Kinder Morgan to buy more refined products terminals

Kinder Morgan will fully own seven and jointly own two of the facilities, which will generate fee-based income for the company’s products pipelines business. The Houston-based company has now announced $320 million in acquisitions in 2004.

Kinder Morgan said it plans to invest a further $2 million over the next two years to upgrade the terminals, which are located in North Carolina, South Carolina, Virginia and Georgia.

Including this deal, the company has invested $145 million to buy 23

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: