Brookfield Infrastructure ( (BIP) ) has issued an update.
Brookfield Infrastructure Partners L.P. announced its acquisition of Colonial Enterprises, including the Colonial Pipeline, for approximately $9 billion. This acquisition, expected to close in the second half of 2025, will enhance Brookfield’s midstream asset portfolio, further solidifying its position in the U.S. market. The deal, financed through capital recycling initiatives and debt led by Morgan Stanley and Mizuho Bank, underscores Brookfield’s strategic focus on high-quality, long-life infrastructure assets.
More about Brookfield Infrastructure
Brookfield Infrastructure is a leading global infrastructure company that owns and operates high-quality, long-life assets in the utilities, transport, midstream, and data sectors across the Americas, Asia Pacific, and Europe. It focuses on assets with contracted and regulated revenues to generate predictable and stable cash flows. Brookfield Infrastructure is part of Brookfield Asset Management, a global alternative asset manager headquartered in New York with over $1 trillion of assets under management.
YTD Price Performance: -3.41%
Average Trading Volume: 496,735
Technical Sentiment Signal: Hold
Current Market Cap: $19.79B
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