In a definitive move within the energy sector, TransAlta Corporation has entered into a share purchase agreement with Energy Capital Partners, the parent of Heartland Generation Ltd. and Alberta Power (2000) Ltd., to acquire Heartland’s entire business operations in Alberta and British Columbia. The purchase, valued at C$390 million, plus the assumption of C$268 million […]
In a significant move that underscores the ever-evolving dynamics of the pulp industry, West Fraser Timber Co. Ltd. has inked a definitive sale agreement with Atlas Holdings. The deal encompasses West Fraser’s Quesnel River Pulp mill located in British Columbia and its Slave Lake Pulp mill based in Alberta. Notably, Atlas is no stranger to […]
BP has inked its third long-term liquefied natural gas (LNG) offtake contract with the Woodfibre LNG facility based in British Columbia, Canada. The deal secures 0.45 million tonnes of LNG per year (mtpa) for a 15-year term, now committing all of Woodfibre’s LNG production to BP. The agreement brings BP’s total firm offtake from the […]
Canada’s idyllic western haven, British Columbia, was plunged into chaos on Friday, as roaring wildfires transformed the serene mountains above West Kelowna into a blazing inferno. Tens of thousands were thrust into a frantic race against time, fleeing their homes to escape the advancing flames. “Right now, we face the gravest wildfire season in British […]
Monos, the Canadian travel and sustainability-centric lifestyle brand, has announced the launch of its first-ever retail store at Vancouver in British Columbia. Located at 2131 West 4th Ave, the new flagship store is positioned on West 4th Avenue of Kitsilano, a vibrant area in the city founded by Monos. Spread across approximately 1,900 square feet, […]
Austco Marketing & Service (Canada), a subsidiary of Austco Healthcare, has inked an AUD $7.4M contract to provide its advanced Tacera alarm management and clinical workflow solution for the forthcoming 548-bed St. Paul’s Hospital in Vancouver, British Columbia. This contract signifies the most substantial single award in Austco Healthcare’s history, involving over 1,100 full IP […]
Haisla Nation and Pembina Pipeline have been granted provincial environmental approval for their jointly developed Cedar LNG Project in Kitimat, British Columbia (BC). The BC Environmental Assessment Office issued the environmental assessment certificate (EAC) for the floating liquefied natural gas (FLNG) project following a joint decision by ministers in the British Columbia government. The Cedar […]
No Meat Factory, Canada’s plant-based alternative protein products producer, has raised $42 million in a series B funding round to increase the company’s footprint and manufacturing capacity in North America. The round was led by new investor Tengelmann Growth Partners, with participation from existing investor Emil Capital Partners. Dieter Thiem — No Meat Factory CEO […]
Pacific Energy and Enbridge have agreed to jointly invest in the construction and operation of the Woodfibre LNG project in Canada, which is touted to be one of the world’s lowest-emission liquefied natural gas (LNG) export plants. The Woodfibre LNG facility, which is being built near Squamish, British Columbia, will produce 2.1 million-tonne-per-year of LNG […]
BM Group of Companies (BM Group) has acquired LE Steel Fabricators, a British Columbia-based custom fabricator of engineered, structural steel, stainless steel, aluminum products, and components. The financial terms of the deal were not disclosed. Established in 1989, LE Steel Fabricators is specialized in the marine industry, and mainly works in conjunction with pile driving […]