M&A Deal Summary |
|
|---|---|
| Date | 2010-07-16 |
| Target | Port Barre Investments |
| Sector | Utilities |
| Buyer(s) | Spectra Energy |
| Sellers(s) | Haddington Ventures |
| Deal Type | Add-on Acquisition |
| Deal Value | 540M USD |
SEARCH BY
Try For Free 7-Day Free Trial
| 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 | 2 of 4 |
| Sector (Utilities) | 1 of 1 |
| Type (Add-on Acquisition) | 1 of 2 |
| State (Texas) | 1 of 3 |
| Country (United States) | 1 of 3 |
| Year (2010) | 1 of 1 |
| Size (of disclosed) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-01-01 |
Westcoast Energy
Vancouver, United Kingdom Westcoast Energy Inc. is a major Canadian corporation and a leader in the North American natural gas industry with interests in gas pipelines, processing, storage, distribution, power generation and gas services businesses. The company has assets of approximately $8 billion. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-03-14 |
Express-Platte Pipeline System
Texas, United States The Express-Platte Pipeline System, which begins in Hardisty, Alberta, and terminates in Wood River, Illinois, includes the Express and Platte crude oil pipelines. The Express pipeline carries crude oil to refining markets in the Rocky Mountain states. The pipeline’s capacity is 280,000 barrels a day. The Platte pipeline, which interconnects with the Express pipeline in Casper, Wyoming, transports crude oil predominantly from the Bakken and Western Canada to refiners in the Midwest. Platte’s capacity ranges from 164,000 barrels a day in Wyoming to 145,000 barrels a day in Illinois. |
Buy | $1.5B |
| Category | Private Equity Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 550M USD |
| Size | Middle-Market |
| Type | Sector Focused |
Haddington Ventures is a specialist private equity firm focused on investments in the midstream energy sector. Specific areas of interest within midstream include gathering and separation; processing treating and separation; storage; and pipelines. Haddington targets control investments that require equity investments of $20 to $70 million with an enterprise value of up to $250 million. Haddington Ventures was formed in 1998 and is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 11 |
| Sector (Utilities) | 2 of 3 |
| Type (Add-on Acquisition) | 5 of 6 |
| State (Texas) | 2 of 5 |
| Country (United States) | 6 of 11 |
| Year (2010) | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-01-01 |
Magnum Energy
Holladay, Utah, United States Magnum Energy is multi-purpose integrated energy storage and power generation project that is being developed to serve natural gas liquids, refined products, natural gas, and power markets in the Western United States. Magnum Energy is based in Holladay, Utah. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-12-01 |
Continental Gas Storage BV
Den Haag, Netherlands Continental Gas Storage (CGS) was established to provide non-integrated flexible gas storage and services to customers such as gas producers, power producers, natural gas distribution companies and large end users of natural gas. |
Buy | - |
