Pembina has secured in excess of 40 percent of its expected Adjusted EBITDA from this project through a portfolio of long-term, primarily take-or-pay, fee-for-service and other similar commercial arrangements with third parties, having a weighted average tenor of approximately 14 years, with the majority of counterparties being investment grade. The arrangements entered into to date support development of this project firmly within Pembina's publicly stated guardrails. Further, based on ongoing negotiations currently underway, Pembina is confident in achieving its stated goal of achieving a minimum of 50 percent fee-for-service contribution to Adjusted EBITDA. The PDH/PP Facility is expected to be in-service in mid-2023, subject to environmental and regulatory approvals, and is expected to generate annual run-rate Adjusted EBITDA of $275 to $350 million, net to Pembina.