Brookfield closes $4.3 bln take-private acquisition of Enercare

Brookfield Infrastructure has closed its acquisition of Enercare Inc (TSX: ECI), a Markham, Ontario-based home and commercial services and energy solutions company. The deal, announced in August, reflected a purchase price of $4.3 billion. As a result, Enercare's common shares will be delisted from the Toronto Stock Exchange. Founded in 2002, Enercare provides water heaters, furnaces, air conditioners and other HVAC rental products, plumbing services, electrical services, protection plans and related services. It serves about 1.6 million Canadian and U.S. customers annually.

16 October 2018•4 mins read
Feature image
LinkedInXEmail
LinkedInXEmail

Related articles