Billionaire pipeline magnate Kelcy Warren, who just months ago defeated environmentalists to finish his controversial Dakota Access oil pipeline, has stepped into the limelight once again -- this time, to defend a natural gas line being built across the eastern U.S.
In a letter to U.S. lawmakers Monday, Warren said he was “baffled” by federal energy regulators’ allegations that his company, Energy Transfer Partners LP, violated rules in building the $4.2 billion, 700-mile (1,127-kilometer) Rover gas pipeline and defended how the project has been constructed. That same day, his company reached a deal to sell a 32 percent stake in its Rover unit to Blackstone Group LP for about $1.57 billion in cash.
