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Enbridge to acquire Tallgrass crude oil unit

PUBLIC · ENBNov 06, 2026

Acquiring Company

Enbridge

Acquired Company

Tallgrass Energy

CalgaryNebraskaEnergyOil And GasRenewable EnergyEnergyRenewable Energy

Description

Enbridge announced a US$2.6 billion acquisition of Tallgrass Energy LP's crude oil business, expanding its Liquids Pipelines footprint with a Rockies-to-Cushing platform. The same quarter, Enbridge also announced and closed a US$0.6 billion purchase of Salt Creek Midstream's crude oil gathering business. The company completed a $3.0 billion common equity offering to partially fund the acquisitions.

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Company Information

Company

Enbridge

Location

200, 425 - 1st Street S.W.

Calgary, Alberta, Canada

About

Enbridge Inc., a Canadian Company, is a North American leader in delivering energy.

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Frequently asked

Who acquired Tallgrass Energy?

Tallgrass Energy was acquired by Enbridge, based in Calgary. The deal was reported on November 6, 2026. Enbridge Inc., a Canadian Company, is a North American leader in delivering energy. Enbridge is publicly traded (ENB) and operates in Energy.

When did Enbridge acquire Tallgrass Energy?

Enbridge's acquisition of Tallgrass Energy was reported on November 6, 2026. Enbridge announced a US$2.6 billion acquisition of Tallgrass Energy LP's crude oil business, expanding its Liquids Pipelines footprint with a Rockies-to-Cushing platform. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Tallgrass Energy do?

Tallgrass Energy is a Kansas-based company focused on infrastructure projects, particularly in the energy sector. They are known for their innovative approach to community engagement and revenue-sharing programs. It is privately held, operating in Energy, and is based in Nebraska.

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