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GE Looks Toward Texas For Shale

General Electric Co has sunk its teeth further into the energy infrastructure and services business by investing in Howard Energy Partners, a natural gas pipeline operator in the booming Eagle Ford shale fields of south Texas.  GE Energy Financial Services will pay an undisclosed amount for 30.6 percent of Howard, GE said on Thursday. Other investors include Crosstex Energy LP, Quanta Services Inc and Clear Springs Energy Company LLC, and the deal is expected to close in April. Howard will use the money to help fund its purchase of the natural gas gathering assets of Meritage Midstream Services in south Texas, GE said.

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