|  Clifton Linton

AltaGas Fills RIPET's Capacity As it Buys 50% of Black Swan Aitken Creek Gas Processing Plants

AltaGas Ltd. said today it has entered into a definitive agreement with Black Swan Energy Ltd. to acquire 50% ownership in certain existing and future natural gas processing plants of Black Swan's Aitken Creek Processing Facilities. Upon the completion of the deal, AltaGas and Black Swan will enter into long term processing, transportation and marketing agreements that also include new AltaGas Liquids handling infrastructure. The total capital investment by AltaGas for 50% ownership in the Aitken Creek Processing Facilities and new AltaGas infrastructure is anticipated at approximately $230 million, ...

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