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BlackRock

Company Summary

Recent news

  • 9/14/2020 - DOW Sells Certain Marine... (subscriber access)
  • 3/20/2020 - Blackrock, Snam and KKR... (subscriber access)
  • 1/28/2020 - BlackRock, KKR & GIP... (subscriber access)
  • 9/17/2019 - BlackRock Sells Stake in... (subscriber access)
  • 9/4/2019 - ADNOC Closes $600... (subscriber access)

Company Transactions

Date: 9/30/2020
Type: Acquisition

SELLERS:
  • Dow Chemical Co
  • DETAILS:

    COST: 620 $MM

    NOTES:
    Dow reached an agreement to divest certain U.S. Gulf Coast marine and terminal operations and assets to Vopak Industrial Infrastructure Americas, a joint venture of Royal Vopak and BlackRock's Global Energy & Power Infrastructure Fund, for $620 million. The transaction includes marine and storage terminal operations and assets at Dow’s sites in Plaquemine and St. Charles, Louisiana, and Freeport, Texas.
    REGIONS:
  • Gulf Coast
  • Date: 9/30/2019
    Type: Acquisition

    NOTES:
    KKR & BlackRock are investing $4 billion into ADNOC Oil Pipelines for a 40% interest. ADNOC will hold the remaining 60% stake.
    REGIONS:
  • Middle East
  • Date: 9/17/2019
    Type: Acquisition

    NOTES:
    BlackRock reached an agreement with Greenbacker Renewable Energy for the sale of its controlling interest in the 42.5 MW Elk and 37.5 Bethel operating wind energy facilities in Iowa.

    Date: 6/27/2019
    Type: Acquisition

    NOTES:
    ADNOC reported Blackrock and KKR have purchased a 40% stake in ADNOC Oil Pipelines for $4 billion. The pipeline company will lease ADNOC's interest in 18 crude oil and condensates pipelines across ADNOC's upstream concessions for 23 years.
    REGIONS:
  • Middle East
  • Date: 2/4/2019
    Type: Acquisition

    BUYERS:
  • Ullico Inc.
  • SELLERS:
  • BlackRock
  • DETAILS:
    NOTES:
    BlackRock reported an agreement with Ullico to sell four operating solar projects in Ontario, Canada.
    REGIONS:
  • Canada
  • Date: 12/27/2017
    Type: Acquisition

    NOTES:
    SemGroup, through Rose Rock, and NGL Energy Partners are selling their 50% stakes in Glass Mountain for $300 million each.
    REGIONS:
  • Oklahoma STACK Play
  • Midcontinent
  • Date: 8/4/2017
    Type: Acquisition

    SELLERS:
  • Gas Natural Inc.
  • DETAILS:

    COST: 13.1 Per Share

    NOTES:
    Gas Natural and First Reserve continue to expect to complete the transaction in the second half of 2017.

    Date: 6/5/2017
    Type: Acquisition