A group of investors led by Brookfield Infrastructure Partners LP agreed to acquire Colonial Enterprises Inc. in a deal that values the operator of the biggest US fuel pipeline at about $9 billion.

The asset portfolio includes the 5,500-mile Colonial Pipeline, one of the largest refined products systems in the United States. The transaction is expected to close around the fourth quarter of 2025.

A group of investors led by Brookfield Infrastructure Partners LP agreed to acquire Colonial Enterprises Inc. in a deal that values the operator of the biggest US fuel pipeline at about $9 billion.

Brookfield Infrastructure Partners LP (BIP) has agreed to acquire Colonial Enterprises, the owner of the Colonial Pipeline, for an enterprise value of $9 billion, the companies announced April 4.

Colonial Enterprises is the parent company of Colonial Pipeline Company, a key energy infrastructure operator in the United States. Colonial Pipeline operates one of the largest refined products ...

The $9B deal includes Colonial Pipeline, the largest U.S. refined products pipeline. With stocks plunging, steady income is key. Tim Melvin & Ryan Faloona reveal dividend stocks and deep-value ...

Colonial Enterprises operates and fully owns Colonial Pipeline Company ,which provides oil products transportation services from the U.S. Gulf Coast to the U.S. Atlantic Seaboard. It also owns the ...

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 ...

(Reuters) -Brookfield Infrastructure Partners is buying Colonial Pipeline, the largest U.S. fuel transportation system, in a deal valued at about $9 billion, including debt, the company said on ...

(Reuters) -Brookfield Infrastructure Partners is buying Colonial Pipeline, the largest U.S. fuel transportation system, in a deal valued at about $9 billion, including debt, the company said on ...