SOURCE: Industrial Info Resources

Industrial Info Resources

May 11, 2011 06:30 ET

Inergy's Midstream Assets Perform Well, Prepare for Expansion, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - May 11, 2011) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Natural gas storage and transportation company Inergy LP (NYSE:NRGY) (Kansas City, Missouri) reported adjusted EBITDA of $163 million for the second quarter of the company's 2011 financial year, representing an increase of 5% from the second quarter of 2010.

Inergy plans to add a 20-mile, 20-inch-diameter pipeline lateral to transport up to 100 million standard cubic feet per day of gas to the tailgate of Copano Energy LLC's (NASDAQ:CPNO) (Houston, Texas) Houston Central Gas Gathering Plant. Associated compressor stations will be required.

As part of its North American Industrial Database, Industrial Info is tracking more than $250 million in Inergy transmission and terminals projects.

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