NextEra Energy Partners LP, a subsidiary of Juno Beach-based NextEra Energy (NYSE: NEE), has reached a $1.37 billion agreement to acquire Meade Pipeline Co. and its interests in Central Penn Line, according to a Sept. 30 press release.
In a separate press release, Houston-based Cabot Oil & Gas Corp. (NYSE: COG) said it would sell its 20 percent ownership interest in Meade Pipeline to NextEra Energy Partners for $256 million. BMO Capital Markets served as financial adviser to Cabot on the deal.
Meade…
