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...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
31 October 2025

Aliança Energia: Vale taps GIP’s firepower

Global Infrastructure Partners' $1 billion swoop for Aliança Energia highlights the changing structure of Brazil's electricity market. Big commodities producers and...

Interview
06 November 2025

Pertamina’s Bagus talks strategic finance

Andy Bagus, senior vice-president treasury and strategic finance, at Indonesia’s national oil company Pertamina discusses project and export finance strategy amid a volatile...