Williams prices $2.75 billion in senior notes
The company plans to use net proceeds to repay commercial paper and fund capital expenditures.
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Natural gas infrastructure company
williams.comLast updated
In short: Williams acquired Momentum Midstream for $5.5 billion and secured a $5.34 billion investment from Blackstone to fund power projects.
The company plans to use net proceeds to repay commercial paper and fund capital expenditures.
The deal expands Williams' integrated natural gas infrastructure platform in the Haynesville basin to serve growing Gulf Coast LNG and industrial demand.
The venture combines natural gas infrastructure with behind-the-meter generation while announcing a ten million dollar education partnership for Central Ohio schools.
CEO Chad Zamarin told CNBC the acquisition expands Williams in the fastest-growing natural gas basin, driven by LNG exports and AI data centers.
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