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Entergy, Kinder Morgan, Xcel Energy: Your Daily Energy News

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Released on Tuesday, April 07, 2020
News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.

POWER
Entergy's Lake Charles Power Station Substantially Completed
-- Engineering, procurement and construction firm McDermott International (NYSE:MDR) announced that it has substantially completed Entergy's (NYSE:ETR) Lake Charles Power Station in Louisiana, a 994-megawatt combined-cycle facility. (Project 300298712) (PR Newswire)

Xcel Energy to Sell Mankato Energy Center - Xcel Energy (NASDAQ:XEL) announced it will sell the Mankato Energy Center, a natural gas-fired power plant in Minnesota, to Denver-based Southwest Generation for $680 million, and plans to use the net gain on the sale to fund its corporate giving efforts, including support related to COVID-19 recovery. The 760-megawatt plant will continue to provide electricity to the company's Upper Midwest customers. Xcel bought the plant in January. (Plant 1060412) (Business Wire)

PIPELINES
Accident Causes Kinder Morgan to Suspend Construction of Texas Pipeline
- Kinder Morgan (NYSE:KMI) has suspended construction on one segment of its Permian Highway natural gas pipeline after a drilling accident allegedly sent a mixture of clay and water into nearby wells. "At this time, drilling operations have been suspended while the team evaluates the cause of the loss and determines the best path forward," company officials said. (Project 300468517) (Houston Chronicle)

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About IIR Energy
Energy asset information on power plants, oil refineries and natural gas infrastructure is now more important than ever. A unit of Industrial Info Resources, IIR Energy provides infrastructure information on these assets, as well as real-time tracking of planned and unplanned interruptions affecting the trading, logistics and marketing communities. We are the number one source for information about electricity outages, refinery turnarounds and midstream natural gas disruptions.

About Industrial Info
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
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