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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 to Acquire NextEra Energy ...
Kinder Morgan to Acquire NextEra Energy ...
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 and will be funded with cash on hand and short-term borrowings.
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How might this acquisition impact the consolidation trend in the oil and gas pipeline business?
What are the implications of the declining share prices for Exxon and Chevron after their megadeals?
What are the potential benefits and challenges for Kinder Morgan in acquiring these pipelines?
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