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Kinder Morgan Energy Partners LP Completes Acquisition of 100% of Tennessee Gas Pipeline and 50% of El Paso Natural Gas Pipeline

Monday, 13 Aug 2012 04:35pm EDT 

Kinder Morgan Energy Partners LP announced it has completed its previously announced acquisition of 100% of Tennessee Gas Pipeline (TGP) and a 50% interest in El Paso Natural Gas (EPNG) pipeline from Kinder Morgan, Inc. The approximately $6.22 billion transaction allows KMP to more than replace cash flow from certain assets it is divesting pursuant to an agreement KMI reached with the Federal Trade Commission in order to complete the El Paso Corporation acquisition. 

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