Craig Spurn

Energy Transfer Canada in connection with Pembina Pipeline Corporation and KKR’s joint venture to merge Western Canadian processing assets

On August 15, 2022, Pembina Pipeline Corporation completed its joint venture with KKR to combine their respective western Canadian natural gas processing assets into a single, new joint venture entity called “Newco”. Included in this transaction are Pembina's...

Lead Office: Calgary Date Closed: 15 August 2022 Value: $11.4 billion

Acting for KKR and AIMCo in their joint acquisition of a combined 65% equity interest from TC Energy in the $6.8B Coastal GasLink Pipeline Project

On December 26, 2019, KKR announced the signing of an agreement (alongside Alberta Investment Management Corporation) to acquire a 65% equity interest in the Coastal GasLink Pipeline Project from TC Energy Corporation. KKR’s investment will be made through a separately managed...

Lead Office: Calgary Date Closed: May 22, 2020 Value: -

SemGroup in its $5 billion acquisition by Energy Transfer LP

On September 16, 2019, SemGroup Corporation announced its $5 billion merger with Energy Transfer LP. Energy Transfer’s acquisition of SemGroup will increase its scale across multiple regions and provide increased connectivity for Energy Transfer’s crude oil and NGL...

Lead Office: Calgary Date Closed: 5 December 2019 Value: $5 billion

SemCAMS Midstream ULC in its 50/50 joint venture with TransAlta Corporation to develop Kaybob South Cogen Facility

On October 1, 2019, SemCAMS Midstream ULC announced that they have entered into definitive agreements with TransAlta Corporation to develop, construct and operate a new cogeneration facility with an installed capacity of 40MW at the Kaybob South No. 3 sour gas processing plant, which will cost...

Lead Office: Calgary Date Closed: -- Value: $105 million

SemCAMS Midstream in its $1.3 billion agreement with Keyera to build Canadian Liquids Pipeline System

On May 14, 2019 SemCAMS Midstream ULC and Keyera Corp. entered into an asset joint venture to build a natural gas liquids (“NGL”) and condensate pipeline system. This will link northwestern Alberta’s liquid-rich Montney and Duvernay production areas to the fractionation and...

Lead Office: Calgary Date Closed: 14 May 2019 Value: $1.3 billion

SemGroup in its $1.8 billion joint venture with KKR including acquisition of Meritage Midstream from Riverstone

On January 10, 2019, SemGroup Corporation and KKR announced the formation of a joint venture to create SemCAMS Midstream ULC, a Canadian midstream infrastructure platform. The companies also announced that SemCAMS Midstream has entered into a definitive agreement to acquire Meritage Midstream ULC...

Lead Office: Calgary Date Closed: February 25, 2019 Value: $1.8 billion

Husky Energy Inc. in its proposed acquisition of MEG Energy Corp. for $6.4 billion

On September 30, 2018, Husky Energy Inc. ("Husky Energy") announced a proposal to acquire all of the outstanding shares of MEG Energy Corp. ("MEG") at an implied total enterprise value of $6.4 billion, including the assumption of approximately $3.1 billion of net debt. The...

Lead Office: Calgary Date Closed: -- Value: $6.4 billion