04:30 PM EDT, 10/01/2025 (MT Newswires) -- KKR (KKR) is considering a potential sale of its 40% stake in Canadian midstream operator Pembina Gas Infrastructure, with the holding valued at around $7 billion, Reuters reported Wednesday, citing people familiar with the matter.

Pembina Gas Infrastructure, a natural gas processing entity in Western Canada, was founded in 2022 as a joint venture between KKR and Pembina Pipeline.

The investment firm has been working with Scotiabank in recent weeks to solicit potential buyer interest in the stake, though a sale is not guaranteed, according to the sources, Reuters said.

KKR's stake in the infrastructure venture is expected to draw interest from other alternative asset managers and infrastructure funds, the report added.

KKR, Pembina Pipeline, and Scotiabank did not immediately respond to MT Newswires' request for comment.

Shares of KKR closed nearly 2% lower on Wednesday.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)