Weil is advising DT Midstream, Inc. in its agreement to acquire a portfolio of three FERC-regulated natural gas transmission pipelines from ONEOK, Inc. for $1.2 billion. The pipelines have a total capacity of more than 3.7 Bcf/d with approximately 1,300 miles across seven states in the attractive Midwest market region which is expected to experience continued growth in power demand. Under the terms of the agreement, DT Midstream will acquire 100% operating ownership in Guardian Pipeline, Midwestern Gas Transmission and Viking Gas Transmission.

DT Midstream is an owner, operator and developer of natural gas interstate and intrastate pipelines, storage and gathering systems, compression, treatment and surface facilities.

The Weil team is led by Private Equity partner Omar Samji and includes associates Sarah George, Greg Kerr, Trace Hancock, Matthew Kim, Ben Jamison, Coty S. Allen, Parker Lawter, Sam Rosenbloom, Nneka Ukpaby and Logan Lowe (Not Yet Admitted in California); Tax partner Steven Lorch and associate Madeline Joerg; Antitrust partner Megan Granger, counsel Carla Hine and associates Kelly McCubrey and Mia Smitney (Not Yet Admitted in Washington, D.C.); Executive Compensation & Benefits partner Amanda Rotkel and associates Rebekah French, Sanjana Rao and Rustin Armknecht (Not Yet Admitted in New York); Employment partner Peter Mee and associate Liran Messinger; Environmental Head Annemargaret Connolly and partner Matthew Morton; Regulatory Transactions counsel Ariel Fliman; Litigation counsel Melissa Rutman; and Real Estate attorney Leslie Smith.