M&A Deal Summary |
|
---|---|
Date | 2007-01-01 |
Target | Westcoast Energy |
Sector | Oil/Gas Exploration |
Buyer(s) | Spectra Energy |
Sellers(s) | Duke Energy |
Deal Type | Divestiture |
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Category | Company |
---|---|
Founded | 2006 |
Sector | Energy Services and Equipment |
Employees | 6,000 |
Revenue | 5.2B USD (2015) |
Spectra Energy Corp. is a pipeline and midstream gas company. Spectra Energy’s operations in the United States and Canada include more than 22,000 miles of natural gas, natural gas liquids, and crude oil pipelines; approximately 305 billion cubic feet (Bcf) of natural gas storage; 4.8 million barrels of crude oil storage; as well as natural gas gathering, processing, and local distribution operations. Spectra Energy was formed in 2006 and is based in Houston, Texas.
DEAL STATS | # |
---|---|
Overall | 1 of 4 |
Sector (Oil/Gas Exploration) | 1 of 2 |
Type (Divestiture) | 1 of 2 |
Country (United Kingdom) | 1 of 1 |
Year (2007) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2010-07-16 |
Port Barre Investments
Houston, Texas, United States Port Barre Investments LLC is a provider of firm and interruptible gas storage services. |
Buy | $540M |
Category | Company |
---|---|
Founded | 1904 |
Sector | Energy Services and Equipment |
Employees | 27,859 |
Revenue | 29.1B USD (2023) |
Duke Energy is an electric power holding companies in the United States. Its regulated utility operations serve approximately 4 million customers located in five states in the Southeast and Midwest, representing a population of approximately 11 million people. Its commercial power and international business segments own and operate diverse power generation assets in North America and Latin America, including a growing portfolio of renewable energy assets in the United States. Duke Energy was incorporated in 1904 and is based in Charlotte, North Carolina.
DEAL STATS | # |
---|---|
Overall | 3 of 9 |
Sector (Oil/Gas Exploration) | 1 of 1 |
Type (Divestiture) | 2 of 6 |
Country (United Kingdom) | 1 of 1 |
Year (2007) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2006-12-29 |
Spectra Energy
Houston, Texas, United States Spectra Energy Corp. is a pipeline and midstream gas company. Spectra Energy’s operations in the United States and Canada include more than 22,000 miles of natural gas, natural gas liquids, and crude oil pipelines; approximately 305 billion cubic feet (Bcf) of natural gas storage; 4.8 million barrels of crude oil storage; as well as natural gas gathering, processing, and local distribution operations. Spectra Energy was formed in 2006 and is based in Houston, Texas. |
Sell | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2007-05-29 |
Tierra Energy - Wind Power Development Business
Austin, Texas, United States Tierra Energy LLC's wind power development business includes more than 1,000 megawatts of wind assets under development in the Western and Southwestern United States. |
Buy | - |