First, we will have the highest forecast distribution growth rate of any of the major MLPs. Second, our coverage will be above average for the same peer group with expected $1.
1 billion of excess cash flow coverage through 2017 and the Access cash flows, along with our major new fee based projects continue to dramatically reduce exposure to commodity prices.
A major change is afoot as we combine both WPZ and Access into the large scale natural gas infrastructure MLP. And the team here at WPZ is very energized right now.
These new prospective projects include the Appalachian Connector and the Diamond East projects, both are major new projects that connect the burgeoning supplies from the Marcellus.
We’re coming off a quarter here that was in-line with our expectations, but much lower at WPZ due to Geismar’s extended outage and a continued heavy capital investing period all as was expected.