June 2013, Vol. 240, No. 6

In The News

KMP Completes Copano Energy Acquisition

Kinder Morgan Energy Partners (KMP) LP closed its acquisition of Houston-based Copano Energy LLC. KMP has acquired all of Copano’s outstanding units for about $5 billion, including debt assumption.

With operations primarily in Texas, Oklahoma and Wyoming, Copano provides comprehensive services to natural gas producers, including gathering, processing, treating and liquids fractionation. It owns an interest in or operates almost 7,000 miles of pipelines with 2.7 Bcf/d of natural gas throughput capacity, and nine processing plants with more than 1 Bcf/d of processing capacity and 315 MMcf/d of treating capacity.