Kinder Morgan sells half of its stake in LNG facility in Georgia for about $565-million

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Kinder Morgan sells half of its stake in LNG facility in Georgia for about $565-million
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The U.S. pipeline operator said it would use the funds to pay short-term debt and buy back shares

said it had sold half its stake in a liquefied natural gas facility in Georgia to an undisclosed buyer for about $565-million, and would use the funds to pay short-term debt and buy back shares.

“Recent geopolitical events have proven how critical infrastructure is to meeting global energy demand,” said Kimberly Watson, Kinder Morgan’s Interstate Natural Gas President.

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