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Kinder Morgan to Acquire NextEra Energy Partners' Texas Pipelines for $1.82 Billion
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Kinder Morgan to Acquire NextEra Energy ...
Kinder Morgan Acquires Texas Pipelines, ...
Kinder Morgan Acquires Texas Pipelines, ...
Kinder Morgan to Acquire NextEra Energy ...
Overview
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Kinder Morgan, a U.S. pipeline operator, will acquire NextEra Energy Partners' gas pipelines in South Texas for $1.82 billion. The deal is expected to close in Q1 2024. NextEra Energy Partners' Texas natural gas pipeline portfolio, STX Midstream, consists of seven pipelines with a transport capacity of 4.9 billion cubic feet per day.
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How will the acquisition impact Kinder Morgan's operations and financial position?
What are the potential implications of NextEra Energy Partners' debt reduction?
What are the reasons behind the increased consolidation in the oil and gas pipeline business?
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