Energy Energy

Corinex Communications in its US$30-million Series A financing

On April 8, 2025, Corinex Communications announced the successful closing of its US$30-million Series A financing round led by U.K.-based Energy Growth Momentum, with additional investment from European growth equity funds Suma Capital and Adara Ventures. Corinex plans to use the funding to...

Lead Office: Vancouver Date Announced: April 8, 2025 Value: US$30 Million

Powerside in its acquisition of Electrotek Concepts from GMC Instruments Group

On March 20, 2025, Powerside announced that it had acquired Electrotek Concepts from GMC Instruments Group. This purchase is pursuant to Powerside’s recent growth capital raise to improve its market position and expand capabilities which now include both on-premise and cloud-based...

Lead Office: Montreal Date Announced: 20 March 2025 Value: --

Westbrick Energy Ltd. in its $1.1 billion acquisition by Vermilion Energy Inc.

On December 22, 2024, Westbrick Energy Ltd. entered into an arrangement agreement with Vermilion Energy Inc. whereby Vermilion agreed to acquire Westbrick for cash consideration of $1.075 billion. Under the terms of the arrangement Westbrick shareholders were provided with an option to...

Lead Office: Calgary Date Announced: December 22, 2022 Value: $1.1 billion

The management group of rollover shareholders of Innergex in connection with its $10-billion acquisition by CDPQ

On February 25, 2025, Innergex announced it entered into a definitive agreement to be acquired by CDPQ for a total deal value of $10 billion. Innergex is a renewable energy power producer that develops, owns and operates hydroelectric facilities, wind farms, solar farms and energy storage...

Lead Office: Montreal Date Announced: February 25, 2025 Value: $10 billion

CIBC Capital Markets and ATB Securities in Bonterra Energy Corp.’s inaugural $135-million senior secured second lien notes offering

On January 28, 2025, Bonterra Energy issued $135 million of 10.50% senior secured second lien notes due 2030. The notes were offered through a syndicate of underwriters led by CIBC Capital Markets and ATB Capital Markets as joint active bookrunners and RBC Capital Markets as joint passive...

Lead Office: Toronto Date Closed: January 28, 2025 Value: $135 million

Pattern Energy in its sale of significant interests in two Ontario-based wind projects

On January 8, 2025, Pattern Energy announced the completion of its sale of significant interests in two Ontario-based wind projects, Armow Wind and Grand Renewable Wind, to CC&L Infrastructure. Pattern Energy will maintain a minority equity stake in the projects and will continue to manage and...

Lead Office: Toronto Date Announced: January 8, 2025 Value: --

M3-Brigade Acquisition III Corp. and Brigade Capital in the sale of its equity interests in Greenfire Resources to Waterous Energy

On December 23, 2024, M3-Brigade Acquisition III Corp. and Brigade Capital announced its sale of its equity interests in Greenfire Resources to Waterous Energy for an aggregate purchase price of US$81,853,033.15. M3-Brigade Acquisition III Corp. is a special purpose acquisition company...

Lead Office: Toronto Date Announced: December 23, 2024 Value: US$81.8 million

NOVA Chemicals Corporation in its pricing of a private offering of US$400 million of senior unsecured notes

On November 18, 2024, NOVA Chemical Corporation (NOVA) announced the pricing of a private offering of US$400 million of senior unsecured notes. These notes are structured as 7-year non-call 3 years and an interest rate of 7% per annum. TD Securities (USA) LLC acted as lead bookrunner, and RBC...

Lead Office: Toronto Date Announced: November 18, 2024 Value: US$400 million

Tenaz Energy Corp. in its inaugural $140-million senior unsecured notes offering

On November 12, 2024, Tenaz Energy announced the closing of its inaugural offering of $140 million of 12.00% senior unsecured notes due 2029. This offering's sole bookrunner and placement agent is National Bank Financial Markets. Tenaz Energy operates as an oil and gas company located in...

Lead Office: Toronto Date Announced: November 12, 2024 Value: $140 million

Chevron Canada Limited on the sale of its interest in the Athabasca Oil Sands Project and the Kaybob Duvernay Shale Gas Project to Canadian Natural Resources Limited for US$6.5 billion

On October 7, 2024, Chevron Canada Limited announced its sale to Canadian Natural Resources Limited of Chevron’s 20% interest in the Athabasca Oil Sands Project and 70% interest in the Kaybob Duvernay Shale Gas Project, as well as certain other oil sands and petroleum and natural gas rights...

Lead Office: Calgary Date Announced: October 7, 2024 Value: $6.5 billion