Kinetik betting $1 billion on New Mexico opportunities
Kinetik Holdings is making about $1 billion in acquisitions and divestitures to expand its New Mexico footprint
Source: mrt.com
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Kinetik Holdings is making about $1 billion in acquisitions and divestitures to expand its New Mexico footprint
Morgan Stanley (MS)-backed energy pipeline operator Durango Midstream is working with Greenhill & Co
Durango operates gas-gathering pipelines and processing plants in Kansas and New Mexico.
Increasing volumes of natural gas in Eddy County led the Eddy County Commission to approve $200M in bond sales for a new natural gas plant.
The first step of many was undertaken by Eddy County to issue $300M of industrial revenue bonds for a new gas plant near Carlsbad.