South Korean Consortium to acquire 50% interest in Utopia Pipeline from Riverstone Holdings.

Shinhan Investment, Samtan, EIP Investment and KDB KIAMCO agreed to acquire 50% interest in Utopia Pipeline from Riverstone Holdings. Financial terms were not disclosed. "Utopia is a unique midstream infrastructure asset that benefits from strong supply-push and demand-pull fundamentals. Riverstone is glad to have partnered with Kinder Morgan on this project, the success of which was made possible by their broad capabilities from commercial development to project execution," John Jessup, Riverstone Principal.