Who is Funding the Mountain Valley Pipeline?

The Mountain Valley Pipeline is more than 3 billion dollars over budget due to permitting and construction delays. Their stock prices have been tumultuous due to years of uncertainty. However, some of the country’s biggest banks are continuing to finance the project and some of the biggest investors in fossil fuels are shareholders in Equitrans Midstream.

Target Map

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Green- Bank Headquartes

Blue- Investor Offices

The Banks

Bank of America

$141.7 Million

100 North Tryon St
Charlotte, NC

Wells Fargo

$86.7 Million

420 Montgomery St
San Francisco, CA

PNC

$86.7 Million

249 Fifth Ave
Pittsburgh, PA

Truist

$96.7 Million

303 Peachtree St NE
Atlanta, GA

Truist

$96.7

200 Second St NW
Winston Salem, NC

U.S. Bank

$76 Million

800 Nicollet Mall, Minneapolis, MN

Citibank

$51.7 Million

388 Greenwich St
New York, NY

JP Morgan Chase

$51.7 Million

270 Park Ave
New York, NY

Goldman Sachs

$41 Million

200 West St
New York, NY

Huntington National Bank

$26.7 Million

17 S High St.
Columbus Ohio

Bank of New York Mellon

$26.7 Million

240 Greenwich St
New York, NY

Union Bank and Trust

$15 Million

3643 S 48th Lincoln St Lincoln NE

The Shareholders

  • Common Stock gives the shareholders voting rights.

    Capital International Investors- 12.2%-
    333 South Hope St, 55th Floor, Los Angeles, CA
    (Other Locations)

    BlackRock INC- 10%-
    55th East 52nd St, New York, NY
    (Other Locations)

    The Vanguard Group- 10.7%-
    100 Vanguard Boulevard, Malvern, PA
    2605 Water Ridge Pkwy, Charlotte, NC
    14321 N Northsight Blvd, Scottsdale, AZ

    T. Rowe Price- 7.2%-
    100 E Pratt Street, Baltimore MD
    (Other Locations)

    Brookfield Public Secuirties Group- 1.9%-
    110 North Wacker Drive, Chicago, IL
    (Other Locations)

    Geode Capital Management- 1.9%-
    100 Summer St 12th Floor, Boston MA

    KGH Ltd- 2%-
    2828 N Harwood St, Dallas, TX

    Zimmer Partners LP- 2.1%-
    888 Seventh Ave, New York, NY

    Harvest Fund Advisors (Blackstone)- 1.7%-
    100 West Lancaster Avenue 2nd Floor, Wayne PA

  • Shareholders with preferred stock do not have voting rights.

    GSO Equitable Finance LP- 19.7%-
    345 Park Ave, 31st Floor, New York, NY

    The D.E. Shaw Group- 26.8%-
    1166 Avenue of the Americas, New York, NY

    NB Burlington Aggregator LP- 12.5%-
    1290 Avenue of the Americas, 24th Floor, New York NY