RE:RE:So who bought Pembina's Pembina Pipeline Corp.PPL-T +0.65%increase has signed a deal to sell Pembina Gas Infrastructure’s 50 per cent interest in the Key Access Pipeline System to private equity firm Stonepeak Partners LP for $662.5-million.
Pembina Gas Infrastructure is 60 per cent owned by Pembina and 40 per cent by KKR’s global infrastructure fund.
The deal is expected to close in the first quarter of 2023, subject to approval by the Commissioner of Competition as well as other closing conditions.