Brookfield’s Rockpoint Gas Storage Is Said to Weigh Toronto IPO

Rockpoint Gas Storage, Brookfield Asset Management’s North American natural gas storage platform, is weighing an initial public offering in Canada, according to people familiar with the matter.

Royal Bank of Canada and JPMorgan Chase & Co. are working on the potential first-time share sale, the people said. A listing could come as soon as in September, one of the people said, asking not to be identified as the information is private.

Deliberations are ongoing, details of the offering could change and more banks may be added to the lineup, the people said. Representatives for Brookfield and JPMorgan declined ...