Kinder Morgan Inc. (KMI) has finalized the $1.8 billion acquisition of NextEra Energy Partners LP’s South Texas Midstream LLC, securing natural gas pipeline and storage assets serving Mexico and the Gulf Coast. 

“These assets integrate well with our existing South Texas footprint and extend our direct connectivity in the lean area of the Eagle Ford Basin, allowing us to offer LNG customers greater access to desirable low-nitrogen natural gas supply,” KMI’s Sital Mody, president of Natural Gas Pipelines, said. 

The South Texas package included 462 miles of gas pipelines with 4.9 Bcf/d of transport capacity connecting the Eagle Ford Shale with growing demand from liquefied natural gas and Mexico exports, as well as industrial and power generation markets along the Gulf...