Williams Acquires Momentum Midstream in $5.5 Billion Deal

Williams has finalized its acquisition of Momentum Midstream for approximately US$5.5 billion, expanding the company's integrated natural gas infrastructure platform in the Haynesville region.

The deal includes a cash and debt consideration of around US$3.5 billion and roughly US$2 billion of Williams' equity.

Momentum's Haynesville platform adds over 4000 miles of pipeline, more than 1 million dedicated acres, and multiple processing and treating facilities to Williams' portfolio.

The acquisition strengthens connectivity between the premier supply basin and growing demand along the Gulf Coast, creating opportunities for future expansions in addition to two already announced projects.

According to Chad Zamarin, President and CEO of Williams, 'With the acquisition now complete, Williams has established a premier Haynesville position that strengthens our ability to serve rapidly growing LNG, power, and industrial demand along the Gulf Coast.'