Your Portal for Key Energy Information and Research

Meade Pipeline Co

Company Summary

Description

Co-owner of the Central Penn Line, the greenfield pipeline segment of the Atlantic Sunrise project. 

Competitors

Recent news

  • 11/18/2019 - Cabot Repurchases 5.0... (subscriber access)
  • 11/18/2019 - Cabot Completes Sale of... (subscriber access)
  • 10/22/2019 - Ares Management Sells... (subscriber access)
  • 9/30/2019 - NextEra Energy Partners... (subscriber access)
  • 9/30/2019 - Cabot Oil & Gas Sells... (subscriber access)

Company Transactions

Date: 12/30/2019
Type: Acquisition

BUYERS:
  • NextEra Energy Partners, LP
    • SELLERS:
  • Ares Management, L.P
  • Meade Pipeline Co
    • DETAILS:

    VOLUMES: 22.5 Percent

    NOTES:
    Ares Management sold its 22.5% ownership interest in Meade Pipeline to NextEra Energy Partners for roughly $286 million.
    REGIONS:
  • Appalachia

    • Date: 11/13/2019
    Type: Acquisition

    BUYERS:
  • NextEra Energy Partners, LP
    • SELLERS:
  • Coterra Energy Inc.
  • Meade Pipeline Co
    • PROJECTS:
  • Atlantic Sunrise Pipeline
    • DETAILS:

    COST: 256 $MM

    VOLUMES: 20 Percent

    NOTES:
    Cabot Oil & Gas reached an agreement to sell its 20% ownership interest in Meade Pipeline to NextEra Energy Partners. Meade owns roughly 39% of the Central Penn Line, the greenfield pipeline segment of the Atlantic Sunrise project.