First Reserve Pours $100M into JV

First Reserve Corp. is pouring $100 million into a joint venture with Energy Corp. of America, focused on energy infrastructure in the Marcellus shale region, Reuters reported Tuesday. First Reserve will hold a 50% stake in the two natural gas gathering systems in Pennsylvania. First Reserve is making the investment through its $1.2 billion infrastructure fund.

11 October 2011•3 mins read
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