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Noverco, Inc.

Company Summary

Description

Noverco indirectly owns Énergir, L.P. which is a Quebec-based business with interests primarily in gas distribution and power distribution in Quebec and Vermont.

Operational Regions

  • Canada
  • Northeast
  • North America

Related Entities

Recent news

  • 6/8/2021 - Enbridge Divests... (subscriber access)

Company Transactions

Date: 1/15/2022
Type: Acquisition

SELLERS:
  • Enbridge Inc.
  • DETAILS:

    COST: 1.14 $B

    NOTES:
    Enbridge has reached an agreement to sell its full 38.9% non-operating minority interest in Noverco Inc. for $1.14 billion in cash to Trencap, net of the company's non-recourse debt which will be assumed by Trencap.
    REGIONS:
  • Canada
  • Northeast