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Kinder Morgan to buy Stagecoach Gas Services for $1.23 billion

Stock Markets20 minutes ago (Jun 01, 2021 09:30AM ET)

(C) Reuters. FILE PHOTO: The headquarters of U.S. energy exporter and pipeline operator Kinder Morgan Inc. is seen in Houston, Texas, U.S. September 27, 2020. REUTERS/Gary McWilliams/File Photo

(Reuters) – Pipeline operator Kinder Morgan Inc (NYSE:KMI) said on Tuesday it has agreed to buy Stagecoach Gas Services LLC, a natural gas pipeline and storage joint venture between Consolidated Edison Inc (NYSE:ED) and Crestwood Equity (NYSE:CEQP) Partners LP, for $1.23 billion.

Kinder Morgan to buy Stagecoach Gas Services for $1.23 billion

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