Patrick Kenny

Praneeth Satish

Robert Catellier

Robert Hope

Aaron MacNeil

Benjamin Pham

Jeremy Tonet

Maurice Choy

Theresa Chen

Spiro Dounis

Sumantra Banerjee

Andrew John O'Donnell

Ben Pham

Manav Gupta

Robert Kwan

- Pembina Pipeline Corporation (PBA) provided an update on the **Greenlight Electricity Centre**, a multi-phased gas-fired combined cycle power generation facility in Alberta with a capacity of up to **1,800 megawatts (MW)**, developed in partnership with Kineticor.  **[1546066_0001546066-25-000067_october62025pressrelease.htm:0]** 
- The project has secured a **907 MW allocation** from the Alberta Electric System Operator (AESO) for a potential customer, with grid connection and power access anticipated as early as **2027**.  **[1546066_0001546066-25-000067_october62025pressrelease.htm:1]** 
- A conditional land purchase and sale agreement with the customer is expected to close in **Q4 2025**, generating approximately **$190 million (net to Pembina)**, with proceeds to be used for project development and debt reduction.  **[1546066_0001546066-25-000067_october62025pressrelease.htm:1]** 
- A Final Investment Decision (FID) for the project is targeted for the **first half of 2026**, with project start-up anticipated as early as **2030**.  **[1546066_0001546066-25-000067_october62025pressrelease.htm:1]**

Pembina Pipeline Provides Update on Greenlight Electricity Centre Project

- The Canada Energy Regulator (CER) has **approved a negotiated settlement** between Alliance Pipeline Limited Partnership and shippers for the Canadian portion of the Alliance Pipeline.  **[1546066_0001546066-25-000064_september162025pressrelease.htm:0]** 
- This approval establishes a **just and reasonable tolling structure** for the Alliance Pipeline for the **next ten years**.  **[1546066_0001546066-25-000064_september162025pressrelease.htm:0]** 
- Pembina's President and CEO, Scott Burrows, stated that the company aims to maximize the value of this **critical North American energy infrastructure asset**.  **[1546066_0001546066-25-000064_september162025pressrelease.htm:0]** 
- The Alliance Pipeline is a **3,850 km integrated Canadian and U.S. natural gas transmission pipeline** that delivers an average of **1.7 bcf/d of liquids rich gas**.  **[1546066_0001546066-25-000064_september162025pressrelease.htm:0]**

Pembina Pipeline Receives Canada Energy Regulator Approval for Alliance Pipeline Settlement

PEMBINA PIPELINE (PBA)