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One-Page Deal Sheet

AltaGas Ltd. Sells B.C. Midstream Gas Assets to Tidewater

Tidewater Inc. Altagas Limited
AnnouncedFeb 3, 2016
TypeAsset
LocationHorn River,Liard
Announced Date
February 03,2016
Close Date
March 01,2016
Transaction Type
Asset




Snapshot
Location
Region
Canada

Country
Canada

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Transaction Details:  Subscribe to see

Closing Announcement - March 1, 2016

AltaGas Ltd. announced that through its wholly owned subsidiaries, AltaGas Processing Partnership and AltaGas Holdings Inc., it has successfully completed the sale of the AltaGas Northcentral Processing Limited Partnership, a limited partnership containing certain non-core natural gas gathering and processing assets located primarily in central and north-central Alberta, to Tidewater Midstream and Infrastructure Ltd.

Total consideration received by AltaGas PP in connection with the Tidewater Disposition was $30 million in cash and 43,703,571 common shares…



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