Black Hills Corp. Buys MGTC Pipeline In Wyoming
by Associated Press
January 09, 2014 7:11 PM
Black Hills Corp. says it's buying 400 miles of natural gas pipeline from MGTC Inc., a certificated Wyoming public gas utility and an indirect, wholly owned subsidiary of Anadarko Petroleum Corp.
Rapid City-based Black Hills will pay $6 million for the system that serves about 400 customers in northeast Wyoming.
It will operate the line as a separate division of Cheyenne Light, Fuel & Power, the corporation's electric and natural gas utility in Cheyenne, Wyo., under the name Black Hills Energy.