One-Page Deal Sheet
Express-Platte Pipeline Goes to Spectra in $1.49B Deal
Spectra Energy Corp. Kinder Morgan, Inc.
Announced Date
December 11,2012
Transaction Type
Asset
Location
Region
Canada
Country
Canada
Country
United States
Transaction Details: Subscribe to see
Spectra Energy Corp has entered into a definitive agreement to purchase 100 percent of the ownership interests in the Express-Platte Pipeline System from Borealis Infrastructure, the Ontario Teachers’ Pension Plan and Kinder Morgan Energy Partners for $1.49 billion, consisting of $1.25 billion cash and $240 million of acquired debt.
The 1,717-mile Express-Platte Pipeline System, which begins in Hardisty, Alberta, and terminates in Wood River, Illinois, is comprised of both the Express and Platte crude oil pipelines. The Express pipeline carries crude oil to U.S. refining markets in the…
United States Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Jun-02-2021 |
-  |
- |
Click here | Midstream | |
| Dec-15-2020 |
- |
- |
Click here | Midstream | |
| Oct-19-2020 |
- |
- |
Click here | Saskatchewan | Midstream |
| Apr-14-2020 |
- |
- |
Click here | Alberta | Midstream |
| Dec-30-2019 |
- |
- |
Click here | Midstream |
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Mar-10-2026 |
- |
- |
Click here | Texas | E&P |
| Feb-26-2026 |
- |
- |
Click here | E&P | |
| Feb-18-2026 |
- |
- |
Click here | Texas | E&P |
| Feb-17-2026 |
- |
- |
Click here | Oklahoma | E&P |
| Feb-02-2026 |
- |
- |
Click here | E&P |
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Nov-04-2025 |
- |
- |
Click here | Alberta | E&P |
| Nov-06-2024 |
- |
- |
Click here | Alberta | E&P |
| Jun-29-2022 |
- |
- |
Click here | Alberta | E&P |
| Nov-29-2021 |
- |
- |
Click here | Alberta | E&P |
| May-24-2021 |
- |
- |
Click here | Alberta | E&P |