Shell completes sale of interest in Colonial Enterprises Inc. to Brookfield subsidiary

Shell Midstream Operating LLC (SMUS), a subsidiary of Shell plc (“Shell”), has completed the previously announced sale.

of its 16.125% interest in Colonial Enterprises, Inc. (“Colonial”) to Colossus AcquireCo LLC, a wholly owned subsidiary of Brookfield Infrastructure Partners L.P. and its institutional partners (collectively, “Brookfield”).

The divestment reflects Shell’s focus on performance, discipline and simplification and enables the company to concentrate on areas where it has scale and competitive advantage.