Items Tagged with 'distribution'


Williams, Williams Partners Agree on $11.4B IDR Waiver; Plan to Simplify Structure

Williams (WMB) and Williams Partners LP (WPZ) Monday afternoon said they have agreed to an incentive distribution rights (IDR) waiver transaction worth about $11.4 billion, bolstering WPZ's credit rating and lowering its cost of capital. WMB also said it has identified further noncore assets to be sold and announced a public offering of 65 million common shares. Read More

PG&E Facing Fines For Pipe Record Keeping Errors

Pacific Gas and Electric Co. (PG&E) could face fines of more than $100 million for its past natural gas system record-keeping errors that contributed to pipeline failures and explosions. PG&E officials said they will respond to the fine proposal by March 31. Read More

Chicago Gas Pipe Replacement Revamped by WEC Energy Group

With the completion of a merger forming Milwaukee-based WEC Energy Group, a controversial multi-billion-dollar, multi-year effort to replace the aging natural gas pipeline system in Chicago is getting a fresh look, WEC's CEO told financial analysts during a quarterly earnings conference call last week. Read More