.
MergerLinks Header Logo

New Deal


Announced

Completed

ArcLight Capital completed the acquisition of an additional 12.5% stake in NGPL from Brookfield Infrastructure.

Synopsis

ArcLight Capital, an infrastructure investment firm, completed the acquisition of an additional 12.5% stake in Natural Gas Pipeline Company of America from Brookfield Infrastructure, a global infrastructure company. Financial terms were not disclosed. "Our investment in NGPL continues to be highly representative of ArcLight's thesis in strategic natural gas infrastructure. NGPL provides critical energy reliability and security services to utilities, enables increasing electrification in the US and supports the generational shift in supply-demand fundamentals driven by LNG export growth. In addition, we believe NGPL serves as a critical enabler to the future development of energy transition infrastructure. We are excited to further invest in our longstanding partnership with Kinder Morgan, a highly sophisticated operator with industry leading ESG credentials," Lucius Taylor, ArcLight Partner.

Show Details & Financials

Market Context

Sort

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US