News
24 February 2021

ArcLight acquires minority stake in NGPL

In:
Oil & gas
Region:
Americas

Kinder Morgan (KMI) and Brookfield Infrastructure Partners (BIP) have agreed to sell a 25% interest in Natural Gas Pipeline Company of America (NGPL) to a fund controlled by ArcLight Capital Partners for $830 million, implying an enterprise value of $5.2 billion. KMI and BIP will share the...

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