Shell (SHEL.US) LNG Canada project warms up Three major alternative asset management giants vie for North America's "Pacific Energy Gateway"

date
30/04/2026
Zhitong Finance and Economics App learned that top alternative asset management companies around the world are staging a "Romance of the Three Kingdoms" for one of the most strategic energy infrastructure assets in North America. According to three informed sources, Apollo Global Management (APO.US), Blackstone (BX.US), and KKR (KKR.US) are fiercely competing to acquire a significant stake in the LNG Canada project from energy giant Shell (SHEL.US). The transaction is estimated to be valued at over $10 billion, with the possibility of reaching as high as $15 billion.