BIP Blue Buyer, LLC

Blackstone's Acquisition of NIPSCO Equity Interest - Financing

Borrower(s)
Industry
Oil & gas/Gas -Trading
Area of finance
Project & Infrastructure Finance
Region
North America
North America
Countries
United States

Deal Overview

The financing is to support the acquisition of 19.9% equity interests and the proportional amount of Capex of NIPSCO to support electrification of the grid and renewable buildout.

Deal Volume
$725m
Financial Close
31/12/2023
Dealmakers
Sources

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Tranches

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Project Deals

NIPSCO Assets
$725m
Greenfield
Gas -Trading
North America
North America
United States