Texas Midstream News Today

NextEra Energy Partners performed at a loss but posted $112 million in net income for the fourth quarter thanks to holdovers from discontinued operations.

Kinder Morgan saw higher interest expenses and sustaining capital expenditure offset higher activity.

Kinder Morgan completed the purchase of NextEra Energy Partners gas pipeline system in South Texas, in a transaction worth $1.82 billion.

Kinder Morgan plans to invest $2.3 billion in capital next year, projecting a five percent growth in EBITDA.

NextEra Energy Partners is selling STX Midstream for $1.82 billion.

Kinder Morgan Inc. (KMI) has agreed to acquire NextEra Energy Partners LP’s South Texas natural gas business, South Texas Midstream LLC (STX Midstream),

NextEra Energy Partners seeks to capitalize on the transition to clean energy.