Investment Summary

AltaGas Exits AltaGas - Energy Infrastructure and Supply Assets

On January 1, 2019, invested in energy services and equipment company AltaGas - Energy Infrastructure and Supply Assets from AltaGas

Investment Highlights
  • This is transaction in the Energy Services and Equipment sector.
  • This is transaction in Canada.
  • This is transaction in Alberta.
Investment Fate
  • AltaGas - Energy Infrastructure and Supply Assets was divested to a strategic buyer in 2019.

Investment Summary

Date 2019-01-01
Target AltaGas - Energy Infrastructure and Supply Assets
Sector Energy Services and Equipment
Sellers(s) AltaGas
Deal Type Divestiture

Target

AltaGas - Energy Infrastructure and Supply Assets

Calgary, Alberta, Canada
AltaGas Ltd. - Energy Infrastructure and Supply Assets are located throughout Western Canada and include two natural gas transmission pipeline systems, five natural gas gathering and processing facilities, an LNG processing facility, and two power peaking units. The company's energy supply solutions include providing natural gas and electricity to customers in British Columbia, Alberta, Saskatchewan, Manitoba, and Ontario.

Search 214,356 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Seller(S) 1

SELLER

AltaGas

Calgary, Alberta, Canada

Category Company
Founded 1994
Sector Renewable Energy
Employees2,926
Revenue 12.4B CAD (2024)
DESCRIPTION

AltaGas is an independent Canadian midstream company that operates as a diversified operator and developer of gas and power infrastructure. Today, its gas business gathers, processes, transports, distributes, stores, and markets natural gas and natural gas liquids (NGLs), touching more than 2 Bcf/d of gas from coast to coast to coast in Canada. AltaGas was incorporated in 1994 and is based in Calgary, Canada.


DEAL STATS #
Overall 2 of 2
Sector: Energy Services and Equipment M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Alberta M&A 2 of 2
Country: Canada M&A 2 of 2
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-10 Tidewater

Calgary, Alberta, Canada

Tidewater is a diversified midstream and energy infrastructure business with transmission, transportation, processing, marketing, and terminalling assets across Alberta and B.C. Tidewater provides solutions to upstream oil and gas producers to efficiently and sustainably get their products to market using Tidewater’s unique and integrated asset base. Tidewater was founded in 2015 and is based in Calgary, Alberta.

Sell -