Brookfield Infrastructure Partners L.P. (NYSE:BIP) and Blackstone Infrastructure Partners, L.P. managed by The Blackstone Group Inc. (NYSE:BX) agreed to acquire 41.1% stake in Cheniere Energy Partners, L.P. (AMEX:CQP) from Blackstone Energy Partners L.P. managed by The Blackstone Group Inc. (NYSE:BX) on August 22, 2020. The transaction is subject to certain regulatory and other approvals and is expected to close by the end of the third quarter of 2020. David Allinson, David Beller, Charlie Carpenter, Lauren Anderson, Warren Lilien, Chirag Dedania, John-Patrick Sweny, Lisa Watts, Matthew Dewitz, Les Carnegie, Brian Miller, Patrick Nevins, Tyler Brown and David Langer of Latham & Watkins LLP acted as legal advisors to Blackstone Energy Partners L.P. managed by The Blackstone Group Inc. Rothschild & Co acted as financial advisor to Blackstone Infrastructure Partners. Sean Thomas Wheeler, P.C., Cephas Sekhar, Jack Shirley, Key Hemyari and Tori Newton of Kirkland & Ellis acted as legal advisors to Brookfield Infrastructure Partners. Jefferies LLC and Morgan Stanley (NYSE:MS) acted as financial advisors to Blackstone Energy Partners L.P. Breen Haire, Ravi Purohit, Chris Brown, Drew Purcell, Jennifer Nadborny, James Rapp, Brian Robbins, Greg Grogan, Jeanne Annarumma, Patricia Adams and Parker Kelsey of Simpson Thacher & Bartlett LLP acted as legal advisors to Blackstone Infrastructure Partners. Sullivan & Cromwell LLP acted as legal advisor for Cheniere. J.D. Weinberg of Covington & Burling LLP acted as legal advisor to Rothschild & Co.

Brookfield Infrastructure Partners L.P. (NYSE:BIP) and Blackstone Infrastructure Partners, L.P. managed by The Blackstone Group Inc. (NYSE:BX) completed the acquisition of 41.1% stake in Cheniere Energy Partners, L.P. (AMEX:CQP) from Blackstone Energy Partners L.P. managed by The Blackstone Group Inc. (NYSE:BX) for $7 billion on September 24, 2020.