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.

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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 ...

who’s assets include the Colonial Pipeline. The transaction will see Brookfield acquire the operations for an enterprise value of $9 billion, which equates to 9x EBITDA. Colonial amounts to the ...

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 ...

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HONOLULU (KHON2) – Light winds will prevail with nighttime land and daytime sea breezes common across much of the state through the rest of the weekend. The front to the west will edge closer to ...