One-Page Deal Sheet
Pembina Picks Up Alberta Rail, Storage Assets
Pembina Pipeline Corp Not Disclosed
Announced Date
September 04,2013
Transaction Type
Asset
Location
Region
Canada
Country
Canada
Transaction Details: Subscribe to see
Pembina Pipeline Corporation has acquired a site in the Alberta Industrial Heartland for approximately $20 million featuring a well-designed existing rail system and utility infrastructure to support the future development of rail, terminalling and storage facilities.
The Heartland Hub is a further build-out of Pembina's larger Nexus terminal (PNT), servicing crude oil and diluent customers for terminalling, storage and rail.
The Heartland Hub will be a receipt and delivery terminal designed to capture opportunities to expand services for Pembina's customers. The site is in close proximity to…
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