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BlackRock

Company Summary

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Company Transactions

Date: 12/7/2021
Type: Acquisition

NOTES:
Saudi Aramco has signed a $15.5 billion lease and leaseback deal with BlackRock Real Assets and Hassana Investment for their gas pipeline network. The newly formed Aramco Gas Pipelines Company will lease usage rights on the gas pipelines and lease them back to Aramco for 20-years. In return for the lease, Aramco Gas Pipelines will receive a tariff for the products.
REGIONS:
  • Middle East
  • Date: 6/30/2021
    Type: Acquisition

    BUYERS:
  • BlackRock
  • SELLERS:
  • GasLog Ltd.
  • DETAILS:
    NOTES:
    GasLog Ltd. has entered into a take private agreement with BlackRock’s Global Energy & Power Infrastructure team. The deal would see BlackRock acquire all GasLog shares for $5.80/share in cash, marking a 17% premium to the February 19, 2021, closing price. Closing is set for the second quarter of 2021.
    REGIONS:
  • International
  • Date: 9/30/2020
    Type: Acquisition

    SELLERS:
  • Dow Inc.
  • DETAILS:

    COST: 620 $MM

    NOTES:
    Dow reached an agreement to divest certain U.S. Gulf Coast marine and terminal operations and assets to Vopak Industrial Infrastructure Americas, a joint venture of Royal Vopak and BlackRock's Global Energy & Power Infrastructure Fund, for $620 million. The transaction includes marine and storage terminal operations and assets at Dow’s sites in Plaquemine and St. Charles, Louisiana, and Freeport, Texas.
    REGIONS:
  • Gulf Coast
  • Date: 9/30/2019
    Type: Acquisition

    NOTES:
    KKR & BlackRock are investing $4 billion into ADNOC Oil Pipelines for a 40% interest. ADNOC will hold the remaining 60% stake.
    REGIONS:
  • Middle East
  • Date: 9/17/2019
    Type: Acquisition

    NOTES:
    BlackRock reached an agreement with Greenbacker Renewable Energy for the sale of its controlling interest in the 42.5 MW Elk and 37.5 Bethel operating wind energy facilities in Iowa.

    Date: 6/27/2019
    Type: Acquisition

    NOTES:
    ADNOC reported Blackrock and KKR have purchased a 40% stake in ADNOC Oil Pipelines for $4 billion. The pipeline company will lease ADNOC's interest in 18 crude oil and condensates pipelines across ADNOC's upstream concessions for 23 years.
    REGIONS:
  • Middle East
  • Date: 2/4/2019
    Type: Acquisition

    BUYERS:
  • Ullico Inc.
  • SELLERS:
  • BlackRock
  • DETAILS:
    NOTES:
    BlackRock reported an agreement with Ullico to sell four operating solar projects in Ontario, Canada.
    REGIONS:
  • Canada
  • Date: 12/27/2017
    Type: Acquisition

    NOTES:
    SemGroup, through Rose Rock, and NGL Energy Partners are selling their 50% stakes in Glass Mountain for $300 million each.
    REGIONS:
  • Oklahoma STACK Play
  • Midcontinent
  • Date: 8/4/2017
    Type: Acquisition

    SELLERS:
  • Gas Natural Inc.
  • DETAILS:

    COST: 13.1 Per Share

    NOTES:
    Gas Natural and First Reserve continue to expect to complete the transaction in the second half of 2017.

    Date: 6/5/2017
    Type: Acquisition