MPLX Closes $2.38 Billion Acquisition of Northwind Delaware Holdings-March 2024-www.financetom.com

MPLX Closes $2.38 Billion Acquisition of Northwind Delaware Holdings

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MPLX Closes $2.38 Billion Acquisition of Northwind Delaware Holdings

Sep 2, 2025 4:49 AM

07:21 AM EDT, 09/02/2025 (MT Newswires) -- MPLX LP ( MPLX ) said Tuesday that it has completed the $2.38 billion acquisition of Northwind Delaware Holdings.

Northwind provides sour gas gathering, treating and processing services in Lea County, New Mexico, adjacent to MPLX's ( MPLX ) existing Delaware basin natural gas system, the company said.

MPLX ( MPLX ) said that the acquisition was financed, and it will fund incremental capital expenditures from its $4.5 billion senior notes issued in August.

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