Copano Energy

Copano Energy, L.L.C. is a national natural gas distributor and supplier in the U.S. The company operates over 6,800 miles of natural gas transmission pipelines, with 2.7 billion cubic feet of natural gas processing capability,[2] and 10 natural gas plants, with 1 billion cubic feet of natural gas processing capability.[1] The served areas of the company include many states including Texas, Oklahoma and Wyoming.[3]

Copano Energy, L.L.C.
TypePublic
Nasdaq: CPNO
Industrynatural gas
FounderJohn R. Eckel Jr.
Headquarters
Websitehttp://www.kindermorgan.com [1]

In 2013, the total assets of the company was acquired by Kinder Morgan Energy Partners, LP, (KMP) at the price of $5 billion.[2] On August 5, 2013, the company announced that it and its wholly owned subsidiary Copano Energy Finance Corporation would redeem for cash $178,500,000.[4] Driven by the acquisition of the Company as well as drop down assets that KMP acquired from parent company Kinder Morgan Inc in 2012, KMP's certain items rise to around $665 million.[5]

References

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