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Best_man23

(5,127 posts)
1. And this is a primary reason why Carlyle Group Pushed to get Youngkin Elected
Tue May 3, 2022, 06:47 AM
May 2022

"For about seven years, the Mountain Valley Pipeline project has forged through a raft of legal challenges and regulatory hurdles that ultimately doomed several other projects in the region. The $6.2 billion, 304-mile natural gas pipeline system would span from northwestern West Virginia to southern Virginia. The line is more than 90% constructed, according to pipeline developers, with an aim of transporting Appalachian shale gas to the eastern U.S.—a cherished goal for the gas industry.

EQM Midstream Partners would operate the pipeline, and it owns a significant interest in the project."

https://news.bloomberglaw.com/environment-and-energy/mountain-valley-pipelines-up-and-down-legal-journey-explained

AND....Who has a financial interest in EQM and the Mountain Valley Pipeline???

"To fund the deal, EQM would issue $1.1 billion of series A convertible preferred units, expected to close at the same time as the deal closing, scheduled for or about April 15. The preferred units would be sold to funds managed by BlackRock Inc., GSO Capital Partners LP and Magnetar Capital Partners LP as lead investors; and Carlyle Group LP and Foundation Infrastructure Partners in connection with Neuberger Berman BD LLC Private Credit as supporting investors."

https://www.spglobal.com/marketintelligence/en/news-insights/trending/Uqyz7gI6gHcry4gZyIu9lQ2

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