Enbridge to Acquire Blackstone’s Tallgrass Crude Oil Business
Canadian energy giant Enbridge has agreed to purchase Blackstone’s Tallgrass crude oil business in a deal valued at approximately $2.55 billion. The acquisition expands Enbridge's infrastructure and operational capacity in the North American energy sector.
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Enbridge to Buy Tallgrass Crude Business for $2.6 Billion
Enbridge Inc., the Canadian energy infrastructure giant, reached an agreement to buy Tallgrass Energy’s crude oil business from Blackstone Inc. for about $2.6 billion.
By David Carnevali, Ryan Gould and Paula Sambo
Read full article →Enbridge to buy Blackstone’s Tallgrass crude oil business for $2.55-billion
Pipeline operators are benefiting from rising demand for natural gas, utility infrastructure and power supply for data centres
Read full article →Canada’s Enbridge to buy Tallgrass crude oil business for $2.55 billion
By Reuters
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