Private Equity

Energy / oil & gas

Superior closes purchase of Kamps Propane, Kiva Energy stakes

Superior Plus Corp has completed its acquisition of equity interests in Kamps Propane and Kiva Energy for about $240 million (C$302 million).

2 min read · 24 March 2022

AIMCo to up stake in Western Energy Services in debt conversion

Alberta Investment Management Corp has agreed to convert C$100 million of debt into equity in a debt restructuring deal with Western Energy Services Corp, a Calgary-based oilfield service company.

4 min read · 22 March 2022

PE-backed oil producer Serafina Energy weighs sale: Reuters

Calgary-based oil producer Serafina Energy is looking at a possible sale, figuring that high crude prices will boost its value, Reuters reported.

1 min read · 17 March 2022

Waterous-backed Strathcona acquires Caltex, Stickney

Strathcona Resources, backed by Waterous Energy Fund, has completed its acquisitions of Calgary-based oil company Caltex Resources and Stickney Resources.

3 min read · 14 March 2022

TC Energy options Coastal GasLink stake to Indigenous groups

Calgary's TC Energy Corp has signed option agreements to sell a 10 percent interest in the Coastal GasLink, a natural gas pipeline under construction in British Columbia.

3 min read · 14 March 2022

TPG Rise invests in Monarch Bioenergy

TPG Rise has made an investment in Monarch Bioenergy, a renewable natural gas producer.

4 min read · 11 March 2022

Greenbelt backs ION Solar

ION Solar, a provider of rootop solar sales and installations, has raised an undisclosed amount of funding.

3 min read · 08 March 2022

Macquarie-led consortium to acquire France's Reden Solar

Macquarie Asset Management, in a consortium with British Columbia Investment Management Corp and MEAG, has agreed to acquire Reden Solar from InfraVia Capital Partners and Eurazeo.

3 min read · 08 March 2022

Brookfield, Cannon-Brookes walk away from AGL deal: Reuters

AGL Energy has rejected a sweetened A$5.4 billion ($4 billion) takeover proposal from Brookfield Asset Management and Mike Cannon-Brookes, saying it still undervalued Australia’s top power producer, Reuters reported.

1 min read · 07 March 2022

Ares invests in SB Energy

SB Energy, a utility scale solar, energy storage, and technology platform, has secured an investment of $600 million.

3 min read · 07 March 2022

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