By TONI ELLINGTON
Duke Energy of Florida announced this week that it has purchased an ownership stake in the proposed Sabal Trail Pipeline Project. Duke Energy’s investment was estimated at $225 million.
The Sabal Trail Project is a joint venture of Spectra Energy and NextEra Energy, Inc. The pipeline will be operated by Sabal Trail Transmission, LLC. The cost of the pipeline is estimated at $3 billion. It will run approximately 500 miles from Alabama across the state of Georgia into Florida, where it is one of only two major pipelines supplying natural gas to Florida. Once constructed, the pipeline will be capable of carrying over one billion cubic feet of natural gas per day.
The pipeline is scheduled to begin service in 2017.
For information and updates, call (504) 599-8500.
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