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Ares Management to sell Meade Pipeline stake to NextEra Energy Partners

Ares Management to sell Meade Pipeline stake to NextEra Energy Partners

Ares Management Corporation said that a fund managed by its Infrastructure and Power strategy has signed a deal worth around $286 million to sell its 22.5% stake in the Meade Pipeline to a subsidiary of NextEra Energy Partners. Meade Pipeline holds nearly 39% stake in the 185-mile long Central Penn Line, a natural gas pipeline […]