Talen Energy Sells PA Pipeline to Adelphia Gateway for $155M
In December the Federal Energy Regulatory Commission (FERC) issued a final approval for the Adelphia Gateway pipeline project (see FERC Issues Final OK for Southeast PA Adelphia Gateway Pipeline). Adelphia is a plan to convert an old/existing oil pipeline stretching from Northampton County, PA through Bucks, Montgomery, and Chester counties, terminating in Delaware County at Marcus Hook, into a natural gas pipeline. To flow Marcellus gas to southeast PA. The builder lacked one key ingredient--the pipeline!
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