Global Finance News
24 Apr 2026, 12:34
Apollo Global Management announced that its funds will acquire a 40% stake in Pembina Gas Infrastructure from KKR, marking a strategic investment in one of Western Canada’s largest natural gas processing platforms. Pembina Pipeline Corporation will retain its 60% ownership and continue operating the business.
Pembina Gas Infrastructure operates extensive assets, including gas processing plants and pipeline networks, with a capacity of about five billion cubic feet per day. The transaction is expected to support further expansion of the platform as demand for energy infrastructure grows across North America.
The deal is anticipated to close by the end of the second quarter of 2026, subject to customary conditions.
Source: GlobeNewswire
Pembina Gas Infrastructure operates extensive assets, including gas processing plants and pipeline networks, with a capacity of about five billion cubic feet per day. The transaction is expected to support further expansion of the platform as demand for energy infrastructure grows across North America.
The deal is anticipated to close by the end of the second quarter of 2026, subject to customary conditions.
Source: GlobeNewswire