One-Page Deal Sheet
AltaGas Acquires 50% Stake in BC Midstream Assets for $230MM
Altagas Limited Black Swan Energy Ltd.
Announced Date
September 26,2018
Transaction Type
Asset
Location
Region
Canada
Country
Canada
Transaction Details: Subscribe to see
AltaGas Ltd. has inked a deal with Black Swan Energy Ltd. to acquire 50% ownership in certain existing and future natural gas processing plants of Black Swan (Aitken Creek Processing Facilities in British Columbia) for $230 million.
Upon the completion of the acquisition, AltaGas and Black Swan will enter into long term processing, transportation and marketing agreements that also include new AltaGas Liquids handling infrastructure.
Infrastructure / Deal Details:Raw gas processing
Under the terms of the commercial arrangements AltaGas will acquire 50% ownership in the existing 110 MMcf/d…Canada Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Jun-02-2021 |
-  |
- |
Click here | Midstream | |
| Dec-15-2020 |
- |
- |
Click here | Midstream | |
| Oct-19-2020 |
- |
- |
Click here | Saskatchewan | Midstream |
| Apr-14-2020 |
- |
- |
Click here | Alberta | Midstream |
| Dec-30-2019 |
- |
- |
Click here | Midstream |
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Jun-11-2021 |
- |
- |
Click here | British Columbia | E&P |
| Oct-25-2020 |
- |
- |
Click here | British Columbia | E&P |
| Aug-10-2020 |
- |
- |
Click here | British Columbia | E&P |
| Jul-22-2020 |
- |
- |
Click here | British Columbia | E&P |
| Feb-24-2020 |
- |
- |
Click here | British Columbia | E&P |