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Energy transfer, heritage deal adds natural gas operations.(Tulsa, Oklahoma)(U.S. Propane LLC acquisition by affiliates of Energy Transfer )
From:
LP/Gas
| Date:
December 1, 2003
| COPYRIGHT 2003 Advanstar Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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A deal between Heritage Propane Partners and Energy Transfer Co. allows affiliates of Energy Transfer to buy U.S. Propane LP--Heritage's general partner--and U.S. Propane LLC. Meanwhile, Heritage will add Energy Transfer's natural gas midstream operations to its portfolio.
U.S. Propane LLC is owned by subsidiaries of AGL Resources, Atmos Energy Corp., TECO Energy Inc. and Piedmont Natural Gas Co. Inc.
The $980 million natural gas operations deal calls for Heri...
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Energy transfer, heritage deal adds natural gas operations.(Tulsa, Oklahoma)(U.S. Propane LLC acquisition by affiliates of Energy Transfer )
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; A deal between Heritage Propane Partners and Energy Transfer Co. allows affiliates of Energy Transfer to buy U.S. Propane LP--Heritage's general partner--and U.S. Propane LLC. Meanwhile, Heritage will add Energy Transfer's natural gas midstream operations to its portfolio. U.S. Propane LLC is owned
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Tulsa-based Heritage Propane Partners plans Energy Transfer merger
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; Heritage Propane Partners of Tulsa has entered a merger agreement with Energy Transfer Co. in a deal valued at $980 million. This will create a diversified master limited partnership by adding natural gas midstream operations to Heritage's existing retail propane operations, the firm said Friday.
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