NextEra Energy wraps up $1.8bn sale of natural gas pipeline portfolio to Kinder Morgan

NextEra Energy wraps up $1.8bn sale of natural gas pipeline portfolio to Kinder Morgan

NextEra Energy Partners, LP (NYSE: NEP) has officially closed a major deal in the energy sector, selling its Texas natural gas pipeline portfolio to Kinder Morgan, Inc. (NYSE: KMI) for a staggering $1.815 billion. This transaction marks a pivotal moment in NextEra Energy Partners’ business strategy. John Ketchum, chairman and chief executive officer of NextEra […]