EQT Corporation (EQT)

Quantum Energy Partners Completes Sale of Tug Hill and XcL Midstream Assets

HOUSTON, Aug. 22, 2023 (GLOBE NEWSWIRE) -- Quantum Capital Group (“Quantum”), a leading provider of capital to the global energy and climate tech industries, today announced that Quantum Energy Partners (“QEP”) has completed the sale of THQ Appalachia I Midco, LLC (“Tug Hill”) and THQ-XcL Holdings I Midco, LLC (“XcL Midstream”) to EQT Corporation (NYSE: EQT) for a total consideration of approximately $2.4 billion of cash and 49.6 million shares of EQT common stock. “We are pleased to complete th