STX Midstream

KMI Cements Eagle Ford Natural Gas Midstream Deal with NextEra

KMI Cements Eagle Ford Natural Gas Midstream Deal with NextEra

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…

January 2, 2024
Kinder Morgan Adding Nearly 5 Bcf/d of South Texas Natural Gas Capacity in $1.8B Deal with NextEra

Kinder Morgan Adding Nearly 5 Bcf/d of South Texas Natural Gas Capacity in $1.8B Deal with NextEra

Kinder Morgan Inc. (KMI) has agreed to acquire NextEra Energy Partners LP’s South Texas natural gas business, South Texas Midstream LLC (STX Midstream), for $1.8 billion. The STX Midstream system comprises 462 miles of natural gas pipelines with 4.9 Bcf/d of transport capacity connecting the Eagle Ford Shale with growing demand in Mexico and along…

November 7, 2023