Chesapeake Opportunity Spurs GIP's Shale AppetiteJune 2012 | Company News Alert
The acquisition of Chesapeake's pipeline network will align nicely with Global Infrastructure Partners (GIP)'s existing portfolio of energy assets, as the private equity firm acquires an impressive array of midstream and downstream facilities. This move - by one of the industry's heavy-weights - also supports our bullish view on the inherent earnings potential on offer in the midstream North American space. For Chesapeake, the deal will offer a much-needed cash injection and highlights the impact of the rapidly changing management landscape on the company.
To read the full article, please choose one of the following options: