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.

The pipeline travels through the coastal states of Texas, Louisiana, Mississippi, Alabama, Georgia, South Carolina, North Carolina, Virginia, Maryland, Pennsylvania, and New Jersey. Branches from ...

(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 ...

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 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.

Reuters is reporting that New York-based Brookfield Asset Management is finalizing its acquisition of Colonial Pipeline, which spans more than 5,500 miles from Houston to New York. The asset ...

NEW YORK (Reuters) -The Federal Energy Regulatory Commission (FERC) on Wednesday suspended Colonial Pipeline's proposal to overhaul its gasoline shipments for seven months to hear additional ...

NEW YORK (Reuters) - The Colonial Pipeline on Monday asked the U.S. Federal Energy Regulatory Commission to reject shippers' protests over proposed changes to how it moves gasoline, arguing that ...