Stagecoach assets (click for larger version)
In 2016 Crestwood Equity Partners formed a joint venture with New York City’s largest utility company, Consolidated Edison Inc., to operate a critical link of pipelines and storage facilities in the heart of the Marcellus/Utica called Stagecoach Gas Services (see Con Ed & Crestwood Seal the Deal on Marcellus Pipeline/Storage JV). In February we learned that Con Ed is looking to sell its 50% share of the Stagecoach jv (see Marcellus Stagecoach Sees Record Volumes, Con Ed Wants to Sell). We have an update on that effort, shared as part of Crestwood's 1Q21 update.
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