Natural Resources

CDPQ to increase Énergir stake with Enbridge's C$1.14bn sale

Caisse de dépôt et placement du Québec has agreed to increase its majority stake in Énergir, a Montreal-based diversified energy business.

Ontario Teachers', IFM close C$2.8bn acquisition of Enwave

Civitas to buy CPPIB-backed Crestone for $1.3bn: Reuters

Civitas Resources, the US oil and gas producer being formed through the merger of Bonanza Creek Energy and Extraction Oil & Gas, has agreed to buy Crestone Peak Resources for $1.3 billion, including debt, sources told Reuters.

PE-backed Shermco acquires Sigma Six and Innovative Electric

Shermco, which is backed by Gryphon Investors, has acquired two Washington-based electrical specialty businesses: Sigma Six Solutions and Innovative Electric.

Pearce Renewables buys Mortenson Energy Services

Pearce Renewables has acquired Mortenson Energy Services, a provider of renewable energy repair and maintenance services.

Brookfield increases bid to acquire Inter Pipeline: Reuters

Brookfield Infrastructure Partners has raised its hostile bid to buy Inter Pipeline to C$8.48 billion ($7.02 billion), topping Pembina Pipeline Corp’s C$8.3 billion offer to buy the Calgary-based oil and gas transportation company, Reuters reported.

ECP buys solar developer Pivot Energy

ECP has acquired Pivot Energy, a national commercial and community solar developer.

Pembina Pipeline to buy rival Inter Pipeline: Reuters

Pembina Pipeline Corp said it would buy rival Inter Pipeline in an all-stock C$8.3 billion deal to create one of Canada's top energy infrastructure companies, Reuters reported.