KMI and Brookfield to divest 25% stake in NGPL for $830m Share 23 February 2021 Sign up here for GlobalData's free bi-weekly Covid-19 report on the latest information your industry needs to know. Pipeline operator Kinder Morgan (KMI) and Brookfield Infrastructure Partners have agreed to jointly divest a 25% stake in Natural Gas Pipeline Company of America (NGPL) for $830m to a fund controlled by ArcLight Capital Partners. NGPL comprises nearly 14,645km of pipeline and is said to be the largest transporter of natural gas into the Chicago-area market. Upon the completion of the deal, Kinder Morgan and Brookfield Infrastructure will each hold a 37.5% interest in NGPL, while Kinder Morgan will continue to operate the pipeline project.