The Globe and Mail reports in its Monday edition that LNG Canada co-owners Shell and Mitsubishi are poised to take advantage of soaring demand for infrastructure assets from the insurance arms of massive private-equity funds. The Globe's Andrew Willis writes that in January, Shell and Mitsubishi were reported to each be working on the sale of a portion of their stakes in the $18-billion liquefied natural gas export facility in Kitimat, B.C. Sources say the most aggressive bidders on the asset are a handful of PE funds, with New York-based Apollo Global Management perceived as the front-runner. Apollo, Shell, Mitsubishi and LNG Canada declined to comment on the sales process. Domestic pension-fund managers are also doing due diligence on potential investments in LNG Canada. Apollo and other PE funds are targeting the consistent, long-term returns from infrastructure such as LNG Canada as they invest on behalf of their recently acquired insurance subsidiaries. Global asset managers such as Apollo are kicking tires at LNG Canada, the most expensive corporate-based infrastructure project in the country's history. Since LNG Canada began filling tankers last year, new investors have shown an interest in the project.