Energy Transfer has been recognized as a finalist for the 2024 Platts Global Energy Awards in the “Deal of the Year – Strategic” category. This nomination celebrates the company’s transformative merger with Crestwood Equity Partners LP, a strategic acquisition that has significantly bolstered Energy Transfer’s presence and leadership within the midstream energy sector.
The merger expanded Energy Transfer’s operational footprint, increasing its pipeline mileage and related infrastructure across major U.S. production regions and markets. With assets now spanning 41 states, the company is better positioned to serve diverse markets and capitalize on synergies that enhance efficiency and capacity. This milestone aligns with Energy Transfer’s long-term growth strategy, which focuses on strengthening its integrated network and meeting the evolving energy demands of its customers.
The strategic nature of this merger is underscored by its benefits for both companies’ stakeholders, including an enhanced ability to deliver safe, reliable, and efficient energy solutions. The integration of Crestwood Equity Partners’ assets allows Energy Transfer to improve connectivity across key supply and demand centers, further establishing its competitive edge in the midstream sector.
This recognition from the Platts Global Energy Awards—often referred to as the “Oscars of the Energy Industry”—highlights the significance of the merger as a pivotal moment for Energy Transfer. The company’s leadership expressed pride in this nomination, viewing it as validation of the deal’s positive impact on its business operations, industry standing, and commitment to delivering value.
The “Deal of the Year – Strategic” category honors transformative transactions that redefine the energy landscape, recognizing mergers, acquisitions, and partnerships that have far-reaching impacts. By being named a finalist, Energy Transfer stands out as an innovator in the midstream sector, showcasing its ability to execute deals that drive growth, efficiency, and industry leadership.
This nomination reflects Energy Transfer’s ongoing dedication to strategic growth and its role as a major player in the energy infrastructure market. As the company continues to integrate Crestwood Equity Partners’ assets, it is poised to leverage new opportunities, optimize its operations, and deliver enhanced value to its stakeholders.
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