Calgary, AB – February 1, 2019: Campus Energy Partners LP (“Campus Energy” or the “Company”)
today announced the closing of the acquisition of certain natural gas midstream, power, and commercial
and industrial marketing assets from AltaGas Ltd. (“AltaGas”).
Campus Energy Partners is a newly formed private entity owned by Birch Hill Equity Partners (“Birch
Hill”).
The Company’s energy infrastructure assets are located throughout Western Canada and include two
natural gas transmission pipeline systems, five natural gas gathering and processing facilities, an LNG
processing facility, and two power peaking units. Its energy supply solutions include providing natural
gas and electricity to customers in British Columbia, Alberta, Saskatchewan, Manitoba and Ontario.
Campus Energy will be headquartered in Calgary and led by Jeremy Baines, newly appointed President
and Chief Executive Officer. Baines was formerly Senior Vice President of Strategic Projects with
AltaGas.
“We are a new company at Campus Energy, but we also have a long history of serving customers with
energy solutions. As Campus Energy, we will continue to operate safely, provide customers with creative
solutions, and be a contributor to the communities where we operate. We’ll also be actively seeking
opportunities to grow our business both organically and through acquisitions,” said Baines.
“It’s an exciting time for Birch Hill when we add a new partner company. We look forward to working
with Jeremy and his team of talented people at Campus Energy to build on their past successes as part of
AltaGas. The new company has a strong base of assets and operations to build from so we look forward
to expanding their customer reach and supporting their future growth plans,” said Michael Salamon, a
Partner with Birch Hill.
Additional information on Campus Energy can be found at www.campusenergy.ca.
About Birch Hill Equity Partners
With over $3 billion in capital under management, 17 partner companies and 45 fully realized investments
since 1994, Birch Hill is the leader in long-term value creation in the Canadian mid-market. For more
information about Birch Hill Equity Partners, please visit www.birchhillequity.com.
Contact:
Jeremy Baines – President and CEO – Campus Energy Partners
(403) 206-2832
