Kinder Morgan Financial Measures and CO2 Segment Analysis slide image

Kinder Morgan Financial Measures and CO2 Segment Analysis

$1,225 million Acquisition of Northeast Transport & Storage Assets Enhancing our service to Northeast customers with complementary assets connected to TGP KMI acquired Stagecoach Gas Services ~10x 2020 EBITDA before synergies Immediately accretive, primarily paid with cash on hand Transaction closed in 3Q 2021(a) Twin Tier pipeline expected to close in 4Q 2021 FERC-regulated natural gas transport & storage in NY & PA ~41 bcf of FERC-certificated capacity across 4 storage facilities ~3 bcfd of aggregate capacity across 185 miles of transportation pipelines Multiple interconnects to major interstate natural gas pipelines including TGP, Transco, Millennium, Dominion Stable, fee-based infrastructure FERC-regulated assets Highly contracted with ~80% take-or-pay (b) Dominion Dominion Dominion Steuben TGP Dominion Dominion TGP Thomas Corners Transco New York Seneca Lake TGP Pennsylvania Dominion Millennium KINDER MORGAN Marc I Twin Tier North/ South Stagecoach- Average contract tenor ~3 years Anchored by major Northeast utilities and Marcellus producers Dominion Market based rates for storage facilities Transco Responsive storage is Helps backstop growing increasingly important: renewable power generation Helps meet critical needs in extreme weather a) Vast majority of assets closed in 3Q 2021, with remaining Twin Tier pipeline ($30 million) expected to close in 4Q 2021 b) Based on FY 2021 forecast. 3
View entire presentation