M&A Deal Summary |
|
|---|---|
| Date | 2022-05-26 |
| Target | AltaGas Alaskan Utilities |
| Sector | Oil/Gas Exploration |
| Buyer(s) | TriSummit Utilities |
| Sellers(s) | SEMCO Energy |
| Deal Type | Divestiture |
| Deal Value | 800M USD |
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| Category | Company |
|---|---|
| Founded | 2011 |
| Sector | Utilities |
| Employees | 431 |
| Revenue | 309M CAD (2018) |
TriSummit Utilities is a natural gas distribution utility company, with rate-regulated utilities in Alaska, British Columbia, Alberta and Nova Scotia. TriSummit Utilities was founded in 2011 and is based in Calgary, Alberta.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Oil/Gas Exploration M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Alaska M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2022 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| Category | Company |
|---|---|
| Sector | Energy Services and Equipment |
Semco Energy Inc. indirectly holds a regulated gas distribution utility in Alaska through Enstar Natural Gas Co. and an interest in Cook Inlet Natural Gas Storage Alaska LLC, a regulated gas storage utility under construction.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Oil/Gas Exploration M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Alaska M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2022 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
