Kinder Morgan buying Stagecoach Gas Services

Mike Brezonick

June 02, 2021

Kinder Morgan, Inc. (KMI) announced that it has agreed to acquire Stagecoach Gas Services LLC, a natural gas pipeline and storage joint venture between Consolidated Edison, Inc. and Crestwood Equity Partners LP. The purchase price is $1.225 billion, which is expected to be immediately accretive to its shareholders, Kinder Morgan…

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