Project Finance Law360 provides breaking news and analysis on high-impact project finance deals and attorneys involved. Coverage includes major industrial, infrastructure, and public service projects, as well as related litigation and policy developments.
Energy infrastructure giant Kinder Morgan Inc. has announced that its Canadian subsidiary has priced a C$1.75 billion ($1.3 billion) initial public offering, which the company said will fund its expansion of the Trans Mountain pipeline if successful.
Fairway Energy Partners LLC and Magellan Pipeline Company on Thursday asked a state district judge in Houston to toss, with prejudice, an antitrust lawsuit Fairway had brought against Magellan in February over access to its Houston crude oil distribution system, saying an agreement has been reached.
The Tenth Circuit on Friday backed a lower court ruling that a New Mexico utility can’t secure a path for a transmission line through property that is partly owned by the Navajo Nation, saying there's no language in federal law on rights of way that allows tribal lands to be condemned.
The state of Maryland on Thursday further pushed the D.C. Circuit to require a lower court to quickly resolve a lawsuit challenging a proposed $5.6 billion Purple Line rail extension, saying the project is currently in limbo.
Two more industry groups have asked an Oregon district court to remove them from the federal government’s bid to certify questions for appellate review in a youth-driven climate change suit, a move that comes after a magistrate judge recommended the Ninth Circuit not take the case.