Brookfield-owned Enwave expands in Canada with Veresen deal
Enwave Energy Corp has closed its acquisition of the district energy systems in London, Ontario and Charlottetown, Prince Edward Island from Veresen Inc, a Calgary energy infrastructure company. No financial terms were released. Toronto-based Enwave, an integrated energy services provider, said the deal expands its network and capabilities as well as its presence across Canada. Enwave is owned by Brookfield Asset Management and its institutional partners. Brookfield acquired the business from Borealis Infrastructure and the City of Toronto for $480 million in 2012.
5 July 2017•2 mins read
