BlackRock Raises $4.5 Billion for Infrastructure Investments

The assets under review were acquired over time through the company’s transactions with Concho Resources and Shell.

While companies may still favor bolt-on asset deals, falling oil prices, renewed pipeline constraints and widening heavy crude discounts are increasing the appeal of consolidation.

The U.S. government is said to favor American ownership of these assets, potentially limiting foreign competition in the bidding process.