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News May 22, 2019

DTE Midstream’s Acquisition of Stake in Stonewall Gas

Shearman & Sterling advised DTE Midstream in connection with the acquisition of a 30 percent stake in Stonewall Gas Gathering for $275.3 million, bringing its total ownership interest in the asset to 85 percent.

Stonewall Gas Gathering is a 67-mile, 36-inch natural gas gathering system located in West Virginia. DTE Midstream has been operating the asset for about three years.

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