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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Industrial Info Resources (IIR), with world headquarters in Sugar Land, Texas, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. IIR'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. For more information send inquiries to petroleumterminalsgroup@industrialinfo.com or visit our website at www.industrialinfo.com.

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