Keyera Acquires Stonepeak’s Remaining 50% Interest in KAPS Pipeline for C$1.215 Billion
June 19, 2026
Keyera Corp. acquired the remaining 50% non-operating interest in the KAPS Pipeline from Stonepeak for C$1.215 billion, giving Keyera full ownership and operational control of the system. The transaction closed concurrently with Keyera’s announcement on June 17, 2026.
- Buyers
- Keyera Corp.
- Targets
- KAPS Pipeline (Key Access Pipeline System)
- Sellers
- Stonepeak
- Industry
- Infrastructure
- Location
- Alberta, Canada
- Transaction Type
- Buyout
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