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EQT Corp, EQT Midstream Partners LP and NextEra Energy Inc's subsidiary signs letter of intent


Thursday, 12 Jun 2014 08:07am EDT 

EQT Corp:Says NextEra US Gas Assets LLCan indirect subsidiary of NextEra Energy Inc commences of a non-binding open season for the Mountain Valley Pipeline project, which is expected to connect Marcellus and Utica natural gas supply to demand markets in the Southeast region of the United States.The companies also says the signing of a letter of intent to form a joint venture that is expected to construct and own the Mountain Valley Pipeline.Under the letter of intent, EQT is expected to, through one or more of its affiliates, including EQT Midstream Partners LP, operate the pipeline and own a majority interest in the joint venture. 

Company Quote

109.29
1.31 +1.21%
26 Dec 2014