Inergy To Buy Natural Gas Storage Facility For $725M
Kansas City, Mo.-based Inergy said Tuesday that its Inergy Midstream LLC subsidiary would buy Tres Palacios from NGS Energy LP for $725 million plus reimbursement of certain capital expenditures. Inergy hopes to close the transaction within 60 days, it said.
"The facility adds to Inergy's portfolio of valuable natural gas...
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