# Blackstone closes $3.2B purchase of controlling interest in Tallgrass Energy

Blackstone Infrastructure Partners closed the purchase of 100% of the membership interests in Tallgrass Energy's general partner and an approximately 44% economic interest for $3.2 billion. GIC and Enagás are minority investors in the transaction.

- Type: Acquisition
- Announced: 2019-03-11
- Where: Leawood, Kansas, United States
- Value: $3.20B
- Status: completed
- Products: midstream energy infrastructure, crude oil and natural gas transportation and storage
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Blackstone Group](https://endata.com/companies/2364.md) (acquirer)
- [GIC](https://endata.com/companies/7738.md) (investor)
- [Tallgrass Energy](https://endata.com/companies/37948.md) (target)
- [Enagás](https://endata.com/companies/37949.md) (investor)

## Sources

- [blackstone.com](https://www.blackstone.com/news/press/blackstone-infrastructure-partners-closes-purchase-of-controlling-interest-in-tallgrass-energy/), 2019-03-12: "We seek to create positive economic impact and long-term value for our investors, the companies in which we invest, and the communities in which we work."

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