Brookfield Infrastructure Partners has reached a definitive agreement to acquire Colonial Enterprises, including the Colonial Pipeline, for approximately $9 billion.

Information on the Target

Colonial Enterprises is recognized for its leading position in the midstream sector, encompassing a vast pipeline network that plays a critical role in the distribution of refined petroleum products. The company's flagship asset, the Colonial Pipeline, is the largest refined products pipeline system in the United States, stretching approximately 5,500 miles from Texas to New York. This extensive infrastructure is integral to the supply chain of gasoline, jet fuel, and other refined products, making Colonial Enterprises a crucial player in the energy landscape.

With an enterprise value of approximately $9 billion, the acquisition represents a compelling opportunity to invest in a highly valued and well-established asset. The targeting of Colonial's robust operations further highlights the strategic importance of securing energy infrastructure that supports both regional and national markets.

Industry Overview in the United States

The midstream sector in the United States is characterized by a complex network of oil and gas pipelines, storage facilities, and transportation systems that facilitate the movement of energy resources from production sites to consumers. As demand for ene