Kinder Morgan Inc. (
KMI – Free Report) , a leading energy infrastructure firm, announced that its subsidiary, Hiland Partners Holdings LLC, has signed an agreement to acquire a natural gas gathering and processing system in North Dakota. The natural gas assets will be acquired from Outrigger Energy II LLC for a total price of $640 million. The deal is anticipated to conclude in the first quarter of 2025.
Key Assets Included in the Deal…