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Blackstone Infrastructure agrees to acquire Portland Natural Gas Transmission System

By Public Technologies
  • Blackstone Infrastructure-managed funds agreed Nov. 10, 2026, to acquire Portland Natural Gas Transmission System.
  • The sellers are funds managed by Morgan Stanley Infrastructure Partners and Global Infrastructure Partners, part of BlackRock.
  • The 296-mile, FERC-regulated pipeline delivers natural gas from Canadian and Appalachian supply basins to New England and Atlantic Canada under long-term contracts.
  • The transaction is expected to close in the first half of 2027, subject to customary closing conditions and regulatory approvals.


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