Williams gets early termination of HSR waiting period for Access Midstream deal Williams (WMB) announced that it received early termination of the required waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect to the company’s previously announced acquisition from Global Infrastructure Partners II of its 50% general partner interest and 55.1M limited partner units in Access Midstream Partners (ACMP). Williams expects to complete the transaction in early July at which time it will own 100% of the general partner and approximately 50% of the limited partner units in Access Midstream.
News For WMB;ACMP From The Last 14 Days
Check below for free stories on WMB;ACMP the last two weeks.
Williams announces open season for Transco Western Marcellus Pipeline Project Williams (WMB) has announced that it is initiating an open season from September 3 to September 29 for the Western Marcellus Pipeline Project, an expansion of the Transco interstate pipeline to provide incremental firm natural gas transportation capacity to growing markets in the Mid-Atlantic and southeastern United States by late 2018. Transco is a wholly owned subsidiary of Williams Partners (WPZ), of which Williams owns controlling interests and is the general partner. The Western Marcellus Pipeline Project is being designed to provide from one billion to in excess of two billion cubic feet per day of new natural gas transportation capacity from receipt points in the Western Marcellus and Utica supply areas to points as far south as Transco’s Zone 3 compressor station 65 in Mississippi and as far north as the proposed Zone 6 River Road point in Pennsylvania. The project would connect Williams’ Ohio Valley Midstream processing and gathering system in northern West Virginia with the Transco pipeline, the largest volume pipeline system in the United States. The final capacity, scope and cost of the project will be determined by the results of the open season.