Blackstone launches effort to take Tallgrass Energy private

Blackstone Infrastructure Partners is taking steps to make Tallgrass Energy LP, part of which is based in Leawood, a private company. 

Blackstone and its partners and affiliates issued a preliminary proposal letter Tuesday to acquire for cash all the outstanding Class A shares of Tallgrass Energy at $19.50 a share, according to a release. 

Blackstone already holds about a 44% stake in Tallgrass Energy, a publicly traded entity that receives earnings related to investments in midstream energy…

share:

more energy news

Send Us A Message