Private Equity

Energy / oil & gas

Wynnchurch Capital sells Champion Iron shares for C$172m

An affiliate of Wynnchurch Capital has sold shares of Champion Iron, a Montreal-based iron ore exploration and development business, through the facilities of the Australian Securities Exchange.

2 min read · 03 August 2021

OMERS Infra to acquire stake in Azure Power for $219m

OMERS Infrastructure has agreed to acquire a roughly 19.4 percent stake in Azure Power Global, a renewable power solutions company based in India.

3 min read · 03 August 2021

Bridgepoint funds ACT

Bridgepoint makes a minority investment in ACT, a provider of custom market-based solutions for reducing carbon footprints.

3 min read · 30 July 2021

Spartan Delta to buy PE-backed Velvet Energy for C$743m

Spartan Delta Corp has agreed to acquire Velvet Energy, a Calgary-based light-oil Montney exploration and production business.

8 min read · 29 July 2021

Alumina Partners provides C$5m facility to Canada Carbon

Toronto-based Canada Carbon, an acquirer and developer of mineral properties, has secured a drawdown equity financing facility of up to C$5 million.

2 min read · 28 July 2021

Cresta to acquire idled Come-by-Chance refinery: Reuters

US private equity firm Cresta Fund Management has agreed to buy a controlling stake in Atlantic Canada's 135,000-barrel-per-day Come-by-Chance refinery.

1 min read · 26 July 2021

Inter Pipeline prefers Brookfield's bid over Pembina's: Reuters

Calgary-based pipeline operator Inter Pipeline has decided against recommending a C$8.5 billion ($6.77 billion) deal with rival Pembina Pipeline Corp to shareholders and instead chose to pursue a higher bid from Brookfield Infrastructure Partners, Reuters reported.

1 min read · 26 July 2021

WEF-backed Strathcona buys Montney assets in Resthaven

Calgary-based oil and gas company Strathcona Resources has acquired Montney assets in the Resthaven area of Western Canada.

1 min read · 26 July 2021

Glass Lewis backs Brookfield's Inter Pipeline bid over Pembina's

Brookfield Infrastructure Partners said proxy advisory firm Glass Lewis has backed its offer for Inter Pipeline over a rival bid from Pembina Pipeline Corp.

5 min read · 23 July 2021

KKR invests in Sol Systems

KKR has made a "significant" minority investment in Sol Systems, a U.S. renewable energy solutions firm.

4 min read · 22 July 2021

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