News
01 June 2023

Stonepeak completes KAPS financing

In:
Oil & gas
Region:
Americas

Stonepeak Partners, via borrowing vehicle Kentucky Buyer, has raised debt facilities to partially fund its C$662.5 million ($490.3 million) acquisition of a 50% stake in Canadian NGL pipeline KAPS from Pembina Gas Infrastructure. Keyera Corp will continue to own the remaining 50% of KAPS and operate...

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