One-Page Deal Sheet
ETP Divests Missouri Gas Assets in Near Billion-Dollar Deal
The Laclede Group, Inc. Energy Transfer Partners Lp, Southern Union Company
Announced Date
September 03,2013
Close Date
September 03,2013
Transaction Type
Asset
Location
Country
United States
State
Missouri
Transaction Details: Subscribe to see
Energy Transfer Partners has reported that effective September 1, 2013, the sale of the assets of Missouri Gas Energy to Laclede Gas Company, a subsidiary of The Laclede Group Inc., was completed for $975 million.
is a division of Southern Union Company (Southern Union), a wholly-owned subsidiary of ETP.
ETP expects the sale of the assets of Southern Union’s New England Gas Company (NEG) natural gas distribution division for $60 million, less assumed debt, will be completed during the fourth quarter of 2013, pending receipt of required regulatory approval.
The sale by Southern Union of the…
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