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Kinder Morgan Inc.'s (KMI) $1.8 billion purchase of NextEra Energy Partner's (NEP) South Texas pipeline assets was motivated by a need to keep pace with an expanding natural gas market. "KMI is implying some growth in 2024 and forward year's EBITDA, likely from the midstream assets where it is also likely to generate synergies," Sunil Sibal, senior analyst for Seaport Research
About NextEra Energy NextEra Energy, Inc. (NYSE: NEE) is a leading clean energy company headquartered in Juno Beach, Florida. NextEra Energy owns Florida Power & Light Company, which is America's largest electric utility that sells more power than any other utility, providing clean, affordable, reliable electricity to approximately 5.9 million customer accounts, or more than 12 million
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