Williams Closes $5.5 Billion Deal for Momentum Midstream

Williams has completed its acquisition of Momentum Midstream in a deal worth approximately $5.5 billion, expanding its natural gas infrastructure platform in the Haynesville region.

The transaction includes around $3.5 billion of cash and debt consideration, along with roughly $2 billion of Williams' equity.

Momentum's Haynesville platform brings over 4,000 miles of pipe, more than 1 million dedicated acres, 6 Bcf/d of gathering capacity, multiple processing and treating facilities, and three take-or-pay pipelines with 4.05 Bcf/d of transportation capacity.

This acquisition strengthens Williams' presence in the nation's fastest-growing natural gas supply basin, improving connectivity between prime supply sources and growing demand centers along the Gulf Coast.