Mountain Valley Pipeline: Big name banks and investors cashing in

May 31, 2018
major shareholderCreditorcreditorChairman & Chief Executive OfficerChairman & Chief Executive OfficerParent OrgOwns 7% of EQT common stockOwns 6.6% of EQT common stockCEOOwns 10.2% of EQT common stockOwns 5.4% of EQT common stockPresident and CEO45.5% Owner & Operator~$86 million in financing~$86 million in financing~$86 million in financing~$76 million in financing~ $76 million in financingCreditorCreditorCreditorCreditor via PNC BankCreditorCreditor via PNC Bancorp$141 million in financing & investorBank of AmericaCorporationJPMorgan Chase &Co.Wells FargoUS BankSunTrust BankState StreetCorporationPNC FinancialServices GroupInc.BlackRock, Inc.Jamie DimonJoseph L HooleyLaurence FinkVanguard Group IncEnergy TransferPartners, L.P.Sunoco PartnersLLCBank of the WestEQT CorporationMortimer J.BuckleyMountain ValleyPipeline LLCEQMTop US banks financing MVPWall Street investors cashing in on MVP$28.3 Million in 2017$27.95 Million in 2017$16 Million in 2017$10-15 Million expected*
 

Mountain Valley Pipeline

The Mountain Valley Pipeline will stretch 300 miles across West Virginia and Virginia. The companies involved in building the pipeline are EQT Midstream Partners, NextEra Energy Resources, Con Edison Transmission, WGL Midstream, and RGC Midstream.