SUNYA SCOOP

Brookfield buys Colonial

April 8, 2025

Brookfield Infrastructure Drops $9B to Acquire Colonial Pipeline

  • Brookfield Infrastructure and partners are acquiring Colonial Enterprises—parent of the 5,500-mile Colonial Pipeline—for $9 billion enterprise value.

  • The pipeline delivers nearly 45% of fuel consumed on the U.S. East Coast, stretching from Texas to New York.

  • Brookfield’s equity investment: $500 million (15% of total equity).

  • Funded through capital recycling initiatives; expected to close 2H 2025.

  • Debt financing was led by Morgan Stanley and Mizuho Bank.

  • Brookfield Infrastructure operates globally with over $1 trillion AUM via Brookfield Asset Management.

NextDecade and Aramco Ink 20-Year LNG Deal for 1.2 MTPA from Rio Grande Train 4

  • NextDecade signed a 20-year LNG sale and purchase agreement with Aramco for 1.2 million tonnes per annum (MTPA) from Train 4 at the Rio Grande LNG Facility in Texas.

  • LNG pricing is indexed to Henry Hub and contingent on a positive FID for Train 4.

  • The Rio Grande LNG project targets 48 MTPA of total capacity; Train 4 adds to existing commercial momentum.

  • NextDecade is also advancing a carbon capture initiative at the site to offer lower-carbon LNG exports.

Stonepeak Takes 40% Stake in Woodside’s 27.6 MTPA Louisiana LNG Terminal

  • Stonepeak is acquiring a 40% interest in Woodside’s Louisiana LNG Infrastructure LLC, a 27.6 MTPA LNG export terminal.

  • Project located in Calcasieu Parish, Louisiana; nearing final investment decision (FID).

  • Woodside retains operational control; Bechtel is EPC contractor.

  • Stonepeak manages $72B in AUM; Woodside is an LNG industry veteran with 35+ years of experience.

Oxy, 1PointFive Secure First-Ever DAC Class VI Permits from EPA

  • Oxy and its DAC subsidiary 1PointFive have secured Class VI CO₂ storage permits from the U.S. EPA, a first for DAC projects.

  • The STRATOS facility in Texas will capture 500,000 tonnes of CO₂ annually, targeting commercial ops in 2025.

  • Permits allow CO₂ to be stored 2,000+ feet underground in saline reservoirs.

Barrell Energy Launches Series A to Expand Smackover Lithium Holdings

  • Barrell Energy opened a Series A raise to grow Barrell Lithium’s footprint in East Texas’s Smackover lithium brine play to 40,000 acres.

  • This builds on its 3-year geological and leasing campaign and a successful November 2024 seed round.

  • The Smackover formation is seeing rising interest from Equinor and ExxonMobil as lithium demand surges.

  • The funds will also support exploration, permitting, and early drilling plans.

AIP Management Invests in Silicon Ranch, Targets 10 GW by 2030

  • Denmark-based AIP Management is investing in Silicon Ranch, a Nashville-based IPP with 3.6 GW operational and 3.7 GW in development.

  • Silicon Ranch has the largest agrivoltaics portfolio in the U.S. and targets 10 GW by 2030.

  • Existing backers include Shell and TD Asset Management.

  • AIP manages €7B in energy infrastructure assets and sees this as its second renewables platform investment.

Liberty Energy, Imperial Land & Range Resources Launch Data-Driven Power Project in Pennsylvania

  • Liberty Energy Inc., Imperial Land Corp., and Range Resources announced a strategic alliance to develop a Marcellus natural gas–powered facility in Washington County, PA.

  • The facility is designed to supply reliable, low-emission power to data centers and industrial users, directly addressing the surge in demand for scalable energy in the region.

  • Located in the Fort Cherry Development District, the site benefits from Local Economic Revitalization Tax Assistance (LERTA) incentives and proximity to key infrastructure.

Eagle Point and Energy Vault Power Up $28M Resiliency Center in California

  • Eagle Point Credit Management closed a $28 million financing for Energy Vault's Calistoga Resiliency Center, the world’s largest utility-scale ultra-long-duration energy storage site.

  • The system combines green hydrogen + lithium-ion and stores 293 MWh, capable of delivering 8.5 MW for 48 hours of backup power.

  • Includes a 10-year fixed-price tolling agreement with PG&E, offering predictable cash flows.

  • Energy Vault’s proprietary B-VAULT™ DC battery tech will be paired with hydrogen fuel cells for off-grid reliability.

Andros Capital Closes $1B Fund III for Energy PE & Credit Plays

  • Houston-based Andros Capital Partners raised $1 billion for its third energy fund, targeting PE, credit, and direct asset-level investments.

  • The firm has now surpassed $2 billion in cumulative equity commitments since launching in 2020.

  • Mandate: flexible deployment across public/private debt & equity, with a focus on oil & gas, minerals, and infrastructure.

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.