Remove 2017 Remove Bulge Bracket Remove Financial Modeling
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Infrastructure Investment Banking: Definitions, Deals, and a Dizzying Diversity of Verticals

Mergers and Inquisitions

This makes these assets a bit lumpy in financial models because the total capacity can stay the same for years but suddenly jump up when an expansion is completed. However, MLPs have become less popular since the 2017 tax reform, and many Midstream companies have converted to C-Corporations and now pay corporate taxes.