Nipsco Industries Inc. subsidiary Energy USA Inc. last week completed its acquisition of TPC Corp., including its 66% interest in Market Hub Partners LP. The deal was finalized April 1 and is valued at about $150 million.
Finalized
Articles from Finalized
Nipsco Finalizes TPC Acquisition
Nipsco Industries Inc. said subsidiary Energy USA Inc. completedits acquisition of TPC Corp., including its 66% interest in MarketHub Partners LP. The deal was finalized April 1 and is valued atabout $150 million.
Coast Energy Buys Trading Assets of ERI Canada
Coast Energy Canada Inc., a wholly owned subsidiary ofCornerstone Propane Partners L.P., finalized the purchase of thegas trading assets of ERI (Equitable Resources) Canada Ltd.,effective Dec. 31. Terms of the acquisition were not disclosed.
Ultramar, Koch Combine Midstream Assets
Seeking greater efficiency in operations, Ultramar DiamondShamrock Corp. (UDS) and a division and two subsidiaries of KochIndustries finalized a joint venture to combine the companies’ gasliquids and petrochemicals operations in Mont Belvieu, TX.