Kinder Morgan is going ahead with the Trans Mountain expansion after the IPO of Kinder Morgan Canada Ltd (KML) grossed C$1.75 billion ($1.30 billion). The offering was the last condition remaining for Kinder Morgan's positive FID to build the C$7.4 billion project.KML will use the IPO proceeds to buy a 30% interest in a limited partnership that owns the Canadian businesses of Kinder Morgan, which will use those proceeds to pay down debt.Under the......
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