Kinder Morgan Partners (KMP) will sell certain Rocky Mountains pipeline and infrastructure...

|About: Kinder Morgan Energy Partne... (KMP)|By:, SA News Editor

Kinder Morgan Partners (KMP) will sell certain Rocky Mountains pipeline and infrastructure assets to privately held Tallgrass Energy Partners for $1.8B in cash to secure regulatory approval for its $23B acquisition of El Paso. Including debt, the deal is valued at $3.3B.