El Paso Pipeline to buy shares from energy companies for $810M

03/25/2010 | Bloomberg Businessweek

El Paso Pipeline Partners seeks to spend $810 million to purchase a 51% stake each in Southern LNG and El Paso Elba Express. Southern has a liquefied natural gas terminal in Georgia, and El Paso Elba Express owns a 190-mile gas pipeline that can carry 945 million cubic feet of gas daily.

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