Shell completes sale of Colonial Enterprises stake to Brookfield subsidiary

This divestment underscores Shell’s commitment to focus on areas where it holds scale and competitive advantage

Shell Midstream Operating (SMUS), a subsidiary of Shell, has finalized the previously announced sale of its 16.125% stake in Colonial Enterprises to Colossus Acquire, a wholly owned subsidiary of Brookfield Infrastructure Partners and its institutional partners.

This divestment underscores Shell’s commitment to performance, discipline, and simplification, allowing the company to focus on areas where it holds scale and competitive advantage.