Copano Energy
| Company type | Private |
|---|---|
| Industry | Natural gas |
| Founder | John R. Eckel Jr. |
| Defunct | 2013 |
| Fate | Acquired by Kinder Morgan Energy Partners, LP |
| Headquarters | Houston , United States |
Area served | Texas, Oklahoma, Wyoming |
| Products | Natural gas transmission and processing |
| Parent | Kinder Morgan Energy Partners, LP (since 2013) |
| Website | kinder-morgan |
Copano Energy, L.L.C. functioned as a prominent natural gas supplier and distributor across the United States. Its operations included managing more than 6,800 miles of transmission pipelines for natural gas, alongside a processing capacity of 2.7 billion cubic feet and ownership of 10 natural gas plants with a combined processing volume of 1 billion cubic feet. The company primarily served markets in Texas, Oklahoma, and Wyoming.
Established by John R. Eckel Jr., Copano Energy was purchased in 2013 by Kinder Morgan Energy Partners, LP (KMP) for $5 billion. After this acquisition, Copano and its affiliate Copano Energy Finance Corporation repaid $178.5 million in senior notes. This transaction, together with other assets KMP obtained from Kinder Morgan Inc in 2012, helped boost KMP’s earnings to nearly $665 million.