Plains All American Pipeline and Phillips 66 Partners Announce STACK Pipeline Joint Venture and Expansion Plans

Go back to Plains All American Pipeline and Phillips 66 Partners Announce STACK Pipeline Joint Venture and Expansion Plans

Plains All American Pipeline (PAA) Completes C$267M Acquisition of Westcoast's Canadian NGLs Business

August 4, 2016 11:03 AM EDT

Plains All American Pipeline, L.P. (NYSE: PAA) announced that its wholly owned subsidiary, Plains Midstream Canada ULC (PMC), has completed the previously announced acquisition of the Canadian natural gas liquids (NGL) business from Westcoast Energy Inc., a wholly owned subsidiary of Spectra Energy Corp, for a cash purchase price of approximately C$267 million (USD $204 million), including approximately C$67 million (USD $51 million)... More