Williams Partners to buy majority interest in Utica East

April 6, 2015 12:43 PM

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Williams Partners L.P. will expand its stake in Utica East Ohio Midstream to a majority interest for about $575 million.

The energy infrastructure company already owns a 49 percent stake in Utica East, which focuses on fracking in the Utica Shale formation in eastern Ohio. It is buying the 21 percent interest owned by EV Energy Partners L.P.

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