Nisource Inc.

Published : April 29th, 2015

Columbia Pipeline Partners LP Declares Quarterly Distribution

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Keywords :   G Mexico | Growth | Mexico | Natural Gas | Storage |

Columbia Pipeline Partners LP Declares Quarterly Distribution

HOUSTON, April 29, 2015 /PRNewswire/ -- The Board of Directors of CPP GP LLC, as general partner of Columbia Pipeline Partners LP (CPPL) ("CPPL"), a NiSource Inc. (NI) company, today approved a prorated quarterly distribution payment of $0.0912 per unit for CPPL, payable on May 20, 2015, to both common and subordinated unit holders of record at the close of business on May 13, 2015. This is the first distribution declared by CPPL and corresponds to the minimum quarterly distribution of $0.1675 per unit, or $0.67 per unit annually. The distribution covers the portion of the first quarter 2015 between the day following the close of the initial public offering on February 11, 2015, and March 31, 2015.

About Columbia Pipeline Partners LP

Columbia Pipeline Partners LP, based in Houston, Texas, is a fee-based, growth-oriented master limited partnership formed to own, operate and develop a growing portfolio of natural gas pipelines, storage and related midstream assets.

CPPL's business and operations are conducted through CPG OpCo LP and its subsidiaries, which own and operates substantially all of the natural gas transmission, storage and midstream assets of NiSource Inc.'s Columbia Pipeline Group unit. Columbia Pipeline Group operates approximately 15,000 miles of strategically located interstate pipelines extending from New York to the Gulf of Mexico, one of the nation's largest underground natural gas storage systems, and a growing portfolio of related gathering and processing assets. The majority of its assets overlay the Marcellus and Utica Shale production areas. Additional information can be found at www.columbiapipelinepartners.com and www.columbiapipelinegroup.com.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/columbia-pipeline-partners-lp-declares-quarterly-distribution-300074685.html

Read the rest of the article at finance.yahoo.com
Data and Statistics for these countries : Mexico | All
Gold and Silver Prices for these countries : Mexico | All

Nisource Inc.

CODE : NI
ISIN : US65473P1057
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Nisource is a development stage company based in United states of america.

Nisource is listed in Germany and in United States of America. Its market capitalisation is US$ 9.4 billions as of today (€ 8.8 billions).

Its stock quote reached its lowest recent point on January 04, 1985 at US$ 0.56, and its highest recent level on April 23, 2024 at US$ 27.94.

Nisource has 337 410 827 shares outstanding.

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NYSE (NI)FRANKFURT (NOU.F)
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