Expanding in the Delaware: Magnetar Capital’s $250 million commitment targets growth of Lucid Energy’s Delaware basin system
Lucid Energy Group of Dallas will be adding up to $250 million worth of expansion to the 930 MMCF of natural gas processing capacity and 3,600 miles of pipeline assets it has in the Permian basin, the company announced Tuesday.

Alternative asset manager Magnetar Capital will invest up to $250 Million in Lucid Energy preferred equity, the company said in a press release.

Privately-held Lucid Energy has 1,300 miles o...

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