Buying More Kinder Morgan, Inc. (KMI)

Kinder Morgan, Inc. (KMI) & Brookfield Infrastructure Partners (BIP) just bought [Source] the remaining 53% of Natural Gas Pipeline Company of America LLC (NGPL) for about $242 million equity but both companies also took on NGPL’s $3 billion in debt, about $1.5 billion each. NGPL: NGPL has about 9,200 miles of pipelines, 1 million horsepower […]

Brookfield Infrastructure LP (BIP)

Brookfield Infrastructure L.P. (BIP) operates infrastructure assets located in North and South America, Australasia, and Europe providing essential products and services for the global economy. The cash flow is stable with approximately 80% of earnings before interest, taxes, depreciation and amortization (EBITDA) supported by regulated or contracted revenues. The long life assets require relatively minimal […]