Brookfield Perspectives
May 2025

Deal Debrief: NGPL

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The National Gas Pipeline of America, or NGPL, is one of the largest long-haul natural gas pipeline systems in North America, supporting millions of customers in the Midwest and beyond. In this Deal Debrief, Matthew Hutton, a Managing Partner in our Infrastructure group, outlines Brookfield’s ownership of NGPL, spanning three strategic phases and an eventual exit for a 3x multiple of capital invested.

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