Kinder Morgan Inc - Ordinary Shares - Class P

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Kinder Morgan Announces Sale Of Equity Interests In Elba Liquefaction Company

Published: 09/27/2022 13:01 GMT
Kinder Morgan Inc - Ordinary Shares - Class P (KMI) - Kinder Morgan Announces Sale of Equity Interests in Elba Liquefaction Company.
Kinder Morgan Inc - Proposed Deal for Approximately $565 Million.
Kinder Morgan - Closed on Sale of 25.5% Equity Interest Out of Its Membership Interest in Elba Liquefaction Company, to Undisclosed Financial Buyer.
Kinder Morgan - Proceeds to Reduce Short-term Debt & Create Additional Capacity for Investments, Including Opportunistic Share Repurchases.
Kinder Morgan - Value of Equity Interest Implies Enterprise Value of About $2.3 Billion for Elc.
Kinder Morgan - Upon Closing, Co & Undisclosed Financial Buyer to Each Hold 25.5% Interest & Blackstone Credit to Continue to Hold 49% Interest in Elc.