Announces Intention to Vote its Shares in Support of KML Board Proposals
HOUSTON–(BUSINESS WIRE)–Kinder Morgan, Inc., (NYSE: KMI) today announced its intention to vote
in favor of the Kinder Morgan Canada Limited (TSX: KML) board’s
proposals that will facilitate the distribution of approximately $2.0
billion of Trans Mountain net sale proceeds as a return of capital to
KMI; and reiterated its intention to use the proceeds to pay down debt.