EQT Corp. has formed a new midstream joint venture (JV) with Blackstone Credit & Insurance (BXCI) consisting of EQT's ownership interest in certain contracted infrastructure assets.
Natural gas producer EQT said on Monday that alternative asset manager Blackstone would buy minority stakes in some of its pipelines for $3.5 B in cash through a joint venture.
Blackstone, an alternative asset manager, said Monday it would purchase minority stakes in certain of EQT's pipelines through a joint-venture for $3.5 billion.