BRIEF-Pembina Pipeline Announces Positive Final Investment Decision On Greenlight Electricity Centre

PPL Corporation

PPL Corporation

PPL

0.00

July 2 (Reuters) - Pembina Pipeline Corp PPL.TO:

  • PEMBINA PIPELINE ANNOUNCES POSITIVE FINAL INVESTMENT DECISION ON THE GREENLIGHT ELECTRICITY CENTRE

  • PEMBINA PIPELINE CORP - GREENLIGHT ELECTRICITY CENTRE TO BE 932 MW GAS-FIRED POWER FACILITY IN ALBERTA

  • PEMBINA PIPELINE CORP - GREENLIGHT PROJECT COST EXPECTED AT $4.6 BILLION, $2.3 BILLION NET TO PEMBINA

  • PEMBINA PIPELINE CORP - PROJECT EXPECTED TO GENERATE ANNUAL RUN-RATE ADJUSTED EBITDA OF $310 MILLION NET TO PEMBINA

  • PEMBINA PIPELINE CORP - GREENLIGHT ELECTRICITY CENTRE ANTICIPATED IN-SERVICE DATE SECOND HALF OF 2030

  • PEMBINA PIPELINE CORP - GREENLIGHT TO FINANCE 60% OF PROJECT COST WITH DEBT, 40% WITH EQUITY

  • PEMBINA PIPELINE CORP: PEMBINA AND MSIP WILL FUND 50% OF GREENLIGHT'S CAPITAL

  • PEMBINA PIPELINE CORP: ALL FINANCIAL FIGURES ARE IN CANADIAN DOLLARS

Source text: ID:nBwcChSFa

Further company coverage: PPL.TO


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