Mergers & Acquisitions ·
Expand Energy Corporation entered a definitive merger agreement to acquire Twin Eagle Holdings, N.A. from Five Point…
EXEEXPAND ENERGY Corp
Expand Energy Corporation entered a definitive merger agreement to acquire Twin Eagle Holdings, N.A. from Five Point Infrastructure for $1.25 billion. The transaction, expected to close in the third quarter of 2026, aims to create a leading integrated natural gas company by combining Expand's supply with Twin Eagle's marketing platform. The acquisition is expected to be immediately accretive, contributing over $200 million in projected annual EBITDA and $150 million in annual synergies by year-end 2028. Expand Energy plans to fund the acquisition using cash on hand and its revolving credit facility. Expand Energy is an energy company that operates as a natural gas producer and marketer.