Plains All American Pipeline to Spend $1.85 Billion on Capital Growth Projects This Year

SUGAR LAND--February 6, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Plains All American Pipeline LP (NYSE:PAA) (PAA) (Houston, Texas) and Plains GP Holdings (NYSE:PAGP) (Houston) plan to spend $1.85 billion on capital growth projects this year, compared with $2 billion in organic growth investments for 2014, company executives said Thursday. Maintenance capital expenditures in 2015 are expected to run from $205 million to $225 million. Industrial Info is tracking 49 active PAA projects worth $2.19 billion.

Within this article: Earnings results and 2015 guidance for Plains All American Pipeline and Plains GP Holdings, and 2015 capex guidance for Spectra Energy Corp (NYSE:SE) and Spectra Energy Partners (NYSE:SEP), including projects being tracked by Industrial Info.

Other companies featured: Enterprise Products Partners LP (NYSE:EPD), Willbros Engineering (NYSE:WG)