Oct. 1 at 7:56 PM
KKR Considers Selling 40% Stake in Pembina Gas Infrastructure
KKR is reportedly considering the sale of its 40% stake in Pembina Gas Infrastructure, with a potential valuation of approximately
$7 billion, according to sources cited by Reuters.
The investment firm has been consulting with Scotiabank bankers over the past weeks to assess potential buyer interest, though sources cautioned that a sale is not guaranteed at this stage.
Founded in 2022 as a joint venture with Pembina Pipeline Corp., Pembina Gas Infrastructure owns extensive gas and natural gas liquids transportation, processing, and storage infrastructure across western Canada, serving as a critical part of the region’s energy network.
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