COVID Stimulus Watch Individual Entry

Recipient Company:

Rockies Express Pipeline LLC

Loan or Loan Guarantee Amount:

$1,018,300

Recipient Details

Ownership Structure: publicly traded (ticker symbol NYSE: BX)

Award Date: Oct 21, 2020

Award Type: loan

Award Details: Amount represents the purchase price of company bonds bought by the Fed.

Program Name: Secondary Market Corporate Credit Facility

Legislation: CARES

Awarding Agency: Federal Reserve

Data Source for Award:

Parent Company: Blackstone

Headquartered in: New York

Parent Sector: private equity (including portfolio companies)

Parent Industry: private equity (including portfolio companies)

Employees (prior to pandemic): 1,250

Employment-related Penalties: $28,044,193

Government-contracting-related Penalties: $100,500,000

Environmental / Healthcare / Safety Penalties: $1,725,768

Consumer Protection / Financial / Competition-related Penalties: $72,514,942

Ratio of CEO Pay to that of Median Worker: 265 to 1

CEO Compensation: $57,073,953

Worker Median Pay: $215,000

Total Federal, State, and Local Subsidies: $38,309,559