Brookfield Asset Management to buy Colonial Pipeline in $9 billion deal, sources say

Brookfield Asset Management is negotiating a purchase of Colonial Pipeline, the biggest U.S. fuel transport system, for over $9 billion including debt, people with knowledge said. The transaction reflects Brookfield's increasing investment in strategic assets in critical infrastructure and is among the biggest energy deals of the year 2025.

 

Top Points:

Market Impact:

The acquisition marks growing investor appetite for energy infrastructure as fuel transportation demand grows globally. Brookfield's action places it at the forefront of U.S. energy.

 

Although talks are in progress, the sources indicate that the deal may be announced as early as next week.

 

Sources: Reuters, Bloomberg, Yahoo Finance; March 31, 2025