Northleaf buys CSV Midstream, company adds assets for $470 mln
Northleaf Capital Partners has acquired CSV Midstream Solutions Corp, a Calgary-based midstream natural gas and liquids infrastructure company. Terms weren't released for the deal, which includes the Resthaven gas processing facility and Pipestone South compressor station. CSV Midstream also announced its purchase of Paramount Resources Ltd's 6-18 natural gas facility and related assets. In a separate release, Paramount said the transaction is valued at $470 million. CSV Midstream was previously backed by Apollo Global Management. Apollo invested US$500 million in 2014 to support early development of midstream assets in the Western Canadian Sedimentary Basin.
2 July 2019•3 mins read
