Veresen Inc. was a Calgary, Alberta-based energy infrastructure company with three main lines of business: pipelines, natural gas and power generation. It was a publicly-traded company on the Toronto Stock Exchange, and was known as Fort Chicago Energy Partners L.P. In 2017, it was acquired by Pembina Pipeline for $9.7 billion.[1]
Business segments
Pipelines
- Alliance Pipeline (owned in partnership with Aux Sable Liquid Products) - a 3,000 km natural gas pipeline between western Canada and the US mid-west.[2]
- Alberta Ethane Gathering System (AEGS) - a 1,300 km pipeline network that delivers ethane to Nova Chemicals plant in Joffre, Alberta and