M&A Deal Summary

Enbridge Acquires Sarnia Photovoltaic Power Plant

On December 1, 2009, Enbridge acquired energy services and equipment company Sarnia Photovoltaic Power Plant

Acquisition Highlights
  • This is Enbridge’s 2nd transaction in the Energy Services and Equipment sector.
  • This is Enbridge’s 1st transaction in Canada.
  • This is Enbridge’s 1st transaction in Ontario.

M&A Deal Summary

Date 2009-12-01
Target Sarnia Photovoltaic Power Plant
Sector Energy Services and Equipment
Buyer(s) Enbridge
Deal Type Add-on Acquisition

Target

Sarnia Photovoltaic Power Plant

Sarnia, Ontario, Canada
Sarnia Photovoltaic Power Plant is a solar energy plant in Sarnia.

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Buyer(S) 1

Buyer

Enbridge

Calgary, Alberta, Canada

Category Company
Founded 1949
Sector Energy Services and Equipment
Employees11,500
Revenue 43.6B CAD (2023)
DESCRIPTION
Enbridge office in West Duluth, Minnesota.
Enbridge office in West Duluth, Minnesota.

Enbridge operates a US and Canadian crude oil and liquid transportation network. Enbridge was incorporated in 1949 and is based in Calgary, Canada.


DEAL STATS #
Overall 2 of 14
Sector (Energy Services and Equipment) 2 of 7
Type (Add-on Acquisition) 1 of 4
State (Ontario) 1 of 1
Country (Canada) 1 of 2
Year (2009) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-03-16 Ocensa

Bogota, Colombia

Ocensa is a mixed economy company, with the objective of commercially designing, building, operating, managing and operating an oil transportation system. It is a strategic company for the transport of hydrocarbons in Colombia and an incentive for oil investors in the country for being a reliable operator and recognized by the standards with which it carries out its activities. Ocensa was founded in 1994 and is based in Bogota, Colombia.

Sell $418M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-02 U.S. Segment of Alberta Clipper Pipeline

United States

U.S. Segment of Alberta Clipper Pipeline is a Pipeline company of crude oil.

Buy -