Midstream player buys into Delta House

The Denver-based limited partnership will take on 25% of the stake of ArcLight Capital Partners, which has a 51.7% share in the facility.

"The drop down of an initial interest in Delta House demonstrates ArcLight’s ongoing strong sponsorship of American Midstream and complements our existing eastern Gulf of Mexico operations to further expand our footprint into the operating core of the Mississippi Canyon, one of the most prolific regions of the Gulf of Mexico,”chief executive Steve Bergstrom said.

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