Cryopeak Energy Solutions Acquires LNG Assets from Campus Energy Partners
January 24, 2024
Cryopeak Energy Solutions Corporation — formed by the merger of Cryopeak LNG Solutions Corporation and Ferus Natural Gas Fuels Inc. — has acquired all LNG assets from Campus Energy Partners Infrastructure LP, including a regional LNG production facility in Dawson Creek, British Columbia. The deal makes Cryopeak the largest private, vertically integrated LNG producer and service provider in Canada, expanding its production capacity, transportation fleet and regional footprint.
- Buyers
- Cryopeak Energy Solutions Corporation, BP Energy Partners, The Energy & Minerals Group (EMG)
- Targets
- Campus Energy Partners Infrastructure LP (LNG assets)
- Sellers
- Campus Energy Partners Infrastructure LP
- Industry
- Oil & Gas
- Location
- British Columbia, Canada
- Transaction Type
- Divestiture
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