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APA Group Completes $62M Sale of Allgas Network Stake to Stonepeak
1:32pm on Wednesday 25th of March, 2026 AEDT
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Energy
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APA Group Completes $62M Sale of Allgas Network Stake to Stonepeak
1:32pm on Wednesday 25th of March, 2026 AEDT
Key Points
Sale of 20% equity stake in GDI (Allgas Network) completed
Transaction proceeds of $62 million to APA
Stake represented less than 1% of APA’s FY25 Underlying EBITDA
APA to provide corporate services to GDI for up to three years
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