Brookfield Infrastructure Partners L.P. has agreed to sell entities to ArcLight Capital Partners, LLC HOUSTON — NGPL PipeCo LLC (PipeCo) today announced that Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN) has agreed to sell entities that hold its entire 25.0% minority interest in NGPL Holdings LLC (NGPL Holdings), PipeCo’s indirect parent company, to one […]
NGPL PipeCo LLC, owned by Brookfield Infrastructure Partners L.P., will sell entities holding its 25% minority interest in NGPL Holdings LLC to ArcLight Capital Partners, LLC. Following the sale, ArcLight funds will hold a 62.5% interest in NGPL Holdings. Kinder Morgan, Inc. will continue to operate PipeCo's pipeline assets and hold a 37.5% interest in NGPL Holdings.