Antero Midstream Completes $1.1 Billion Acquisition of HG Energy II Midstream

summarizeSummary

Antero Midstream's subsidiary completed the previously announced $1.1 billion cash acquisition of HG Energy II Midstream Holdings, LLC.

check_boxKey Events

• Acquisition Completion

  Antero Midstream Partners LP, an indirect wholly-owned subsidiary, completed the acquisition of HG Energy II Midstream Holdings, LLC for approximately $1.1 billion in cash.

• Previously Announced Transaction

  This transaction finalizes the acquisition contemplated by the Membership Interest Purchase Agreement dated December 5, 2025.

• Purchase Agreement Amendment

  On December 22, 2025, the parties entered into a First Amendment to the Purchase Agreement to amend and restate certain annexes.

auto_awesomeAnalysis

Antero Midstream Corporation's subsidiary has finalized the acquisition of HG Energy II Midstream Holdings, LLC for approximately $1.1 billion in cash. While the agreement for this acquisition was previously announced on December 5, 2025, the completion of a transaction of this magnitude is a very important operational milestone. It signifies the successful integration of new assets and removes any lingering uncertainty regarding the deal's closure, materially impacting the company's asset base and future operations.