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Home / Top News / Kayne Anderson NextGen Energy & Infrastructure Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at January 31, 2021
Kayne Anderson NextGen Energy & Infrastructure Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at January 31, 2021
HOUSTON, Feb. 01, 2021 (GLOBE NEWSWIRE) Kayne Anderson NextGen Energy & Infrastructure, Inc. (the “Fund”) (NYSE: KMF) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of January 31, 2021.
As of January 31, 2021, the Fund’s net assets were $366 million and its net asset value per share was $7.74. As of January 31, 2021, the Fund’s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 469% and the Fund’s asset coverage rat
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by Bloomberg
|Friday, January 29, 2021
Pipeline firms are launching projects to blend small portions of hydrogen into their existing networks to see how the equipment behaves.
(Bloomberg) Three million miles of natural gas pipelines criss-cross the U.S., and the fight against climate change could render them all obsolete.
The last two weeks alone illustrate the stakes. President Joe Biden canceled the permit for the $9 billion Keystone XL oil pipeline on his first day in office, a clear signal any new fossil fuel pipeline project in the U.S. will face long odds. His climate envoy, former Secretary of State John Kerry, warned that natural gas pipelines could become “stranded assets” within 30 years as the administration seeks to end carbon emissions from power plants. And NextEra Energy Inc. wrote off $1.2 billion of its investment in the Mountain Valley gas pipeline from West Virginia to Virginia, which has been tied up in regulatory and legal delays.
Pipeline owners look to hydrogen as natural gas comes under attack By David R Baker, Vanessa Dezem and Gerson Freitas Jr on 1/29/2021
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(Bloomberg) Three million miles of natural gas pipelines criss-cross the U.S., and the fight against climate change could render them all obsolete.
The last two weeks alone illustrate the stakes. President Joe Biden canceled the permit for the $9 billion Keystone XL oil pipeline on his first day in office, a clear signal any new fossil fuel pipeline project in the U.S. will face long odds. His climate envoy, former Secretary of State John Kerry, warned that natural gas pipelines could become âstranded assetsâ within 30 years as the administration seeks to end carbon emissions from power plants. And NextEra Energy Inc. wrote off $1.2 billion of its investment in the Mountain Valley gas pipeline from West Virginia to Virginia, which has been tied up in regulatory and legal delays.