DALLAS—Energy Transfer LP announced Aug. 16 the completion of the sale of its 51% interest in Energy Transfer Canada ULC to a joint venture which includes Pembina Pipeline Corp. and global infrastructure funds managed by KKR.
The sale of these assets allows Energy Transfer to further deleverage its balance sheet and redeploy capital within its U.S. footprint, which consists of a portfolio of energy assets with exceptional geographic and product diversity.
Recommended Reading
Scout Taps Trades, Farm-Outs, M&A for Uinta Basin Growth
2024-11-27 - With M&A activity all around its Utah asset, private producer Scout Energy Partners aims to grow larger in the emerging Uinta horizontal play.
E&P Consolidation Ripples Through Energy Finance Providers
2024-11-27 - Panel: The pool of financial companies catering to oil and gas companies has shrunk along with the number of E&Ps.
Utica Oil E&P Infinity Natural Resources’ IPO Gains 7 More Bankers
2024-11-27 - Infinity Natural Resources’ IPO is expected to provide a first-look at the public market’s valuation of the Utica oil play.
Exclusive: Trump Poised to Scrap Most Biden Climate Policies
2024-11-27 - From methane regulations and the LNG pause to scuttling environmental justice considerations, President-elect Donald Trump is likely to roll back Biden era energy policies, said Stephanie Noble, partner at Vinson & Elkins.
FERC Gives KMI Approval on $72MM Gulf Coast Expansion Project
2024-11-27 - Kinder Morgan’s Texas-Louisiana upgrade will add 467 MMcf/d in natural gas capacity.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.