AP:
Private equity firms are snapping up energy infrastructure assets like pipelines and storage facilities, which are some of the few buyouts likely to attract financing as credit markets remain in a deep freeze.
Firms keen to put capital to work say their ability to spend immediately on infrastructure makes them ideal buyers when energy companies jettison assets, as with First Reserve's recent deal to buy a 20 million-barrel storage terminal off the Florida coast -- the Caribbean's largest.
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