Thursday, January 30, 2025

Atlantic Coast Pipeline Files to Build $5 Billion Pipeline

20-year contracts already set for 96% of capacity Atlantic Coast Pipeline LLC (ACP), a joint venture between Dominion Resources (ticker: D), Duke Energy (ticker: DUK), Piedmont Natural Gas (ticker: PNY) and AGL Resources (ticker: GAS), filed with the Federal Energy Regulatory Commission (FERC) for the construction of its 564-mile pipeline that would supply natural gas to Virginia and North Carolina.

American Midstream Closes Acquisition of Delta House Interest and Increases Revolving Credit Facility by 50% to $750 Million

American Midstream Partners, LP (AMID) (“Partnership”) announced today that it closed the acquisition of a minority interest in Delta House from an affiliate of ArcLight Capital Partners, LLC (“ArcLight”), which controls the general partner of the Partnership. The Partnership acquired 25 percent of ArcLight’s 51.7 percent controlling interest in Delta House, a fee-based, semi-submersible floating production system (FPS) and associated