Brookfield Infrastructure Announces the听Acquisition of Colonial Enterprises
Brookfield Infrastructure Partners (BIP) has announced a definitive agreement to acquire Colonial Enterprises for an enterprise value of approximately $9 billion, representing 9x EBITDA. Colonial operates the largest refined products system in the U.S., spanning 5,500 miles between Texas and New York.
BIP's equity investment will be $500 million, approximately 15% of the total equity investment, funded through recent capital recycling initiatives. The transaction is expected to close in the second half of 2025.
The acquisition targets Colonial's world-class midstream asset portfolio, including the Colonial Pipeline, which has demonstrated a multi-decade track record of strong performance and high utilization serving U.S. East Coast customers.
Brookfield Infrastructure Partners (BIP) ha annunciato un accordo definitivo per acquisire Colonial Enterprises per un valore aziendale di circa 9 miliardi di dollari, corrispondente a 9 volte l'EBITDA. Colonial gestisce il pi霉 grande sistema di prodotti raffinati negli Stati Uniti, che si estende per 5.500 miglia tra Texas e New York.
L'investimento azionario di BIP sar脿 di 500 milioni di dollari, circa il 15% del totale dell'investimento azionario, finanziato attraverso recenti iniziative di riciclo del capitale. Si prevede che la transazione si chiuda nella seconda met脿 del 2025.
L'acquisizione mira al portafoglio di asset midstream di classe mondiale di Colonial, inclusa la Colonial Pipeline, che ha dimostrato un track record di prestazioni solide e alta utilizzazione per decenni, servendo i clienti della costa orientale degli Stati Uniti.
Brookfield Infrastructure Partners (BIP) ha anunciado un acuerdo definitivo para adquirir Colonial Enterprises por un valor empresarial de aproximadamente 9 mil millones de d贸lares, lo que representa 9 veces el EBITDA. Colonial opera el sistema de productos refinados m谩s grande de EE. UU., que se extiende por 5,500 millas entre Texas y Nueva York.
La inversi贸n de capital de BIP ser谩 de 500 millones de d贸lares, aproximadamente el 15% de la inversi贸n total de capital, financiada a trav茅s de iniciativas recientes de reciclaje de capital. Se espera que la transacci贸n se cierre en la segunda mitad de 2025.
La adquisici贸n se centra en el portafolio de activos midstream de clase mundial de Colonial, incluida la Colonial Pipeline, que ha demostrado un historial de rendimiento s贸lido y alta utilizaci贸n durante varias d茅cadas, sirviendo a los clientes de la costa este de EE. UU.
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Brookfield Infrastructure Partners (BIP) a annonc茅 un accord d茅finitif pour acqu茅rir Colonial Enterprises pour une valeur d'entreprise d'environ 9 milliards de dollars, repr茅sentant 9 fois l'EBITDA. Colonial exploite le plus grand syst猫me de produits raffin茅s aux 脡tats-Unis, s'茅tendant sur 5 500 miles entre le Texas et New York.
L'investissement en capital de BIP sera de 500 millions de dollars, soit environ 15 % de l'investissement total en capital, financ茅 par le biais d'initiatives r茅centes de recyclage du capital. La transaction devrait se cl么turer dans la seconde moiti茅 de 2025.
L'acquisition vise le portefeuille d'actifs midstream de classe mondiale de Colonial, y compris le Colonial Pipeline, qui a d茅montr茅 un historique de performances solides et une utilisation 茅lev茅e au service des clients de la c么te est des 脡tats-Unis.
Brookfield Infrastructure Partners (BIP) hat eine endg眉ltige Vereinbarung zur 脺bernahme von Colonial Enterprises f眉r einen Unternehmenswert von etwa 9 Milliarden Dollar angek眉ndigt, was dem 9-fachen EBITDA entspricht. Colonial betreibt das gr枚脽te Raffinerieprodukt-System in den USA, das sich 眉ber 5.500 Meilen zwischen Texas und New York erstreckt.
Die Eigenkapitalinvestition von BIP wird 500 Millionen Dollar betragen, was etwa 15 % der gesamten Eigenkapitalinvestition entspricht, und wird durch k眉rzliche Kapitalrecycling-Initiativen finanziert. Der Abschluss der Transaktion wird f眉r die zweite H盲lfte des Jahres 2025 erwartet.
Die 脺bernahme zielt auf das erstklassige Midstream-Asset-Portfolio von Colonial ab, einschlie脽lich der Colonial Pipeline, die 眉ber mehrere Jahrzehnte hinweg eine starke Leistung und hohe Auslastung bei der Bedienung von Kunden an der Ostk眉ste der USA nachgewiesen hat.
- Strategic acquisition of the largest U.S. refined products system for $9 billion
- Attractive valuation at 9x EBITDA multiple
- Asset has proven track record of strong performance and high utilization
- equity commitment of $500 million (15% of total equity)
- Fully funded through existing capital recycling initiatives
- Significant debt component in the acquisition structure
- Extended closing timeline (second half 2025)
- Regulatory approval risks due to infrastructure's strategic nature
BROOKFIELD, News, April 03, 2025 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (鈥淏IP鈥�) (NYSE: BIP; TSX: BIP.UN) and its institutional partners (collectively, 鈥淏rookfield Infrastructure鈥�) reached a definitive agreement to acquire
At closing, BIP鈥檚 equity investment is expected to be
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. We are focused on assets that have contracted and regulated revenues that generate predictable and stable cash flows. Investors can access its portfolio either through Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), a Bermuda-based limited partnership, or Brookfield Infrastructure Corporation (NYSE, TSX: BIPC), a Canadian corporation. Further information is available at .
Brookfield Infrastructure is the flagship listed infrastructure company of Brookfield Asset Management, a leading global alternative asset manager, headquartered in New York, with over
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FAQ
What is the value of Brookfield Infrastructure's acquisition of Colonial Enterprises?
How much equity is BIP investing in the Colonial Pipeline acquisition?
What assets are included in the Colonial Enterprises acquisition?
When is the Colonial Pipeline acquisition expected to close?
How is BIP funding the Colonial Enterprises acquisition?
