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Tidewater Midstream and Infrastructure Ltd.

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About

Tidewater is traded on the TSX under the symbol “TWM”. Tidewater’s business objective is to build a diversified midstream and infrastructure company in the North American natural gas, NGL and crude oil space. Its strategy is to profitably grow and create shareholder value through the acquisition and development of oil and gas infrastructure. Tidewater plans to achieve its business objective by providing customers with a full service, vertically integrated value chain through the acquisition and development of oil and gas infrastructure including: refineries, processing plants, pipelines, railcars, trucks, export terminals and storage facilities.

Editor's note: Updated March 12, 2020.

Transactions

Report Date Amount (MM) Description
2020-03-12 CA$255.00

TC Energy Proposes To Buy Pioneer Pipeline In Multimillion-dollar Deal

TC Energy Proposes To Buy Pioneer Pipeline In Multimillion-dollar Deal

Report Date Amount (MM) Description
2019-08-15 CA$30.00

Tidewater Announces Pipestone Strategic Core-Area Acquisition

Tidewater Announces Pipestone Strategic Core-Area Acquisition

Report Date Amount (MM) Description
2016-03-09 CA$30.00

Tidewater Completes Alberta Deep Basin Deal, Boosts Credit Facility

Tidewater Completes Alberta Deep Basin Deal, Boosts Credit Facility

Report Date Amount (MM) Description
2016-01-05 --

Tidewater Buys Processing/Extraction Facilities Around Edmonton, Alberta

Tidewater Buys Processing/Extraction Facilities Around Edmonton, Alberta

Report Date Amount (MM) Description
2015-06-23 CA$180.00

Tidewater Midstream Enters Gas Processing Facility Agreement

Tidewater Midstream Enters Gas Processing Facility Agreement

2100-10-01 $000.00

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2100-10-01 $000.00

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2100-10-01 $000.00

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2100-10-01 $000.00

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New Financings

Report Date Type Amount (MM) Description
2021-07-21 Tidewater Renewables Ltd. Equity CA$150.00

Filed an IPO with intentions to raise $150 million in gross proceeds. Proceeds will be used to pursue…

Report Date Type Amount (MM) Description
2019-07-23 Tidewater Midstream and Infrastrucutre Ltd. Debt $75.00

In connection with the acquisition and liquids handling expansion, Tidewater is pleased to announce that…

Report Date Type Amount (MM) Description
2017-12-14 Tidewater Midstream and Infrastructure Ltd. Debt CA$125.00

Tidewater Midstream and Infrastructure Ltd. has agreed to issue $125 million of 6.75% senior unsecured…

Report Date Type Amount (MM) Description
2017-03-30 Tidewater Midstream and Infrastructure Ltd. Debt CA$180.00

In March, increased availability under its credit facility from $120 million, for sufficient capital to…

Report Date Type Amount (MM) Description
2016-03-22 Tidewater Midstream and Infrastructure Ltd. - 2016-03-22 Buyback CA$80.50

Closed its bought deal financing in which 57.5 million common shares were issued at CA$1.40 each. Net…

2100-05-23 Transaction $888.88

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2100-05-23 Transaction $888.88

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2100-05-23 Transaction $888.88

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Locked Data

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Instantly unlock over 15 years of A&D transactions and financing data.

News

AltaGas Prices $900MM Junior Notes Offer After Tidewater Deal

The offering follows AltaGas’ Aug. 31 announcement that it acquired multiple midstream, storage and terminals from Tidewater Midstream and Infrastructure Ltd. for CA$650 million (US$480 million).

Tidewater Midstream Completes $122MM Strategic Transaction

Tidewater Midstream and Infrastructure purchased assets from its renewables-focused subsidiary Tidewater Renewables.

AltaGas to Acquire Tidewater Midstream Assets for $480MM

AltaGas said it will acquire Tidewater’s Pipestone Natural Gas Processing Plant Phase 1 and II expansion projects; an adjacent natural gas storage facility; a truck-in/truck-out terminal; and associated gathering pipeline systems.

TC Energy Proposes To Buy Pioneer Pipeline In Multimillion-dollar Deal

NOVA Gas Transmission Ltd. (NGTL), a subsidiary of TC Energy, entered the proposed purchase agreement through an exclusive letter of intent with Tidewater Midstream and TransAlta.