Kinder Morgan

History

YearDetail
1997 A group of investors, led by Executive Chairman Richard D. Kinder and former Vice Chairman William V. Morgan, joined forces to establish Kinder Morgan Energy Partners (KMP).
2005 The company purchases Terasen Inc. for approximately $5.6 billion to broaden its footprint in Canada and gain access to the oilsands through the Trans Mountain Pipeline.
2012 KMI acquired El Paso Corp. for approximately $38 billion, making it one of the largest midstream energy companies and natural gas network operators in North America. As part of the transaction, Kinder Morgan adds a fourth publicly traded entity to its family of companies – El Paso Pipeline Partners L.P.
2013 The company acquired Copano Energy for approximately $5 billion, which enables it to significantly expand its midstream services footprint and offer a wider array of services to its customers.
2023 KMI acquired NextEra Energy Partners’ South Texas assets (STX Midstream) for approximately $1.815 billion to serve the growing LNG, industrial, Mexico export, and power generation demand markets on the U.S. Gulf Coast.
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