Canada Pension Plan Investment Board (CPP Investments) has agreed to invest approximately $843 million in Tallgrass Energy, a Denver-based energy infrastructure company operating a network of more than 10,000 miles of pipeline assets across 14 U.S. states.
Tallgrass is engaged in several initiatives aligned with the global transition to a lower-carbon future, including the development of carbon dioxide, hydrogen, renewable fuels and decarbonized-power assets.
In 2019, affiliates of Blackstone Infrastructure Partners closed the purchase of 100 percent of the membership interests in Tallgrass Energy’s general partner, as well as an approximately 44 percent economic interest in Tallgrass Energy.
“Over the last five years, we have worked closely with Matt Sheehy and the Tallgrass management team to develop and operate industry-defining, large-scale energy infrastructure,” said Matthew Runkle, a senior managing director and head of renewables and midstream with