Milbank LLP advised the debt financing sources in connection with the financing to support Stonepeak Partners’ acquisition of a 50% equity interest in Canada’s Key Access Pipeline System (“KAPS”) connecting Northwest Alberta to energy hubs in Edmonton and Fort Saskatchewan, from a subsidiary of Pembina Gas Infrastructure. Keyera Corp. (TSX: KEY) will continue to own the remaining 50% of KAPS and operate the asset. The Milbank team advising on the financing was led by New York-based Global Project, Energy and Infrastructure Finance partners, Dan Michalchuk and Sean O’Neill, together with Global Leveraged Finance partners Marcus Dougherty and Benjamin Sayagh along with associates Nicole Rose, Sharanyaa Kruti Vasa and Johann Sarna, with advice from Alternative Investments Practice partner John Williams and associate Devan Zorn.