Blackstone, KKR and Brookfield agree $16bn Kuwait pipeline investment

Blackstone, KKR, and Brookfield have made a significant move by agreeing to invest around $16 billion to acquire a 49% stake in a joint venture focused on Kuwait’s national oil pipeline network. This deal underscores the growing importance of global infrastructure investments and highlights the trio's commitment to long-term growth in energy-related sectors. Such a substantial investment reflects confidence in Kuwait's energy infrastructure and its potential to deliver substantial returns amid a changing global energy landscape.