AIG Highstar Capital L.P. has agreed to sell the Southern StarCentral Corp. gas pipeline system to GE Commercial Finance EnergyFinancial Services and Caisse de d?p?t et placement du Qu?bec for$362 million, the company said.
AIG Highstar, a private equity fund sponsored by AIG, said theproposed deal also includes the assumption of $467 million in debtand preferred stock.
Regulatory approval is expected within the third quarter of thisyear, the company said.
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