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Kinder Morgan IDs $14.8B in Expansion, JV Opportunities

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Kinder Morgan IDs $14.8B in Expansion, JV Opportunities

Kinder Morgan reconfirmed its 2014 financial dividend and distribution guidance for Kinder Morgan, Inc., Kinder Morgan Energy Partners, L.P., Kinder Morgan Management, LLC and El Paso Pipeline Partners, L.P., and at KMP expects to generate distributable cash flow per unit nicely in excess of its budget targets.

Chairman and CEO Richard D. Kinder stated, "2014 is off to a great start and the future outlook for the Kinder Morgan companies remains very bright. We have identified approximately $14.8 billion in expansion and joint venture investments that we are confident will contribute to our growth, and we are pursuing customer commitments for many more projects. Since our 2014 budget was announced in early December of 2013, KMP has completed an approximately $962 million acquisition of…

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