Who is Behind the Mountain Valley Pipeline?

While the destruction of the Mountain Valley Pipeline is happening in so-called West Virginia and so-called Virginia, there are pressure points all over the place. The companies and banks that are involved in this project have headquarters and offices. Direct action can happen anywhere and if you need inspiration, explore below to see solidarity targets near you:

Target Highlights

  • MVP is a join venture between 5 corporations:

    Equitrans Midstream LLC, a subsidiary of EQT, has 45.5% Ownership of the project. Their headquarters are in Pittsburgh, PA.

    NextEra Energy Resources is one of the five project partners behind the MVP. They are also trying to rebrand themselves as a renewable energy company.

    Con Edison Transmission is one of the five project partners behind the MVP. They have 12.5% ownership over the project.

    WGL Midstream/AltaGas is one of the five project partners behind the MVP. They have 10% ownership over the project. WGL Midsteam is a subsidiary of Canadian company AltaGas.

    RGC Midstream LLC is one of the five project partners behind the MVP. They have 1% ownership over the project. They are the only local company involved in the project. RGC's involvement is often brought up by MVP as a benefit for the local community.

    Find out more about these companies as well as about the Equitrans Midstream board.

  • While there are plenty of banks that have funded MVP, the top five banks are:

    Bank of America- $141.7 Million- Charlotte, NC

    Wells Fargo- $86.7 Million- San Francisco, CA

    PNC- $86.7 Million- Pittsburgh, PA

    Learn more about the banks behind the MVP.

  • Capital International Investors controls12.2% of Equitrans Midstream’s common stock. They are headquartered in Los Angeles.

    BlackRock INC. is one of the world’s biggest investors in fossil fuels. They control 12% of EQTRN’s common stock. Their headquarters are in New York City.

    The Vanguard Group bought 10% of Equitrans Midstream common stock. They are based in Malvern, PA.

    T. Rowe Price controls 7% of the common stock for Equitrans Midstream. Their main office is in Baltimore.

    Check out more information on MVP investors and find an office near you.

  • Precision Pipeline LLC is the main company in charge of pipeline construction. Their headquarters are in Eau Claire, WI. The other major construction company involved in MVP is Price Gregory, who based in Katy, TX.

    MVP has contracts with 6 major gas shippers to supply the pipeline upon completion:

    EQT Corporation, the parent company of EQT Energy LLC, will supply 58% of total gas. EQT is also the parent company of Equitrans Midstream, the main project partner of MVP.

    ConEd, the parent company of ConEd Transmission, will ship 12.5% of the fracked gas.

    Dominion Energy, the parent company for the Public Service Company of North Carolina, will ship 12.5% of the fracked gas. Dominion was also involved with the failed Atlantic Coast Pipeline.

    The Canadian Company, AltaGas, the parent company of WGL Midstream (one of MVP’s project partners) will ship 10% of the fracked gas.

    NextEra Energy Resources, another project partner, is the parent company of USG Propertiers Marcellus Holdings LLC, which has a contract to supply 6% of the gas.

    RGC Resources and the Roanoke Gas Company, the only local company to be involved in the project, will ship 0.5% of the gas for the MVP.

    Learn more about the contractors involved in the MVP.

Find out more about these targets and find more:

Target Map

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Check out this map of companies, agencies, and individuals involved in the Mountain Valley Pipeline. Are any of them near you?

Targets by State