Metro Atlanta-based Colonial Enterprises, largest US fuel transporter, to be sold

Metro Atlanta-based Colonial Enterprises, largest US fuel transporter, to be sold

The metro Atlanta-based owner of Colonial Pipeline is set to be sold.

Brookfield to Buy Colonial Pipeline

Brookfield Infrastructure Partners has struck a deal to acquire Colonial Pipeline for about $9 billion including debt. The buyer expects the deal to be finalized in the second half of the year. Brookfield’s equity investment in the company will be $500 million, representing 15% of the total equity investment in the deal, the finance company also said. Part of the deal involves Shell’s stake in Colonial Pipeline, which amounts to a little over 16…

Shell to sell interest in Colonial Enterprises Inc. to Brookfield subsidiary

HOUSTON, April 3, 2025 /PRNewswire/ -- Shell Midstream Operating LLC (SMUS), a subsidiary of Shell plc ("Shell"), has agreed to sell its 16.125% interest in Colonial Enterprises, Inc. ("Colonial") to Colossus AcquireCo LLC, a wholly owned subsidiary of Brookfield Infrastructure…

BEP : Brookfield Renewable Partners LP

Track Brookfield Renewable Partners LP (BEP) price, historical values, financial information, price forecast, and insights to empower your investing journey

Shell to sell interest in Colonial Enterprises Inc. to Brookfield subsidiary - PressReach

HOUSTON, April 4, 2025 /PRNewswire/ — Shell Midstream Operating LLC (SMUS), a subsidiary of Shell plc (“Shell”), has agreed to sell its 16.125% interest in Colonial Enterprises, Inc. (“Colonial”) to Colossus AcquireCo LLC, a wholly owned subsidiary of Brookfield Infrastructure Partners L.P. and its institutional partners (collectively, “Brookfield”), for $1.45 billion. “This divestment reflects our focus on performance, discipline and simplifica…

Major Deal: Brookfield Snaps Up 5,500-Mile Colonial Pipeline in $9B Strategic Acquisition

Strategic $9B acquisition adds 5,500-mile Colonial Pipeline network to Brookfield's portfolio. Deal values largest U.S. refined products system at 9x EBITDA. See analysis inside.