Crestwood buys Sendero Midstream, sells Barnett footprint to EnLink

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Crestwood Equity Partners is beefing up its growing Delaware Basin pipeline footprint by acquiring Sendero Midstream Partners for $600 million, while helping to finance the deal by exiting North Texas’ Barnett Shale and selling those assets to EnLink Midstream for $275 million. The two cash deals, announced late May 25, come as part of Crestwood’s strategy to aggressively grow in…