AcquisitionJul 27, 2026Completed
🇺🇸 United States
TETwin Eagle Holdings, N.A., LLCEEExpand Energy Corporation
Energy › Midstream
Enterprise value$1.25BEnterprise value
AnnouncedJul 27, 2026
ConsiderationCash
StructureOne-step merger
RegionNorth America
Cross-borderNo
Contingent paymentNo
Overview
Expand Energy entered into a definitive merger agreement to acquire Twin Eagle Holdings, N.A., LLC, a private asset-backed natural gas marketing and optimization business, from Five Point Infrastructure for $1.25 billion, subject to purchase price adjustments.
Deal rationale
The acquisition is meant to turn Expand into an integrated natural gas producer and marketer, adding marketing earnings and synergies and expanding its customer and market reach.
AI-generated from the SEC filingCompletedEnergy › MidstreamUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | Undisclosed | |
|---|---|---|
| Enterprise value | $1.25B | Headline figure |
| Consideration | Cash |
Advisors
Buy-side
PPPJT Partners
Sell-side
LLazard
Parties
Target
TETwin Eagle Holdings, N.A., LLC
- Headquarters
- United States
- Ticker
- —
Seller
FPFive Point Infrastructure
- Headquarters
- —
- Ticker
- —