Kinder Morgan Closes on Stagecoach Assets
Kinder Morgan, Inc. (NYSE: KMI) today closed on its previously announced acquisition of the business of Stagecoach Gas Services LLC (Stagecoach).
- Kinder Morgan, Inc. (NYSE: KMI) today closed on its previously announced acquisition of the business of Stagecoach Gas Services LLC (Stagecoach).
- The Stagecoach assets include 4 natural gas storage facilities with a total FERC-certificated working gas capacity of 41 billion cubic feet and a network of FERC-regulated natural gas transportation pipelines with multiple interconnects to major interstate natural gas pipelines, including Tennessee Gas Pipeline (TGP), a KMI subsidiary.
- Natural gas continues to play a vital role as both a low emission fuel source and as a backstop to intermittent renewable power generation.
- Kinder Morgan, Inc. (NYSE: KMI) is one of the largest energy infrastructure companies in North America.