Made By Farm and Dairy

Energy Transfer Partners to acquire Regency Energy

Monday, January 26, 2015 by

0 Comments

Dallas-based Energy Transfer Partners LP has plans to buy a pipeline company that it controls, Regency Energy Partners LP. Bloomberg Businessweek reports that this business acquisition will make Energy Transfer the second-largest master-limited partnership.

Recently, Regency decided that it needed more diversification in order to continue growing. Energy Transfer already owns about 22 percent of Regency through publicly traded units. Regency is estimated to be worth $11 billion.

Altogether, Energy Transfer’s companies own about 71,000 miles of pipeline. In the near future, Energy Transfer intends to become more active in the Marcellus Shale.

Via: Bloomberg Businessweek > Energy Transfer to Buy Regency Energy in $11 Billion Deal

Subscribe to our mailing list

Get exclusive headlines from ShaleGasReporter.com emailed once a week (every Wednesday morning).

It's Free!

Leave a Comment

About Shale Gas Reporter

Farm and Dairy, a weekly newspaper located in Salem, Ohio, has been reporting on topics that interest farmers and landowners since 1914. Through the Shale Gas Reporter, we are dedicated to giving our readers unbiased and reliable information on shale gas development.

© Copyright 2024 - Farm and Dairy