Plains All American Pipeline and Plains GP Holdings Provide Update on the NGL Sale Process
Keyera→Plains NGL business
May 5, 2026

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Greenbelt Capital Partners has completed the acquisition of Peak Utility Services, a utility services business in [State], for $575 million. Peak Utility Services provides utility services supporting energy infrastructure needs, aligning with Greenbelt’s energy M&A strategy in [State]. The platform acquisition expands Greenbelt Capital Partners acquisitions in the utility services sector through a focused private equity acquisition. Sound Point Capital led the $575 million financing to back the Peak Utility Services acquisition, positioning the deal as a platform acquisition for growth.
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Keyera→Plains NGL business
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