elkins LLP; Daniel McEntee – Vinson & Elkins LLP; Bo Shi – Vinson & Elkins LLP;

Law Firms: Vinson & Elkins LLP;

Clients: Crestwood Equity Partners LP;