Kanata Energy Scores $330M Financing from PE Consortium

Calgary, Alberta-based Kanata Energy Group Ltd. has established itself as a new midstream infrastructure and service company with the closing of a C$330 million financing from a consortium of Canadian and US private equity firms. ARC Financial Corp., the Dallas, Texas-based Energy Spectrum Capital, and Teachers' Private Capital jointly backed the Kanata management team, which has a track record in Western Canada's energy industry and in building and operating midstream infrastructure assets.

1 February 2013•3 mins read
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