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Achieved first utility-scale power in-service for Socrates Phase 1 in under 18 months, validating the speed-to-market capability of the Power Innovation platform.
Acquired Momentum Midstream for $5.5 billion to solidify the company's position as the largest Haynesville gas gatherer connected to the Transco pipeline system.
Performance beat driven by strong results in the Gulf and Transmission and Gulf segment, which improved about 6%, led by the Gulf business which grew 23%. due to recent expansion projects.
Strategic financing JV with Blackstone provides $5.34 billion in committed capital at a capped 6.35% cost of equity, preserving balance sheet capacity for rapid power scaling.
#billion #socrates
Achieved first utility-scale power in-service for Socrates Phase 1 in under 18 months, validating the speed-to-market capability of the Power Innovation platform.
Acquired Momentum Midstream for $5.5 billion to solidify the company's position as the largest Haynesville gas gatherer connected to the Transco pipeline system.
Performance beat driven by strong results in the Gulf and Transmission and Gulf segment, which improved about 6%, led by the Gulf business which grew 23%. due to recent expansion projects.
Strategic financing JV with Blackstone provides $5.34 billion in committed capital at a capped 6.35% cost of equity, preserving balance sheet capacity for rapid power scaling.
#billion #socrates
23 hours ago
