Intensity Infrastructure Partners and Rainbow Energy Center Partner to Develop North Dakota Natural Gas Pipeline
Intensity Infrastructure Partners has teamed up with Rainbow Energy Center in a strategic partnership to advance the development and construction of a new natural gas pipeline in North Dakota, with an aim for completion and in-service by July 2029.
Counterparts (2)
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- Strategic partnership for new natural gas pipeline development in North Dakota.
- Involves an infrastructure investment firm (Intensity) and an energy producer (Rainbow).
- Target in-service date of July 2029 for the new pipeline.
- Deal is announced, with undisclosed value and project specifics (capacity, stage).
Source Intelligence
Intensity Infrastructure Partners is an Oklahoma-based midstream company. Rainbow Energy Center is a privately held independent power producer headquartered in North Dakota. The pipeline will reserve capacity for any possible future projects along the identified route. The project aims to assist in reducing flaring, unlock new midstream oil and gas production, and generate vast tax revenues for the State. Quotes: - "Intensity Infrastucture Partners, a Oklhahoma-based midstream company with over 145 years of experience in the midstream sector" - "Rainbow Energy Center, a privately held independent power producer headquartered in North Dakota" - "Importantly, the pipeline will reserve capacity for any possible future projects along the identified route." - "By enabling a new era of in-state natural gas processing and transportation for North Dakota, the project will assist in reducing flaring, unlock new midstream oil and gas production, and generate vast tax revenues for the State."
"Intensity Infrastructure Partners teams up with Rainbow Energy Center to advance a new natural gas pipeline project in North Dakota"
"Intensity Infrastructure Partners teams up with Rainbow Energy Center to advance a new natural gas pipeline project in North Dakota"
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