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Stagecoach Group PLC

Company Summary

Financial Data:


Tickers:

  • SGC - London Stock Exchange Group

Recent news

  • 7/12/2021 - Kinder Morgan Closes on... (subscriber access)
  • 6/1/2021 - Kinder Morgan Acquiring... (subscriber access)

Company Transactions

Date: 7/12/2021
Type: Acquisition

BUYERS:
  • Kinder Morgan, Inc.
    • SELLERS:
  • Stagecoach Group PLC
  • Consolidated Edison Inc
  • Crestwood Equity Partners LP
    • ASSETS:
  • Stagecoach Natural Gas Storage Facility
  • Steuben Gas Storage Company
  • Seneca Lake Gas Storage
  • Thomas Corners Gas Storage
  • Marc I Pipeline
    • DETAILS:

    COST: 1.225 $B

    VOLUMES: 41 Bcf

    NOTES:
    Kinder Morgan has signed a deal with Consolidated Edison and Crestwood Equity to acquire their joint-venture Stagecoach Gas Services for $1.225 billion. The deal includes four gas storage facilities with 41 Bcf in working gas capacity and 185-miles of gas pipelines.
    REGIONS:
  • Northeast