Natural Gas Utilities

Page 1

ONEOK Partners LP completes acquisition of natural gas liquids assets

Monday, 1 Dec 2014 04:05pm EST

ONEOK Partners LP:Has completed acquisition of natural gas liquids (NGL) pipelines and related assets from affiliates of Chevron Corporation.Says acquisition for about $800 mln.ONEOK partners now owns an 80 pct interest in West Texas LPG Pipeline Ltd Partnership.

Tianjin Jinran Public Utilities Co Ltd enters purchase and sale agreement

Thursday, 27 Nov 2014 08:44am EST

Tianjin Jinran Public Utilities Co Ltd:Says on Nov. 27, the company entered into a Purchase and Sales Agreement with Tianjin Yumin, pursuant to which Tianjin Yumin agreed to sell and the company agreed to purchase 20,000 gas meters at an aggregate purchase price of 7,000,000 Yuan.

Proposes combination of CitySpring Infrastructure Trust and Keppel Infrastructure Trust

Tuesday, 18 Nov 2014 04:55am EST

CitySpring Infrastructure Trust:CitySpring Infrastructure Management Pte. Ltd. (CSIM), as trustee-manager of CitySpring Infrastructure Trust (CIT), agrees to combine CIT with Keppel Infrastructure Trust (KIT).KIT also agreed to acquire a 51 pct stake in Keppel Merlimau Cogen Pte Ltd (KMC), which owns a 1,300 mega watt combined cycle gas turbine generation facility on Jurong Island, Singapore.Says for a cash consideration of S$510 mln based on an enterprise valuation of S$1,700 mln.The KMC acquisition forms an integral part of the combination.Immediately after combination, but before proposed equity fund raising exercise to finance the KMC acquisition, the combined trust will be owned 53.4 pct and 46.6 pct by CIT and KIT unitholders, respectively.Keppel Corporation Limited through wholly-owned subsidiary, Keppel Infrastructure Holdings Pte. Ltd. (KI), will become unitholder with about 22.9 pct of combined trust, and.Says Temasek Holdings (Private) Limited through wholly-owned subsidiaries, will become second unitholder with about 19.97 pct of Combined Trust.

Markets

  • Sectors
  • U.S.
  • Europe
  • Asia

Sector Summary

Analyst Research

Report Title Price
Provider: GlobalData
$125.00
Provider: GlobalData
$125.00
Provider: GlobalData
$125.00
Provider: Wright Reports
$35.00
Provider: Wright Reports
$75.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.