Stonepeak to Acquire Allgas

December 17, 2025

Stonepeak has entered into a definitive agreement to acquire Allgas, a gas distribution network operating across Queensland, Australia. The deal is subject to regulatory approvals and is expected to close in the first half of 2026.

Buyers
Stonepeak
Targets
Allgas
Sellers
APA Group, Marubeni Corporation, other shareholders
Industry
Energy
Location
Queensland, Australia
Transaction Type
Buyout

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