The net purchase price is C$400 million (C$240 million net to Pembina), a considerable investment that highlights the company’s commitment to expanding its gas processing and handling capacity.

Under the agreement, PGI — a Western Canadian gas processing company jointly owned by Pembina Pipeline Corp. Pembina Pipeline Corp. logo is shown in a handout. Pembina Gas Infrastructure Inc ...

Pembina Pipeline Corp. logo is shown in a handout. Pembina Gas Infrastructure Inc. has signed a deal to buy a group of midstream assets from Veren Inc. for $400 million. PGI is owned by Pembina ...