Basalt Infrastructure Partners II GP Limited entered into a definitive agreement to acquire natural gas transmission business from Third Coast Midstream, LLC (NYSE:AMID) on October 17, 2019. The Houston-based business will be rebranded as Black Bear Transmission. The consummation of the transaction remains subject to customary closing conditions, including expiration or termination of applicable regulatory waiting periods. Barclays PLC (LSE:BARC) acted as financial advisor and Vinson & Elkins LLP acted as legal advisor to Basalt Infrastructure. RBC Capital Markets Inc. acted as financial advisor and Orrick, Herrington & Sutcliffe LLP acted as legal advisor to Third Coast. Basalt Infrastructure Partners II GP Limited completed the acquisition of natural gas transmission business from Third Coast Midstream, LLC (NYSE:AMID) on December 10, 2019.