Tres Palacios Natural Gas Storage Acquisition Overview September 7, 2010
Transaction Summary Inergy has executed a definitive agreement to purchase Tres Palacios Gas Storage LLC, the owner of the Tres Palacios natural gas storage facility located 100 miles southwest of Houston in Matagorda County, TX for…
Transaction Benefits Significantly expands natural gas storage Pro Forma Adjusted EBITDA (a) operations Propane Creates largest independent natural gas storage operator 50% in the U.S. with 80 Bcf of working gas storage capacity,…
Pipeline Interconnects & Markets Served Northeast Midwest Mid-Atlantic Southeast Inergy Northeast Storage Hub Tres Palacios Storage Waha Barnett Shale Florida Gas Transmission Co Kinder Morgan Intrastate System…
Tres Palacios Asset Overview Asset Characteristics 27.1 Bcf working gas capacity currently in service (Cavern 1 and 2) Cavern 3 provides additional 11.4 Bcf of working gas capacity (expected in-service Sep-2010) Cavern 3 substantially…
Commercial Opportunities Tres Palacios is strategically positioned to supply large daily needs of the Texas gas-fired power generation market Facility offers more interconnects than any competing storage asset in Texas market Offers…
Tres Palacios Facilities Map 8
Tres Palacios Storage Facility 9
Committed to Generating Industry-Leading Returns to Our Investors 10
Loading...
