Kinder morgan and brookfield infrastructure announce minority interest sale in natural gas pipeline company of america llc

Houston--(business wire)--kinder morgan, inc. (nyse: kmi) and brookfield infrastructure partners l.p. (nyse: bip; tsx: bip.un) (brookfield infrastructure) today jointly announced that they have agreed to sell a 25% minority interest in natural gas pipeline company of america llc (ngpl) to a fund controlled by arclight capital partners, llc (arclight) for $830 million. the proceeds will be shared equally between kmi and brookfield infrastructure. the value of the minority interest implies an ent
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