Pembina Pipeline Corporation (PMBPF)
- Business Wire
Pembina Pipeline Corporation Announces Conversion Results for Series 5 Preferred Shares
CALGARY, Alberta, May 17, 2024--Pembina Pipeline Corporation ("Pembina") (TSX: PPL; NYSE: PBA) announced today that none of Pembina's Cumulative Redeemable Rate Reset Class A Preferred Shares, Series 5 ("Series 5 Shares") (TSX: PPL.PR.E) will be converted into Cumulative Redeemable Floating Rate Class A Preferred Shares, Series 6 of Pembina ("Series 6 Shares") on June 1, 2024.
- Zacks
Pembina (PBA) Targets June Investment Decision for Cedar LNG
Pembina's (PBA) $4 billion Cedar LNG project with Haisla First Nation secures permits and progresses toward a June investment decision, aiming for a 2028 completion.
- Reuters
Canada's Pembina Pipeline expects investment decision on Cedar LNG project in June
Cedar, a joint venture between indigenous community Haisla First Nation and Pembina, would produce 3.3 million tons of liquefied natural gas (LNG) per annum after completion in 2028. Reuters reported earlier this month that Pembina was in discussions with China's Sinopec about an offtake agreement from the Cedar LNG project, located in Kitimat, British Columbia.
