ARC Financial reaches final close for its ninth PE fund
ARC Financial Corp. (ARC) has reached final close for its ninth private equity fund, ARC Energy Fund 9, with a CAD780 million (US$595.49 million) of capital from institutional investors across Canada, the United States, and Europe.
Consistent with ARC's prior funds, ARC Energy Fund 9's investment strategy will focus on private Canadian entrepreneurial exploration and production and oilfield service companies.
FirstPoint Equity Capital Ltd has served as the global placement agent and advisor.
Country updates
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July 02, 2019
ITM Power, Mitsui, Chiyoda complete 300 MW hydrogen project study
ITM Power has announced the completion of a techno-economic feasibility study for the large-scale centralized production of renewable hydrogen in the Province of British Columbia. The proj...
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July 01, 2019
Pieridae signs an agreement to acquire Shell Canada gas assets
Canada’s Pieridae Energy has entered into an agreement with Royal Dutch Shell for the sale of oil and gas midstream and upstream assets in the southern Alberta Foothills, Canada.&...
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June 28, 2019
Quanta Services signs agreement to sell stakes in Alberta PowerLine
Quanta Services has signed an agreement with Greystone Infrastructure Fund and IST3 Infrastruktur Global for the sale of its 20% stakes in Alberta PowerLine (APL) for CAD300 million (US$227....
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June 28, 2019
Canadian Natural acquires of the assets of Devon Canada Corporation
Canadian Natural Resources Limited has announced that it has entered into an agreement, subject to regulatory approval, to acquire substantially all of the assets of Devon Canada Corporation, for a ca...
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June 11, 2019
Connor, Clark & Lunn Infrastructure completes purchase of two hydro projects in British Columbia
Connor, Clark & Lunn Infrastructure (CC&L Infrastructure) has completed the purchase of a majority interest in Bremner Trio Hydro Corp. Bremner owns two construction-stage, run-of-river...
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