natural gas processing
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.EQT Completes Public Offering of Kodiak Gas Services Shares
.Frontier TopCo Partnership, representing EQT Infrastructure III/IV, completed an underwritten public offering of 9,762,573 Kodiak Gas Services shares, generating roughly USD 335.5 million in gross proceeds. Goldman Sachs led the syndicate, and the funds—raised by the selling shareholder—will bolster Kodiak’s balance sheet for high‑efficiency compression upgrades, pipeline expansion in key markets (including the Permian Basin), and scaling its cloud‑based asset‑management platform. The deal signals strong investor confidence in midstream energy and private‑equity support for technology‑driven, low‑carbon growth.