# Enbridge acquires Tallgrass Energy crude assets for US$2.55 billion

Enbridge has agreed to acquire Tallgrass Energy's crude oil transportation, gathering, storage and terminaling assets for US$2.55 billion, including a 75% interest in the Pony Express Pipeline and a 51% interest in the Powder River Gateway system.

- Type: Acquisition
- Announced: 2026-10-09
- Where: Rocky Mountains region (Wyoming, Colorado, Oklahoma), United States
- Value: $2.55B
- Status: announced
- Products: crude oil transportation, pipeline services, storage
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Enbridge](https://endata.com/companies/29898.md) (acquirer)
- [Tallgrass Energy](https://endata.com/companies/37948.md) (target)

## Sources

- [euro-petrole.com](https://www.euro-petrole.com/rocky-mountain-high-enbridge-acquires-tallgrass-energy-assets-for-us-dollars-2-55-billion-n-i-30611), 2026-10-09: "This acquisition strengthens Enbridge’s position as North America’s leading crude oil transporter and expands its footprint into the U.S. Rockies region."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.