The pipelines are backed by 20 years of usage contracts to guarantee cash flow.
Tuesday, June 23, 2020
Abu Dhabi’s ADNOC Sells 49% of Natural Gas Pipeline for $10.3B
Abu Dhabi’s ADNOC Sells 49% of Natural Gas Pipeline for $10.3B to GIP, GIC, Brookfield, OTPP and others.
Tuesday, June 16, 2020
Saturday, June 6, 2020
S&P 500 Erases Loss for Year 2020 After Incredible 50 Day Rally
The furious stock-market rally, already the best-ever over 50 trading days through Tuesday, on Friday pulled the S&P 500 just about even for the year. Including dividends, the index has made you money in 2020, after a 37% collapse, a global pandemic and in a still-constrained economy.
Thursday, June 4, 2020
Amazon in talks to Pay $2B for 5% Stake in Indian Telco Bharti Airtel
Amazon (AMZN) in talks to Pay $2B for 5% Stake in Indian Telco Bharti Airtel. The planned investment, if completed, would mean Amazon acquiring a roughly 5% stake based on the current market value of Bharti, which is India’s third-largest telecoms company with more than 300 million subscribers.
Tuesday, June 2, 2020
Brookfield, GIP near $15B Abu Dhabi gas pipeline deal - FT
Brookfield, GIP near $15B Abu Dhabi gas pipeline deal - FT.
Brookfield, GIP Consortiums each would invest at $15B valuation for 49% stake each. The GIP consortium also includes Italian infrastructure operator Snam SpA, Ontario Teachers’ Pension Plan, Singapore sovereign fund GIC Pte and South Korea’s NH Investment & Securities Co.
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