Kinder Morgan starts talks with investors for $6.8 bln pipeline project: Reuters
Kinder Morgan Inc has begun talks with investors, including major Canadian pension funds and private equity firms, to raise capital for the $6.8 billion expansion of its Trans Mountain pipeline project, Reuters reported. Kinder Morgan has held discussions with Canada Pension Plan Investment Board, Caisse de dépôt et placement du Québec and Ontario Teachers' Pension Plan Board, the sources said. Kinder Morgan has owned the pipeline since 2005 when it bought Canada's Terasen Inc. The expansion project will make Trans Mountain one of the biggest pipelines in North America.
17 February 2017•2 mins read
