CCompany Does Not Provide H-1B Sponsorship
Colonial Pipeline runs the largest refined products pipeline in the United States, moving gasoline, diesel, jet fuel, and other liquid fuels to customers along the Southeast and East Coast. It transports fuel through an extensive pipeline network, earning revenue by charging fees for the transportation service and relies on pipeline integrity, precise routing, scheduling, and safety protocols to deliver fuels reliably. Its scale and long-standing relationships with airlines, military installations, local communities, and businesses set it apart, along with a data-driven approach to governance and stakeholder engagement that guides its operations and ESG efforts. The company’s goal is to maintain safe, dependable energy infrastructure that supports commerce, travel, and national security while continuously improving ESG outcomes.
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Industries
Company Size
1,001-5,000
Company Stage
Acquired
Total Funding
$9B
Headquarters
Alpharetta, GA
Founded
1962
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Total Funding
$9B
Above
Industry Average
Funded Over
1 Rounds
Colossus AcquireCo LLC, backed by Brookfield Infrastructure, issued $2.9 billion in senior secured debt to finance the $9.1 billion acquisition of Colonial Enterprises. S&P Global Ratings assigned a 'BBB-' issuer credit rating to Colossus and a 'BB+' rating to the $2.15 billion term loan due 2032. The stable outlook anticipates a debt to EBITDA ratio of 5.9x in 2025, improving to 5.2x in 2026, supported by Colonial's strategic role in the U.S. refined product market.
Brookfield Infrastructure Partners has acquired Colonial Pipeline for approximately $9 billion, including debt, with the deal expected to close in the second half of the year.
Brookfield Infrastructure Partners (BIP) will acquire Colonial Enterprises, owner of Colonial Pipeline, for $9 billion. The deal values Shell Midstream's share at $1.45 billion. BIP's equity investment is $500 million, about 15% of the total. Debt financing is led by Morgan Stanley and Mizuho Bank. The transaction, advised by Jefferies, Greenhill, and Morgan Stanley, is expected to close in Q4 2025, pending regulatory approvals.
Colonial Pipeline restarts main artery after fixing leak in Ga.
To date, 2024 has lacked a signature breach or attack such as SolarWinds or Colonial Pipeline.
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Industries
Company Size
1,001-5,000
Company Stage
Acquired
Total Funding
$9B
Headquarters
Alpharetta, GA
Founded
1962
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs