New England Pipe Company PNGTS Now a BlackRock Puppet

The 295-mile Portland Natural Gas Transmission System (PNGTS) spans New England from the Canadian border to pipeline connections in New Hampshire, Maine, and Massachusetts. The system began operations in 1999 and is located between three major pipeline networks originating in Canada and the U.S. TC Energy owns 61.7% of PNGTS. The remaining 38.3 percent is owned by Northern New England Investment Company. At least until yesterday, when PNGTS was spun off into its own standalone company, now owned by the evil BlackRock.

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