Harvest Midstream Announces the Closing of its Purchase of Paradigm Midstream, LLC
Today, Harvest Midstream (Harvest) announced that it closed on the acquisition of Paradigm Midstream from funds managed by Ares Management’s Infrastructure Opportunities strategy after agreeing to the purchase on February 24, 2023.
- Today, Harvest Midstream (Harvest) announced that it closed on the acquisition of Paradigm Midstream from funds managed by Ares Management’s Infrastructure Opportunities strategy after agreeing to the purchase on February 24, 2023.
- “We are pleased to complete this transaction,” said Harvest CEO Jason C. Rebrook.
- The purchase also includes Paradigm’s ownership interest in two joint ventures with Phillips 66.
- Harvest Midstream is a privately held midstream service provider based in Houston, TX that operates various crude oil and natural gas gathering, storage, transportation, treatment and terminalling assets across the United States.