PE-backed Seven Generations set to raise $810 million in IPO: Reuters
Seven Generations Energy Ltd is poised to raise $810 million via an initial public offering that priced at the lower end of a previously anticipated range, Reuters reported. The offering is set to value the company at over $5 billion. The Calgary-based company, which focuses on a liquids-rich natural gas property in northwest Alberta, is backed by Canada Pension Plan Investment Board (CPPIB) and Canadian private equity firms ARC Financial and KERN Partners, among other investors.
30 October 2014•2 mins read
