CCE Holdings Inc., a joint venture between Southern Union Co. and GE Commercial Finance Energy Financial Services on Wednesday completed its acquisition of 100% of the equity interests in CrossCountry Energy LLC from Enron Corp. CCE paid Enron $2.45 billion in cash and assumed the debt for 7,400 miles of natural gas pipelines with 4.2 Bcf/d of transportation capacity.
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CCE Completes Purchase of Gas Pipelines Formerly Owned by Enron
CCE Holdings Inc., a joint venture between Southern Union Co. and GE Commercial Finance Energy Financial Services on Wednesday completed its acquisition of 100% of the equity interests in CrossCountry Energy LLC from Enron Corp. CCE paid Enron $2.45 billion in cash and assumed the debt for 7,400 miles of natural gas pipelines with 4.2 Bcf/d of transportation capacity.
Oneok Completes Purchase of General Partner Stake in Northern Border
Oneok said Wednesday that it completed its previously announced $175 million purchase of Northern Plains Natural Gas, which owns 82.5% of the general partner interest and 500,000 limited partnership units (representing a 2.73% ownership interest) in Northern Border Partners LP. Oneok will now operate an additional 2,300 miles of regulated interstate gas pipelines with 4.3 Bcf/d of natural gas throughout in the Midwest.
Oneok Completes Purchase of General Partner Stake in Northern Border
Oneok said Wednesday that it completed its previously announced $175 million purchase of Northern Plains Natural Gas, which owns 82.5% of the general partner interest and 500,000 limited partnership units (representing a 2.73% ownership interest) in Northern Border Partners LP. Oneok will now operate an additional 2,300 miles of regulated interstate gas pipelines with 4.3 Bcf/d of natural gas throughout in the Midwest.
Merrill Lynch Completes Purchase of Entergy-Koch Trading
Merrill Lynch & Co. completed its purchase of the energy trading businesses of Entergy-Koch LP, a venture of Entergy Corp. and Koch Energy that was among the top five largest natural gas marketers by volumes sold in the second quarter of 2004 with 7.3 Bcf/d of physical natural gas sales. The trading operation also is one of the largest power sellers in North America.
AEP Completes Bammel Storage Purchase from Enron
American Electric Power (AEP) late Friday completed its acquisition of the Bammel storage reservoir near Houston and related natural gas pipeline and compressor assets from Enron Corp. for $115 million.
AEP Completes Bammel Storage Purchase from Enron
American Electric Power (AEP) late Friday completed its acquisition of the Bammel storage reservoir near Houston and related natural gas pipeline and compressor assets from Enron Corp. for $115 million.
AEP Completes Bammel Storage Purchase from Enron
American Electric Power (AEP) late Friday completed its acquisition of the Bammel storage reservoir and related natural gas pipeline and compressor assets from Enron Corp. for $115 million.
Merrill Lynch Completes Purchase of Entergy-Koch Trading
Merrill Lynch & Co. completed its purchase of the energy trading businesses of Entergy-Koch LP, a venture of Entergy Corp. and Koch Energy that was among the top five largest natural gas marketers by volumes sold in the second quarter of 2004 with 7.3 Bcf/d of physical natural gas sales. The trading operation also is one of the largest power sellers in North America.
Merrill Lynch Completes Purchase of Entergy-Koch Trading
Merrill Lynch & Co. completed its purchase of the energy trading businesses of Entergy-Koch LP, a venture of Entergy Corp. and Koch Energy that was among the top five largest natural gas marketers by volumes sold in the second quarter of 2004 with 7.3 Bcf/d of physical natural gas sales. The trading operation also is one of the largest power sellers in North America.