Pembina and KKR form joint venture for Western Canadian gas-processing assets

Pembina Pipeline Corporation and KKR agreed to combine their Western Canadian natural gas-processing assets into a new joint venture, with Pembina owning 60% and KKR 40%. The total ascribed value is $11.4 billion.

“Pembina Pipeline Corporation announced today that it has entered into definitive agreements with Kohlberg Kravis Roberts to combine their respective Western Canadian natural gas-processing assets into a single new joint venture entity.”dbrs.morningstar.com

• 1 source
• dbrs.morningstar.comDBRS Morningstar Comments on Agreement Between Pembina Pipeline Corporation and Kohlberg Kravis Roberts To Create New Joint Venture | Morningstar DBRS ResearchBiao GongMar 1, 2022

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