AltaGas Canada IPO Raises $239Mn (Ind. Report)
AltaGas Ltd.'s Calgary-based Canadian unit AltaGas Canada Inc reports its initial IPO last week on the Toronto Stock Exchange grossed $239 million ($182 million), before the underwriters over-allotments. The IPO was jointly led by RBC Capital Markets, TD Securities Inc and JP Morgan Securities Canada Inc.
AltaGas Canada holds the parent company's Canadian utilities business and certain renewable power assets including the 102-MW Bear Mountain wind park in Dawson Creek, British Columbia. (Source: AltaGas Canada Inc., 1 Nov., 2018) Contact: AltaGas Canada Inc., (403) 691-7575, www.altagas.ca
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