One-Page Deal Sheet
Kinder Morgan To buy Permian Pipeline
Transaction Details: Subscribe to see
Kinder Morgan Energy Partners, L.P., announced that it will acquire 100 percent of Tennessee Gas Pipeline (TGP) and a 50 percent interest in El Paso Natural Gas (EPNG) pipeline from Kinder Morgan, Inc. for approximately $6.22 billion, including about $1.8 billion in assumed debt at TGP and approximately $560 million of proportional debt at EPNG. The transaction, which is expected to close this month and be effective Aug. 1, was approved by the independent members of the boards of directors of both KMI and Kinder Morgan Management, LLC (NYSE: KMR) following the receipt by each board of…
Permian Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| May-25-2022 |
- |
- |
Click here | Texas | Midstream |
| May-16-2022 |
- |
- |
Click here | Texas | Midstream |
| Feb-04-2022 |
- |
- |
Click here | Texas | Midstream |
| Oct-26-2021 |
- |
- |
Click here | North Dakota | Midstream |
| Oct-21-2021 |
- |
- |
Click here | Texas | Midstream |
