Hydro One to acquire assets of Peterborough Distribution Inc. for $105M
Hydro One Inc. will pay the City of Peterborough $105 million for the acquisition.
Power & Utilities
Just Energy Group closes acquisition of EdgePower Inc.
Just Energy Group Inc. closed acquisition of EdgePower, a energy monitoring and management company operating out of Aspen, Colorado for up to $20M
Alaska Hydro announces $200K private placement
Alaska Hydro Corporation intends to close a private placement of up to 4,000,000 units at $0.05 per units for gross proceeds of up to $200,000
TransCanada to sell retail contracts to EDF Energy Services
TransCanada Corporation (TSX/NYSE: TRP) entered into an agreement to sell its outstanding U.S. retail power contracts to EDF Energy Services, LLC for undisclosed amount.
Enbridge completes $500M preferred share offering
Enbridge Inc. (TSX/NYSE: ENB) closed public offering of 20 million Cumulative Redeemable Minimum Rate Reset Preference Shares, Series 19 for gross proceeds of $500 million. Scotiabank, BMO Capital Markets, CIBC Capital Markets and National Bank Financial led the offering.
Enbridge completes $1.5B offering
Enbridge Inc. (TSX/NYSE: ENB) completed private placement of 33,456,003 common shares for gross proceeds of approximately $1.5 billion
Emera announces $700M bought deal
Emera Incorporated (TSX: EMA) engaged RBC Capital Markets, CIBC Capital Markets, Scotiabank and TD Securities Inc. fo a bought deal of4,614,000 common shares at $47.90 per share for gross proceeds of $700,010,600
EPCOR Utilities completes $40M debt financing
EPCOR Utilities Inc. completed a public offering in Canada of unsecured medium term note debentures in the aggregate principal amount of C$400 million.
Algonquin Power & Utilities announces $500M bought deal offering
Algonquin Power & Utilities Corp. (TSX/NYSE: AQN) engaged Scotiabank, CIBC Capital Markets and TD Securities Inc. for a bought deal of 37,800,000 common shares at $13.25 per share for gross proceeds of $500 million
AltaGas closes $450M medium-term note offering
AltaGas Ltd. (TSX: ALA) completed previously announced aggregate $450 million issue of senior unsecured medium-term notes
