07:06 AM EST, 12/10/2024 (MT Newswires) -- Keyera ( KEYUF ) on Tuesday released its 2025 capital guidance and growth strategy for the three years to 2027.

The company's growth capital expenditures are expected to range between $300 million and $330 million. Maintenance capital is projected at $70 million to $90 million. Growth capital in 2026 and 2027 is expected to average between $350 million and $450 million.

The company said it is on track for another record year for adjusted ebitda. Keyera ( KEYUF ) expects to achieve the upper end of its compound annual growth rate (CAGR) target for adjusted ebitda, holding the Marketing segment constant, of 6% to 7% over the 2022 to 2025 time frame.

Keyera ( KEYUF ) is adjusting its growth target to a fee-based adjusted EBITDA calculation, which now excludes the Marketing segment. On this new basis, the company has implemented a target for fee-based adjusted ebitda to reach 7% to 8% CAGR through 2027.