Enable Midstream Completes Acquisition of Align Midstream

OKLAHOMA CITY–(BUSINESS WIRE)–Enable Midstream Partners, LP (NYSE: ENBL) today announced it has closed
on its previously announced agreement to acquire Align Midstream, LLC, a
midstream company with natural gas gathering and processing facilities
in the Cotton Valley and Haynesville plays of the Ark-La-Tex Basin, for
approximately $300 million, subject to certain customary post-closing
adjustments.

“We are pleased to complete this acquisition, which extends our
Ark-La-Tex footprint in active areas of the basin and is expected to be
accretive to our 2018 distributable cash flow per unit,” said Enable
Midstream President and CEO Rod Sailor. “We are excited about the
increasing development in the area, and the integration of these new
assets will allow us to further optimize our midstream platform in the
region and provide our new customers with an expanded suite of midstream
services.”

The Align acquisition includes approximately 190 miles of natural gas
gathering pipelines across Rusk, Panola and Shelby counties in Texas and
DeSoto Parish in Louisiana and a cryogenic natural gas processing plant
in Panola, Texas, with a capacity of 100 million cubic feet per day.
These assets are underpinned with long-term, fee-based contracts,
including approximately 100,000 gross acres of dedication from producer
customers.

ABOUT ENABLE MIDSTREAM PARTNERS

Enable owns, operates and develops strategically located natural gas and
crude oil infrastructure assets. Enable’s assets include over 13,000
miles of gathering pipelines, 2.6 Bcf/d of processing capacity,
approximately 7,800 miles of interstate pipelines (including Southeast
Supply Header, LLC of which Enable owns 50 percent), approximately 2,200
miles of intrastate pipelines and eight storage facilities comprising
85.0 billion cubic feet of storage capacity. For more information, visit www.enablemidstream.com.

Contacts

Enable Midstream Partners, LP
Media
David Klaassen,
405-553-6431
or
Investor
Matt Beasley, 405-558-4600