One-Page Deal Sheet
Plains to Acquire Canadian Midstream NGL Assets from Spectra
Plains All American Pipeline, L.P. Spectra Energy Corp.
Announced Date
April 04,2016
Transaction Type
Asset
Transaction Details: Require Private Equity Subscription
Spectra Energy Corp announced its indirect subsidiary, Westcoast Energy Inc., has entered into a definitive agreement to sell its ownership interests in Spectra Energy's Canadian natural gas liquids (NGL) business to Plains Midstream Canada ULC, a large-scale, experienced operator in the Canadian NGL space, for a cash purchase price of approximately C$200 million (US$150 million) plus customary closing adjustments.
The transaction includes Westcoast’s Canadian NGL integrated system of assets, consisting of the Empress NGL extraction and fractionation facility, the PTC transmission pipeline…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Jun-02-2021 |
-  |
- |
Click here | Midstream | |
| Dec-15-2020 |
- |
- |
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| Oct-19-2020 |
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- |
Click here | Saskatchewan | Midstream |
| Apr-14-2020 |
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Click here | Alberta | Midstream |
| Dec-30-2019 |
- |
- |
Click here | Midstream |