Phillips 66, Kinder Morgan And HF Sinclair Announce Final Investment Decision For Western Gateway Pipeline
PSX•Western Gateway Pipeline reaches final investment decision
Aug. 11 (Reuters) - HF Sinclair Corporation DINO.N:
- Phillips 66, Kinder Morgan and HF Sinclair announce final investment decision for Western Gateway Pipeline
- Phillips 66 - to own 49.9%, Kinder Morgan 35.1%, HF Sinclair 15% of pipeline system
- Phillips 66 - project enterprise value about $5 billion
- Phillips 66 - Western Gateway project targets completion in 2029
- Phillips 66 - Kinder Morgan to contribute $250 million, Phillips 66 $2.50 billion, HF Sinclair $750 million in cash
Source text: ID:nBw2cJtxHa
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