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Why Is APA Group Selling Its 20% Stake in Allgas Network Now?
8:36am on Thursday 18th of December, 2025 AEDT
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Energy Infrastructure
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Why Is APA Group Selling Its 20% Stake in Allgas Network Now?
8:36am on Thursday 18th of December, 2025 AEDT
Key Points
APA divests 20% stake in Allgas Network to Stonepeak affiliates
Transaction part of Stonepeak’s full acquisition of GDI (EII) Pty Ltd
Sale proceeds estimated at $64 million, less than 1% of APA’s FY25 underlying EBITDA
APA to provide corporate services to Allgas for up to three years post-sale
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