New Jersey Resources Unit NJR Midstream to Buy Miss. Gas Storage Facility
05 Settembre 2019 - 11:51PM
Dow Jones News
By Josh Beckerman
New Jersey Resources Corp. (NJR) unit NJR Midstream has agreed
to buy Mississippi natural gas storage facility Leaf River Energy
Center LLC from Macquarie Infrastructure Partners for $367.5
million, subject to certain conditions.
Leaf River consists of three salt dome caverns with a combined
capacity of 32.2 million dekatherms. Macquarie bought Leaf River in
late 2012 from NGS Energy LP.
NJR Midstream has 50% stake in Pennsylvania gas storage facility
Steckman Ridge.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
September 05, 2019 17:36 ET (21:36 GMT)
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