<p>Stonepeak has entered into a definitive agreement to acquire Allgas, a major gas distribution network in Queensland, Australia, from APA Group, Marubeni Corporation, and other shareholders. Allgas operates around 3,900 kilometers of distribution mains, supplying gas to approximately 120,000 households and businesses from Brisbane to northern New South Wales, as well as Toowoomba and Oakey. The transaction is expected to close in the first half of 2026, pending regulatory approvals. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. APA Group published the original content used to generate this news brief via Business Wire (Ref. ID: 20251215709910) on December 17, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)</p>

<p>Stonepeak has agreed to acquire Allgas, a major gas distribution network in Queensland, Australia, from APA Group and partners. Allgas serves around 120,000 households and businesses. The deal is expected to close in the first half of 2026, pending regulatory approvals.</p>

Stonepeak to Acquire Allgas from APA Group and Partners