What is Inergy Holdings, L.P.s strategy for growth?
Inergy Holdings, L.P.’s cash-generating assets consist of its partnership interests, including incentive distribution rights, in Inergy, L.P. (Nasdaq symbol: NRGY), a publicly traded Delaware limited partnership, which operates a rapidly growing, geographically diverse retail and wholesale propane supply, marketing and distribution business. Inergy Holdings, L.P.’s primary objective is to increase distributable cash flow to its unitholders through the ownership of these partnership interests in Inergy, L.P. Inergy Holdings, L.P.’s ownership of incentive distribution rights in Inergy, L.P. entitle it to receive an increasing percentage of total cash distributions made by Inergy, L.P. as it reaches certain target distribution levels. 5.