Disposition · Activity not yet classified
SCM PR II, LLC
Transaction overview
Announced
Exact closing date not established.
On September 16, 2026, Silver Creek announced an agreement to sell SCM PR II, LLC, the parent of its Powder River Basin business, to a Plains subsidiary for approximately $585 million in aggregate cash consideration. SCM PR II was owned by subsidiaries of Tailwater Capital, The Energy & Minerals Group and management. Closing was expected in the fourth quarter of 2026, subject to customary conditions and regulatory approvals; the aggregate price is not Tailwater’s individual proceeds.
Selected source-supported transactions; coverage is incomplete. Announcements do not establish completion or that a deal is still pending. Sponsor activity and operating-business transactions are distinct from adviser acquisitions. Unclassified activity is excluded from adviser-only counts.
Source evidence
- Silver Creek Midstream Announces Sale of Powder River Basin Assets to Plains All American ↗
Official firm website · Published Sep 16, 2026
On September 16, 2026, Silver Creek announced an agreement to sell SCM PR II, LLC, the parent of its Powder River Basin business, to a Plains subsidiary for approximately $585 million in aggregate cash consideration. SCM PR II was owned by subsidiaries of Tailwater Capital, The Energy & Minerals Group and management. Closing was expected in the fourth quarter of 2026, subject to customary conditions and regulatory approvals; the aggregate price is not Tailwater’s individual proceeds.