Brookfield Infrastructure Announces the 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 più 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 sarà 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 metà 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 dólares, lo que representa 9 veces el EBITDA. Colonial opera el sistema de productos refinados más grande de EE. UU., que se extiende por 5,500 millas entre Texas y Nueva York.
La inversión de capital de BIP será de 500 millones de dólares, aproximadamente el 15% de la inversión total de capital, financiada a través de iniciativas recientes de reciclaje de capital. Se espera que la transacción se cierre en la segunda mitad de 2025.
La adquisición se centra en el portafolio de activos midstream de clase mundial de Colonial, incluida la Colonial Pipeline, que ha demostrado un historial de rendimiento sólido y alta utilización durante varias décadas, sirviendo a los clientes de la costa este de EE. UU.
브룩필드 인프라 파트너스 (BIP)는 콜로니얼 엔터프라이즈를 약 90억 달러에 인수하기 위한 최종 계약을 발표했습니다. 이는 EBITDA의 9배에 해당합니다. 콜로니얼은 텍사스와 뉴욕 사이에 5,500마일에 걸쳐 있는 미국에서 가장 큰 정제 제품 시스템을 운영하고 있습니다.
BIP의 자본 투자액은 5억 달러로, 총 자본 투자액의 약 15%를 차지하며 최근 자본 재활용 이니셔티브를 통해 자금을 조달합니다. 거래는 2025년 하반기에 마감될 것으로 예상됩니다.
이번 인수는 콜로니얼의 세계적 수준의 중간 자산 포트폴리오를 목표로 하며, 여기에는 미국 동부 고객에게 높은 활용도를 제공하며 수십 년간 강력한 성과를 보여준 콜로니얼 파이프라인이 포함됩니다.
Brookfield Infrastructure Partners (BIP) a annoncé un accord définitif pour acquérir Colonial Enterprises pour une valeur d'entreprise d'environ 9 milliards de dollars, représentant 9 fois l'EBITDA. Colonial exploite le plus grand système de produits raffinés aux États-Unis, s'étendant 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, financé par le biais d'initiatives récentes de recyclage du capital. La transaction devrait se clôturer dans la seconde moitié de 2025.
L'acquisition vise le portefeuille d'actifs midstream de classe mondiale de Colonial, y compris le Colonial Pipeline, qui a démontré un historique de performances solides et une utilisation élevée au service des clients de la côte est des États-Unis.
Brookfield Infrastructure Partners (BIP) hat eine endgültige Vereinbarung zur Übernahme von Colonial Enterprises für einen Unternehmenswert von etwa 9 Milliarden Dollar angekündigt, was dem 9-fachen EBITDA entspricht. Colonial betreibt das größte Raffinerieprodukt-System in den USA, das sich über 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 kürzliche Kapitalrecycling-Initiativen finanziert. Der Abschluss der Transaktion wird für die zweite Hälfte des Jahres 2025 erwartet.
Die Übernahme zielt auf das erstklassige Midstream-Asset-Portfolio von Colonial ab, einschließlich der Colonial Pipeline, die über mehrere Jahrzehnte hinweg eine starke Leistung und hohe Auslastung bei der Bedienung von Kunden an der Ostküste 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. (“BIP”) (NYSE: BIP; TSX: BIP.UN) and its institutional partners (collectively, “Brookfield Infrastructure”) reached a definitive agreement to acquire
At closing, BIP’s 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 https://bip.brookfield.com.
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
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