Finance2 sources
Energy Transfer Commits to $1.6 Billion Gas Pipeline Construction
- Energy Transfer LP is building a $1.6 billion pipeline from eastern Louisiana to Mississippi.
- The pipeline will transport natural gas to meet rising demand from data centers and export terminals.
- Energy Transfer is one of three midstream giants highlighted for growth prospects by The Motley Fool.
- The company, along with Enterprise Products and MPLX, offers high yields and has a history of raising distributions.
- The pipeline construction is expected to support the U.S. economy's reliance on infrastructure.