Plains Midstream sells Canadian NGL business to Keyera for $3.75 billion

Keith Fullenweider Chair Vinson & Elkins
Keith Fullenweider Chair - Vinson & Elkins
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Vinson & Elkins provided legal counsel to Plains All American Pipeline, L.P. in the sale of its Canadian natural gas liquids business to Keyera Corp. The transaction was valued at approximately $5.15 billion CAD.

The legal team from Vinson & Elkins was led by partners Caroline Kuehn and Doug Bland. They were supported by partners Nettie Downs, Dave Oelman, and Scott Rubinsky, senior associate Zach Parker, and associates Vestita Zumot, Rammy Allouche, Caroline Oakley, and Hope Kaady. Additional contributions came from partners Darren Tucker and Kara Kuritz; counsel Ryan Will; associate Adam Thomas; partners Ryan Carney, David Peck, Wendy Salinas; counsel Curt Wimberly; associates Keleigh Carver and Erin Fant; partners David D’Alessandro and Dario Mendoza; counsels Missy Spohn and Heather Reynolds Johnson; associate Reagan McGinnis; partner Becky Baker; senior associate Peter Goetschel; partner Matt Dobbins; associate Ryan Vanderlip; partner Caitlin Turner; counsel Noelle Alix; associates Hayley Johnson, Ben Wilken, Taylor Kopriva, Lucy Briody; partner Sarah Mitchell and counsel Alexander Baker. Other members included partners Randall Johnston and Joyce Adetutu with associate Claire Connor as well as partner Suzanne Clevenger with associate Ryan Hoeffner along with counsel Rajesh Patel.

This strategic move marks a significant development in the energy sector involving major players in the industry.



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