Navitas Midstream reports investment of up to US$ 500 million

Navitas Midstream Partners, a producer-focused midstream company, reports that an affiliate of Warburg Pincus, a global private equity firm focused on growth investing, has agreed to lead a line-of-equity investment of up to US$ 500 million in the company.

Warburg Pincus is joined by members of the management team and other individuals in this investment. Navitas seeks to develop, acquire, and operate midstream assets across multiple basins in North America.

Adapted from press release by Hannah Priestley-Eaton

Read the article online at: https://www.worldpipelines.com/business-news/09062014/navitas_midstream_reports_investment_of_up_to_us_500_million/