KKR to Acquire Significant Stake in Canada’s Coastal GasLink Pipeline Project
December 26, 2019
Coastal GasLink involves the estimated CAD
All necessary regulatory permits have been received for the Project and construction activities have commenced. Coastal GasLink is backed by 25 year Transportation Service Agreements with the five LNG Canada owners.
“We are excited to partner with TC Energy, a world class infrastructure developer, on this critical project,” said
KKR is making the investment primarily through a separately managed infrastructure account in partnership with the
About KKR
KKR is a leading global investment firm that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate and credit, with strategic partners that manage hedge funds. KKR aims to generate attractive investment returns for its fund investors by following a patient and disciplined investment approach, employing world-class people, and driving growth and value creation with KKR portfolio companies. KKR invests its own capital alongside the capital it manages for fund investors and provides financing solutions and investment opportunities through its capital markets business. References to KKR’s investments may include the activities of its sponsored funds. For additional information about
About NPS
NPS is a public pension fund in
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