Canada Pension Plan Investing $843M in Tallgrass Energy, REX

We spotted some news that, on the surface, may not appear to be connected to the Marcellus/Utica, but we think it is. The Canada Pension Plan Investment Board (CPP Investments) is investing approximately $843 million (CAD 1.2 billion) in Denver, Colorado-based Tallgrass Energy. CPP is a major investor in the Utica Shale (via Encino Energy), and Tallgrass is the owner and operator of the Rockies Express (REX) pipeline that flows Marcellus/Utica gas to the Midwest.

To view this content, log into your member account. (Not a member? Join Today!)