Michigan-based, US CMS Energy said that it has entered into a definitive agreement to sell its interests in the Parmelia and Goldfields pipelines in western Australia to the Australian Pipeline Trust for about A$208 million (about =US$145 million). CMS Energy is the sole owner of the 260-mile Parmelia pipeline system and holds a 39.7% ownership…
AUSTRALIA: CMS Energy agrees to sell stake in Australian Pipeline Trust
Posted on August 5, 2004 by EnergyAsia