trending Market Intelligence /marketintelligence/en/news-insights/trending/e-2qy_Wxp3-bj6mKcacxww2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Nexus Gas gets trade commission's OK to proceed with Ohio gas line acquisition

Case Study: A Utility Company Efficiently Sharpens Its Focus on the Credit Risk of New Customers

Energy Evolution Podcast

Energy Evolution Why solar energy could get even cheaper

Energy Evolution Podcast

US energy officials push innovation to meet evolving energy needs

Energy Evolution Podcast

Energy futurist sees major challenges for renewables in next 30 years

Nexus Gas gets trade commission's OK to proceed with Ohio gas line acquisition

Nexus Gas Transmission LLC received approval from the U.S. Federal Trade Commission to move forward with its planned acquisition of a natural gas pipeline in Ohio.

Nexus signed an agreement earlier this year to acquire Generation Pipeline LLC, a fully contracted 355-MMcf/d intrastate pipeline, from North Coast Gas Transmission LLC and other sellers for $160 million. In September, the FTC claimed the transaction is "anticompetitive" because of a noncompete clause in the sale agreement that prevents North Coast from competing to provide gas transportation in parts of Lucas, Ottawa and Wood counties in Ohio for three years after deal completion.

Under the FTC's order, Nexus will remove the noncompete clause from the sale agreement, according to a Dec. 13 news release. The order was unanimously approved by the commission after a 30-day public comment period.

Nexus is a 50/50 joint venture of DTE Energy Co. and Enbridge Inc.