Registration

Kinder Morgan Energy Partners LP (KMP) has agreed to acquire SouthTex Treaters, a manufacturer, designer and fabricator of natural gas treating plants that remove carbon dioxide and hydrogen sulfide, for about $155 million. The manufactured amine plants range in size from five to 1,200 gallons per minute of treating capacity. Kinder Morgan Treating, a subsidiary of KMP, is a large provider of contract-operated treating and hydrocarbon dew point conditioning plants. “This acquisition will enable us to provide large amine plants for centralized treating facilities, which are often needed in the rapidly developing shale plays,” said Bill Stokes, vice president of Kinder Morgan Treating. “We will also be able to replenish our already large inventory of amine plants and offer our customers even more flexibility for their treating needs.” Closing is expected during the fourth quarter.

El Paso Corp. subsidiary El Paso Pipeline Partners LP filed a registration statement with the Securities and Exchange Commission for an initial public offering of common units, the company said Friday.

El Paso Corp. subsidiary El Paso Pipeline Partners LP filed a registration statement with the Securities and Exchange Commission for an initial public offering of common units, the company said Friday.

IntercontinentalExchange (ICE) filed a registration statement on Form S-1 with the Securities and Exchange Commission for an initial public offering of common stock. The shares of common stock to be sold in the offering are expected to be offered by IntercontinentalExchange and by existing ICE shareholders. The lead underwriters of the offering are Morgan Stanley and Goldman, Sachs & Co. When available, a preliminary prospectus relating to the proposed offering may be obtained from Morgan Stanley, 1585 Broadway, New York, NY, 10036, Attn: Prospectus Department, or from Goldman, Sachs & Co., 85 Broad Street, New York, NY, 10004, Attn: Prospectus Department. ICE operates a global electronic marketplace on the Internet for the trading of energy commodity futures and over the counter contracts. ICE conducts its markets for futures trading through its subsidiary, the International Petroleum Exchange (IPE).

Atlantic-based IntercontinentalExchange (ICE) has announced plans to conduct an initial public offering of its common stock. It plans to file a registration statement with Securities and Exchange Commission in the next several weeks. ICE operates an online exchange for trading natural gas, crude oil and power futures and over-the-counter energy products. ICE conducts its markets for futures trading through its subsidiary, London-based International Petroleum Exchange (IPE), Europe’s leading energy futures and options exchange. ICE also announced its 2004 financial results on Wednesday, reporting revenues of $108.4 million and consolidated net income of $22 million. Consolidated cash flow from operations was $40.3 million. Capital expenditures and capitalized software in 2004 totaled $6.5 million. For 2004, volume traded on ICE’s futures subsidiary, the International Petroleum Exchange (IPE), reached 35.5 million contracts. Electronically traded IPE Brent volume increased from 2.8% of total contract volume in January 2004 to 27.2% of total contract volume in December 2004. For more information, go to www.theinterchange.com.

Atlantic-based IntercontinentalExchange (ICE) said late Wednesday that it plans to conduct an initial public offering of its common stock. It plans to file a registration statement with Securities and Exchange Commission in the next several weeks. ICE operates an online exchange for trading natural gas, crude oil and power futures and over-the-counter energy products. ICE conducts its markets for futures trading through its subsidiary, London-based International Petroleum Exchange (IPE), Europe’s leading energy futures and options exchange. ICE also announced its 2004 financial results on Wednesday, reporting revenues of $108.4 million and consolidated net income of $22 million. Consolidated cash flow from operations was $40.3 million. Capital expenditures and capitalized software in 2004 totaled $6.5 million. For 2004, volume traded on ICE’s futures subsidiary, the International Petroleum Exchange (IPE), reached 35.5 million contracts. Electronically traded IPE Brent volume increased from 2.8% of total contract volume in January 2004 to 27.2% of total contract volume in December 2004. For more information, go to www.theinterchange.com.

While surplus capacity in the Midwest is likely to continue the trend of low wholesale power prices in the region for the next several years, those prices will likely see a sharp upward turn by 2007 as excess capacity starts to be worked off, a new report issued last Tuesday by Henwood concludes.

Dynegy Inc. has filed a registration statement on Form S-1 with the Securities and Exchange Commission (SEC) concerning a proposed underwritten initial public offering of 8.8 million common units in Dynegy Energy Partners LP, a Delaware limited partnership that has been formed to own and operate a portion of Dynegy’s large natural gas liquids business.

Reliant Energy said its subsidiary Reliant Resources, Inc., whichincludes all of its unregulated energy operations, has filed aregistration statement with the Securities and Exchange Commission foran initial public offering of common stock. The IPO was announced inJuly as part of a corporate reorganization plan designed to separatethe company’s regulated and unregulated businesses into two publiclytraded companies (see Daily GPI, July28).