Premium Industrial NewsBrookfield Set to Acquire Inter Pipeline, Combining $4.3 Billion in Canadian Energy Projects
Brookfield Set to Acquire Inter Pipeline, Combining $4.3 Billion in Canadian Energy Projects
Industry Segment: Pipelines | Word Count: 689 Words
Attachment: Brookfield-Inter 0821
SUGAR LAND--August 26, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--After more than six months of high-pressure jousting among some of Canada's biggest energy players, Brookfield Infrastructure Partners (NYSE:BIP) (Toronto, Ontario) announced last week it had won enough shareholder support to take over Inter Pipeline Limited (Calgary, Alberta), which is Canada's fourth-largest pipeline company. Inter Pipeline's existing midstream fleet is especially appealing to industry developers who are finding it difficult to get big-name projects--such as TC Energy Corporation's (NYSE:TRP) (Calgary) recently nixed Keystone XL--off the drawing board. Industrial Info is tracking more than US$4.3 billion worth of active projects from Brookfield and Inter Pipeline, including more than US$3.6 billion in capital-spending projects under construction.
Within this article: Details on some of the highest-valued projects from Brookfield and Inter Pipeline, including the massive Heartland Petrochemical Complex and the development of natural gas gathering and processing capacity in the Duvernay and the Montney shale formations.
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