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Mergers & AcquisitionsMedium•29 April 2026•

1 min read

Ares Management Acquires Blackstone's Stake in Rover Natural Gas Pipeline

Key Facts

1Ares Management announced it has acquired a stake in the Rover natural gas pipeline from a unit of Blackstone.

2The financial terms and the specific sum of the acquisition for the energy infrastructure stake were not disclosed.

Ares Management has officially announced the acquisition of a stake in the Rover natural gas pipeline from a subsidiary of Blackstone. The financial terms and the specific size of the equity stake in the energy infrastructure asset were not disclosed to the public. This transaction highlights the increasing investment appetite for U.S. energy infrastructure among leading private equity firms. The Rover pipeline serves as a critical artery for natural gas transportation, significantly bolstering Ares's portfolio in the energy sector. While the deal represents a major shift in ownership, the lack of disclosed financial details may limit immediate market volatility. This move underscores a strategic reallocation of assets between global investment giants within the natural gas industry.