CALGARY, AB, Dec. 17, 2024 /CNW/ - ARC Financial Corp., on behalf of 2659160 Alberta Ltd. and the limited partnerships comprising ARC Energy Fund 8 (a private equity fund advised by ARC Financial Corp.) (collectively, "ARC"), announces that, based on preliminary voting results, as of midday (Mountain time) today, the proposed plan of arrangement to take STEP Energy Services Ltd. ("STEP") private (the "Arrangement") for cash consideration of $5.00 per common share of STEP (the "STEP Shares"), has [Read more]

  No intention to increase consideration to be paid from $5.00 per STEP Share No indication of a competing transaction from any third party No intention by ARC to support any alternative transaction to acquire STEP Shares If vote were held today the transaction would be unsuccessful CALGARY, AB, Dec. 13, 2024 /CNW/ - On November 4, 2024, STEP Energy Services Ltd. ("STEP") announced the execution of a definitive arrangement agreement (the "Arrangement Agreement") with [Read more]

GREENVIEW, AB, Dec. 9, 2024 /PRNewswire/ - The Municipal District of Greenview is proud to announce a groundbreaking partnership with O'Leary Ventures to build an off-grid natural gas and geothermal power infrastructure to support the largest AI data centre industrial park in the world. The GIG has signed a Letter of Intent with O'Leary Ventures for the purchase and development of thousands of acres of land within the Greenview Industrial Gateway and to the south of the GIG. This transformative [Read more]

PITTSBURGH, Nov. 25, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) announced today that it has entered into a definitive agreement with funds managed by Blackstone Credit & Insurance ("BXCI"), to form a new midstream joint venture (the "JV") consisting of EQT's ownership interest in high quality contracted infrastructure assets: (i) Mountain Valley Pipeline, LLC – Series A, (ii) FERC regulated transmission and storage assets, and (iii) the Hammerhead Pipeline.(1) Under the terms of the [Read more]