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Partners Group, OPTrust – Acquisition of US midstream company stake

Swiss investment firm Partners Group and Canadian pension fund OPTrust have agreed to acquire a 50% joint control stake in Superior Pipeline Company for USD 300m. Superior Pipeline Company is based in Tulsa, Oklahoma, and owns and operates three natural gas treatment plants, 13 processing plants, 22 active gathering systems and roughly 1,455 miles of pipelines across the US. Most of the revenues are generated through long-term, fixed-fee contracts.