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- AltaGas agrees to acquire Tidewater’s natural gas assets in Canada
Under the deal, AltaGas will acquire Tidewater Midstream and Infrastructure’s Pipestone Natural Gas Processing Plant Phase I and Phase II expansion project; the adjacent Dimsdale natural gas storage facility; the Pipestone condensate truck-in truck-out terminal; and the associated gathering pipeline systems to operate these assets
- Tidewater Midstream | News
Following the Transaction, the Corporation will continue to focus on surfacing value across its remaining midstream, downstream, and renewable fuels assets Subject to completion of customary conditions, AltaGas will acquire Pipestone and Dimsdale for total consideration of $650 million plus the assumption of power leases at Pipestone
- AltaGas’ Acquisition of Tidewater Midstream Assets: A Comprehensive . . .
In a move that could significantly redefine its market position, AltaGas (TSX:ALA) announced on August 31, 2023, its plans to acquire an extensive array of assets from Tidewater Midstream
- Altagas to acquire Pipestone and Dimsdale natural gas . . . - NS Energy
AltaGas has agreed to acquire Pipestone and Dimsdale natural gas assets in Canada, from Tidewater Midstream and Infrastructure, for a total consideration of C$650m ($481 7m) The acquisition includes Pipestone natural gas processing plant Phase 1 and Phase 2 expansion project, and Dimsdale Natural Gas Storage Facility
- Canadas AltaGas to buy natural gas assets from Tidewater for C$650 mln
Under the new agreement, AltaGas will buy the Pipestone Natural Gas plant, Dimsdale natural gas storage facility and the associated pipeline systems required to operate these assets Shares of Tidewater jumped 6 2% to C$1 and AltaGas was up 0 7% at C$26 49 in morning trade
- Tidewater Midstream and Infrastructure Ltd. announces the closing of . . .
Tidewater is traded on the TSX under the symbol “TWM” Tidewater’s business objective is to profitably grow and create shareholder value in the North American natural gas, natural gas liquids, crude oil, refined product and renewable energy value chain
- ALTAGAS ENTERS AGREEMENT TO ACQUIRE PIPESTONE NATURAL GAS PROCESSING . . .
To facilitate reaching FID, AltaGas and Tidewater have entered into an agreement to create a new joint venture (the "Pipestone Joint Venture") to advance the final steps required to develop and construct the project
- Tidewater Midstream Picks Up 50% Interest in Gas Pipeline Storage Assets
Tidewater Midstream has entered into an deal to acquire an approximate 50% working interest in 150 km of gas gathering pipelines which are directly connected to Tidewater's existing Brazeau River Complex (the BRC), in addition to The deal includes three proven natural gas storage reservoirs that ar
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