Southwestern Energy’s $2.7 Billion Acquisition of Indigo

Cleary Gottlieb is representing Goldman Sachs as financial advisor to Southwestern Energy Company (Southwestern) in its acquisition of Indigo Natural Resources LLC (Indigo) in a cash and stock transaction valued at approximately $2.7 billion.

The transaction was announced on June 2, 2021, and is expected to close early in the fourth quarter of 2021, subject to approval by the Southwestern shareholders, the receipt of required regulatory approvals and customary closing conditions.

Indigo is one of the largest private U.S. natural gas producers, with core dry gas assets across the stacked pay Haynesville and Bossier zones in northern Louisiana.

For more information, please see the press release here.