Pembina, KKR to Merge Western Canadian Processing Assets in CA$11.4 Billion JV
Transaction Type
Sellers
Buyers
Basin
Western Canadian Sedimentary Basin
Announce Date
Post Date
Estimated Price
CA$11,400.0MM
Description
To form JV through combination of Western Canadian gas processing assets; includes Pembina's field-based natural gas processing assets, the Veresen Midstream business and Energy Transfer Canada. (Expected to close 2Q or 3Q 2022)