US Williams closes $2.25bn acquisition of Access Midstream assets

20 December 2012 22:56  [Source: ICIS news]

HOUSTON (ICIS)--US-based Williams Energy said on Thursday that it has completed investments in Access Midstream Partners GP (Access GP) and Access Midstream Partners LP (ACMP) for about $2.25bn (€1.69bn).

The amount was reduced from the previously announced $2.4bn because of ACMP’s capital-raising activities and closing adjustments, Williams said.

Williams now owns a 50% interest in Access GP, which includes a 2% interest in ACMP. Williams also holds 24% of ACMP’s limited-partner units.

($1 = €0.75)

By: Tracy Dang
+1 713 525 2653

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