"SemGroup is excited to have this opportunity to partner with KKR and support SemCAMS' participation in this highly strategic project," said SemGroup CEO Carlin Conner. "Together SemCAMS joint venture owners will utilize an optimal funding arrangement for all parties. The addition of this asset to SemCAMS' growing midstream portfolio is critical to providing our customers the full suite of service offerings they desire." "KKR is pleased to support SemCAMS' exciting partnership with Keyera on this critical infrastructure solution for Montney producers," said Brandon Freiman, member and head of North American Infrastructure at KKR. "The combined midstream footprints of SemCAMS and Keyera along the route of the pipeline reinforces the strategic logic of this project for both parties.