Seven Generations Energy edges closer to IPO launch: report
Calgary's Seven Generations Energy has hired the Royal Bank of Canada and Peters & Co to help arrange an initial public offering (IPO), Bloomberg reported. Sources said that the energy company is seeking to raise more than $500 million in an IPO sometime before the end of 2014. Should this happen, the event will provide exit opportunities to the company's private equity backers, which include ARC Financial Corp, Canada Pension Plan Investment Board, KERN Partners, Natural Gas Partners and ZBI Ventures.
31 July 2014•2 mins read
