YOUNGSTOWN, Ohio — The Dallas-based Crosstex Energy companies, Crosstex Energy LP and Crosstex Energy Inc., plan to invest $25 million to build its third natural gas compression and condensate stabilization facility in the Ohio River Valley.

Crosstex said it will make the investment in E2, a company formed in March with the former management of Enerven Compression Services, to provide services for producers in the liquids-rich window of the Utica shale play.

The company’s iinitial investment commitment in E2 of approximately $50 million is funding the construction of two similar facilities. E2 will build, own, manage and operate all three compressor stations and condensate stabilization assets in Noble and Monroe counties in Ohio.

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