Tag: Pembina
Pembina Pipeline, Veresen merge becoming one of largest Canadian energy infrastructure firms
All regulatory conditions have been satisfied prior to closing Pembina Pipeline Corporation announced a business combination with Veresen Inc. to create one of the largest energy infrastructure companies in Canada, according to a press release. “With increased size and scale, the combined companies create a platform in which we can pursue expanded growth opportunities while continuing to […]
Canada’s existing buildings hold key to climate targets – Pembina
Clear strategy for energy-efficiency upgrades needed for deep emissions reductions Governments at all levels in Canada are moving toward requiring new homes and buildings to be constructed to low-carbon, ultra energy-efficient standards by 2030, according to a Pembina Institute study. But Canada still lacks a comprehensive strategy to achieve the significant reductions in carbon pollution from existing buildings that […]
Calgary’s Pembina Pipeline buys Veresen for $9.7 billion, creates $33 billion company
Acquisition expected to close late in 3rd quarter or early in 4th quarter of 2017 Pembina Pipeline Corporation and Veresen Inc. announced they entered into an agreement to create one of the largest energy infrastructure companies in Canada with a pro-forma enterprise value of approximately $33 billion, according to a press release. The cash portion of the […]
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