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Black Hills Corp. Buys MGTC Pipeline In Wyoming

January 9, 2014, 7:52 PM

Black Hills Corp. Buys MGTC Pipeline In Wyoming
RAPID CITY, SD -

Black Hills Corp. says it's buying 400 miles of natural gas pipeline from MGTC Inc., a certificated Wyoming public gas utility and an indirect, wholly owned subsidiary of Anadarko Petroleum Corp.

Rapid City-based Black Hills will pay $6 million for the system that serves about 400 customers in northeast Wyoming.

It will operate the line as a separate division of Cheyenne Light, Fuel & Power, the corporation's electric and natural gas utility in Cheyenne, Wyo., under the name Black Hills Energy.

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