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LONG-TERM INVESTMENTS
 6 Months Ended
Jun. 30, 2013
LONG-TERM INVESTMENTS  
LONG-TERM INVESTMENTS

6.          LONG-TERM INVESTMENTS

 

On April 5, 2013 the Company invested $107 million to acquire a 50% interest in Blackspring Ridge Wind Project (Blackspring Ridge), a wind energy project. The project is currently in the late stage of development. The Company’s interest in Blackspring Ridge is accounted for as a long-term equity investment and is included in the Gas Pipelines, Processing and Energy Services segment.