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Brookfield Infrastructure Partners

Company Summary

Financial Data:

NYSE:BIP from Google Finance

Tickers:

  • BIP - New York Stock Exchange
  • BIP-UN - Toronto Stock Exchange

Related Entities

Recent news

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Company Transactions

Date: 5/15/2023
Type: Acquisition

NOTES:
Crestwood & Brookfield Infrastructure have signed an agreement to sell Tres Palacios Gas Storage for $335 million. Crestwood will receive $168 million for its 50% stake in the storage asset, and they intend to direct all proceeds to reduce borrowings on the revolving credit facility. Closing is targeted for 2Q23.

Date: 10/31/2021
Type: Acquisition

NOTES:
Under the Revised Brookfield Offer, each Inter Pipeline shareholder will have the ability to elect to receive, per Inter Pipeline share, $20.00 in cash or 0.25 of a Brookfield Infrastructure Corporation class A exchangeable subordinate voting share
REGIONS:
  • Canada
  • Date: 3/31/2021
    Type: Acquisition

    NOTES:
    Kinder Morgan and Brookfield Infrastructure Partners have reached a deal to sell off a 25% stake in the Natural Gas Pipeline Company of America to an ArcLight Capital Partners fund for $830 million. They will split the proceeds, while each retaining a 37.5% stake in the $5.2B pipeline.
    REGIONS:
  • Lower 48
  • Date: 12/31/2018
    Type: Acquisition

    SELLERS:
  • Enbridge Inc.
  • DETAILS:

    COST: 4.31 $B

    VOLUMES: 3.3 Bcf/d

    NOTES:
    In sum, this sale includes 19 natural gas processing plants and liquids handling facilities which have a capacity of 3.3 Bcf/d and 3,550-km on natural gas gathering pipelines. The sale of provincially regulated facilities will close in 2018, while the federally regulated assets will close in mid-2019.
    REGIONS:
  • Montney Formation
  • Peace River
  • Horn River
  • Western Canadian Sedimentary Basin