ARC Financial reaches final close for its ninth PE fund
ARC Financial Corp. (ARC) has reached final close for its ninth private equity fund, ARC Energy Fund 9, with a CAD780 million (US$595.49 million) of capital from institutional investors across Canada, the United States, and Europe.
Consistent with ARC's prior funds, ARC Energy Fund 9 investment strategy will focus on private Canadian entrepreneurial exploration and production and oilfield service companies.
FirstPoint Equity Capital Ltd has served as the global placement agent and advisor.
Country updates
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July 05, 2019
Contract awarded for USD572mn hospital PPP in Canada
The Premier of Newfoundland and Labrador in Canada has announced that the Corner Brook Health Partnership has been selected to design, build, finance and maintain a new acute care hospital in Corner B...
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July 02, 2019
Genesee & Wyoming to be Acquired by Brookfield Infrastructure and GIC
Genesee & Wyoming Inc. (G&W), together with Brookfield Infrastructure, GIC and Brookfield Infrastructure’s institutional partners (Consortium), announced an agreement pursuant to wh...
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July 02, 2019
First stage of LRT PPP project starts operation in Canada
Ontario's new rapid transit system - ION Light Rail Train (LRT) line connecting Waterloo and Kitchener in the state of Ontario has inaugurated its stage 1 and commenced operation on June 21st. Th...
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July 01, 2019
RFP for USD2bn subway project in Canada
The Government of British Columbia has selected three pre-qualified teams to participate in the request for proposals (RFP) stage to design, build and finance Vancouver’s Broadway subway pr...
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June 28, 2019
Quanta Services signs agreement to sell stakes in Alberta PowerLine
Quanta Services has signed an agreement with Greystone Infrastructure Fund and IST3 Infrastruktur Global for the sale of its 20% stakes in Alberta PowerLine (APL) for CAD300 million (US$227....
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