Announced
Completed
Financials
Sources
Tags
Completed
United States
energy platform
Integrated Oil and Gas
Majority
Private
Friendly
Private Equity
Acquisition
Cross Border
Single Bidder
Synopsis
Alberta Investment Management, an institutional investment manager, completed the acquisition of an additional 59% stake in Howard Energy Partners, a diversified energy platform, from Astatine Investment Partners, a private equity firm. Financial terms were not disclosed. "We are excited to make further investment in Howard Energy and to grow our global portfolio of high-quality energy infrastructure assets on behalf of our clients. AIMCo's significant ownership ensures continuity of a very successful, long-term partnership with Howard Energy," Ben Hawkins, Alberta Executive Managing Director and Head of Infrastructure, Renewables & Sustainable Investing.
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