Investors

Alinda joins $1bn Louisiana pipeline joint venture

The New York-based infrastructure fund manager will pay $526.5m in cash for a 50% stake in the Haynesville Expansion joint venture, which is being sponsored by midstream energy partnership Regency Energy Partners.

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Alinda Capital Partners is forming a $1 billion joint venture with Regency Energy Partners and an affiliate of GE Energy Financial Services to finance and construct a pipeline in Northern Louisiana.

Alinda will pay $526.5 million in cash for a 50 percent stake in the Haynesville Expansion joint venture.