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HOUSTON--(BUSINESS WIRE)--Noble Midstream Partners LP (NYSE: NBLX) (“Noble Midstream”) and Plains All American Pipeline, L.P. (NYSE: PAA) (“Plains”) announced today the completion of the Advantage Pipeline, L.L.C. (“Advantage”) acquisition for $133 million through a newly formed 50/50 joint venture. Noble Midstream contributed $66.5 million of cash, funded by available cash on hand and their credit facility, and Plains contributed approximately 1.3 million PAA units and $26.3 million of cash. N
April 04, 2017 at 02:32AM
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