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Announced

CPP Investments to acquire a minority stake in Tallgrass Energy for $843m.

Synopsis

CPP Investments, an investment management organization, agreed to acquire a minority stake in Tallgrass Energy, an energy infrastructure company, for $843m. "With a business strategy that combines traditional energy and decarbonization solutions, Tallgrass is an attractive investment opportunity because of its dual role in delivering against growing energy needs and increasing decarbonization opportunities. We are excited to partner with Blackstone and combine our investment and energy expertise to help support the Tallgrass team," Bill Rogers, CPP Investments Managing Director.

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