Korean Institutional Investor Group Acquires 50% Stake in Utopia Pipeline

Posted on 11/27/2019

Shinhan Investment Corporation, EIP Investment Co., Ltd., Samtan Co., Ltd., and KDB KIAMCO formed an investor group to acquire a 50% ownership interest in the Utopia Pipeline from investment funds affiliated with Riverstone Holdings LLC. Originating in Harrison County, Ohio and delivering to the Sarnia petrochemical market in Ontario, Canada, Utopia is a recently-constructed 268-mile […]

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