EZBrisk / Market Verdict

Pipeline permit loss hits

Williams is dropping sharply on a court ruling that vacated a key New Jersey permit for its Northeast Supply Enhancement gas pipeline, a project already stalled since 2019, plus the company just priced nearly three billion in new debt at elevated coupons.

Sources: https://www.reuters.com/business/energy/us-court-vacates-key-nj-permit-williams-nese-gas-pipe-

Previous verdicts for WMB

Sources

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