NextEra Sells Houston Natgas Pipeline to ARM Energy for $203 Million
Transaction Type
Sellers
Buyers
Basin
Texas Gulf Coast
Announce Date
Post Date
Close Date
Estimated Price
$203.0MM
Description
Bought Monument Pipeline LP, a Houston-based natural gas transportation system with approximately 156 miles of pipeline originating at the Katy Hub, with connections to the Houston Ship Channel, La Porte and League City market areas plus servicing several residential city gates of the Greater Houston metroplex.