EPIC Y-Grade Agrees to Sell Business for $2.20 Billion to Phillips 66
“EPIC has transformed its NGL business over the past few years and this transaction affirms our team, our strategy, and our execution,” said Brian Freed, Chief Executive Officer of EPIC. “We have developed natural gas liquids assets in
For this transaction, Jeffries LLC served as financial advisor and Kirkland & Ellis LLP served as legal advisor to EPIC Y-Grade.
About EPIC Y-Grade, LP
EPIC Y-Grade was formed in 2017 to build and operate natural gas liquids pipelines and associated fractionation complex linking NGL reserves in the Permian and Eagle Ford to Gulf Coast refiners, petrochemical companies and export markets. EPIC Y-Grade’s operated fractionation complex is located at the terminus of its 24” pipeline in
View source version on businesswire.com: https://www.businesswire.com/news/home/20250107698592/en/
EPIC Midstream Holdings, LP
Mike Garberding
Chief Financial Officer
(214) 766-4929
Mike.garberding@epicmid.com
Source: EPIC Y-Grade, LP