Peabody Energy (BTU +0.4%) enters an agreement with Kinder Morgan Partners (KMP) to expand the...

|About: Peabody Energy Corp. (BTUUQ)|By:, SA News Editor

Peabody Energy (BTU +0.4%) enters an agreement with Kinder Morgan Partners (KMP) to expand the Gulf Coast coal-export platform for BTU's Colorado, Powder River Basin and Illinois Basin coal products. The additional access could increase BTU's Gulf coal export capacity by 5M-7M tons/year starting in 2014, and will allow increased service to its international customer base.