Tailwater-backed Silver Creek sells Powder River Basin assets to Plains All American for USD 585 million

• Tailwater Capital-backed Silver Creek Midstream agreed to sell its Powder River Basin crude oil midstream assets to Plains All American.
• Transaction valued at about USD 585 million in cash via the sale of SCM PR II.
• Assets include about 600 miles of pipelines, 350,000 bbl/d capacity, 1.2 million barrels of storage.
• Silver Creek also holds a 49% non-operated interest in the Powder River Gateway joint venture.
• Closing targeted for the fourth quarter of 2026, subject to regulatory approvals and customary conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tailwater Capital LLC published the original content used to generate this news brief on September 16, 2026, and is solely responsible for the information contained therein.