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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 ...
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Kinder Morgan to Acquire NextEra Energy ...
Kinder Morgan to Acquire NextEra Energy ...
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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 does the decline in NextEra Energy Partners' shares reflect the current state of the energy industry?
How will the acquisition by Kinder Morgan impact the energy landscape in South Texas?
What are the potential challenges and opportunities for NextEra Energy Partners following the sale of its pipelines?
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