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EQT buys larger stake in Mountain Valley Pipeline
EQT Corp., in partnership with Blackstone Credit & Insurance, will increase its ownership in the Mountain Valley Pipeline by exercising an option to acquire part of Con Edison’s stake for approximately $115 million. This deal follows EQT’s regaining partial ownership after acquiring Equitrans Midstream Corp. in 2024. The agreement was finalized on January 2nd and is expected to close in the first half of the year.