Spectra Wraps Big Sandy Acquisition
Posted on July 05, 2011 at 14:03 PM EDT
A master limited partnership by Spectra Energy Corp. (NYSE:SE), Spectra Energy Partners, LP (NYSE:SEP), closed its previously announced acquisition agreement with EQT Corp. (NYSE:EQT) for a total consideration of $390 million. The acquired assets comprise a 70-mile regulated natural gas pipeline system –– Big Sandy Pipeline –– in eastern Kentucky. With a daily capacity of [...]