US Energy Infrastructure CAPEX, Consolidation and Policy Financing Surge

Williams' proposed up-to-$5.5 billion acquisition of Momentum Midstream adds roughly 4,000 miles and 6 Bcf/d of Haynesville-to-Gulf Coast infrastructure, highlighting consolidation as a route to LNG, power, and industrial growth. Kinder Morgan's $10.1 billion backlog, Enbridge's proposed up-to-2 Bcf/d West Texas Express, Summit Midstream's 900 MMcf/d Double E expansion, and DOE's more than $300 billion of potential loan authority show sustained investment, although permitting, underwriting, take-or-pay commitments, and equipment lead times remain key risks.