Veresen Inc. was a

Calgary Calgary ( ) is the largest city in the western Canadian province of Alberta and the largest metro area of the three Prairie Provinces. As of 2021, the city proper had a population of 1,306,784 and a metropolitan population of 1,481,806, makin ...

Alberta Alberta ( ) is one of the thirteen provinces and territories of Canada. It is part of Western Canada and is one of the three prairie provinces. Alberta is bordered by British Columbia to the west, Saskatchewan to the east, the Northwest Ter ...

-based energy infrastructure company with three main lines of business: pipelines, natural gas and power generation. It was a

publicly-traded company A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (list ...

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.

Business segments

Pipelines

* ''

Alliance Pipeline Alliance Pipeline is a natural gas pipeline from Canada to the United States. It connects north-western Alberta and north-eastern British Columbia in western Canada to Illinois in the American Midwest, passing through Saskatchewan, North Dakota, ...

'' (owned in partnership with Aux Sable Liquid Products) - a 3,000 km natural gas pipeline between western Canada and the US mid-west. * ''Alberta Ethane Gathering System (AEGS)'' - a 1,300 km pipeline network that delivers ethane to

Nova Chemicals NOVA Chemicals Corporation is a Canadian petrochemical company that has been in operation since 1954. NOVA was formed as provincial crown corporation called the Alberta Gas Trunk Line Company Limited to manage Alberta's natural gas collection sy ...

plant in

Joffre, Alberta Joffre is a hamlet in central Alberta, Canada within Lacombe County. It is located north of Highway 11, approximately northeast of Red Deer. Demographics In the 2021 Census of Population conducted by Statistics Canada, Joffre had a popula ...

and

Dow Chemicals The Dow Chemical Company, officially Dow Inc., is an American multinational chemical corporation headquartered in Midland, Michigan, United States. The company is among the three largest chemical producers in the world. Dow manufactures plastics ...

plant in Fort Saskatchewan,

Natural gas

*''Aux Sable Liquid Products'' - a natural gas liquids plant near

Chicago (''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = Country , subdivision_name ...

producing

methane Methane ( , ) is a chemical compound with the chemical formula (one carbon atom bonded to four hydrogen atoms). It is a group-14 hydride, the simplest alkane, and the main constituent of natural gas. The relative abundance of methane on Eart ...

, ethane,

propane Propane () is a three-carbon alkane with the molecular formula . It is a gas at standard temperature and pressure, but compressible to a transportable liquid. A by-product of natural gas processing and petroleum refining, it is commonly used a ...

butane Butane () or ''n''-butane is an alkane with the formula C4H10. Butane is a gas at room temperature and atmospheric pressure. Butane is a highly flammable, colorless, easily liquefied gas that quickly vaporizes at room temperature. The name but ...

. *''Alton Gas Storage facility'' - proposed to be located in

Alton, Nova Scotia Alton (2006 pop.: 1,906) is a rural community in the Canadian province of Nova Scotia, located in Colchester County. Originally named Polly Bog, the name was changed in 1880. Alton is the location of a natural gas storage facility currently unde ...

* '' Jordan Cove Energy Project'' - a proposed

LNG Liquefied natural gas (LNG) is natural gas (predominantly methane, CH4, with some mixture of ethane, C2H6) that has been cooled down to liquid form for ease and safety of non-pressurized storage or transport. It takes up about 1/600th the volu ...

export terminal at the

Port of Coos Bay The Oregon International Port of Coos Bay is a port of the Pacific coast of the United States, located in Coos Bay near the city of Coos Bay, Oregon. It is the largest deep-draft coastal harbor between San Francisco Bay and Puget Sound, and is Or ...

Oregon Oregon () is a U.S. state, state in the Pacific Northwest region of the Western United States. The Columbia River delineates much of Oregon's northern boundary with Washington (state), Washington, while the Snake River delineates much of it ...

Power generation

*''Fort Chicago's Power'' - a co-generation and electrical power business with: ** Charlottetown, Prince Edward Island - district heating and power generation plant **

London, Ontario London (pronounced ) is a city in southwestern Ontario, Canada, along the Quebec City–Windsor Corridor. The city had a population of 422,324 according to the 2021 Canadian census. London is at the confluence of the Thames River, approximate ...

district heating and power generation plant (producing 17 MW of electricity and 52 MW for the district heating system) **

Ripon, California Ripon is a city located in San Joaquin County, California. The population was 14,297 at the 2010 census. Ripon was originally known as Stanislaus City, but was renamed for Ripon, Wisconsin, in 1876. History Ripon, on the site previously known as ...

- district heating and power generation plant **

San Gabriel, California San Gabriel (Spanish for " St. Gabriel") is a city located in the San Gabriel Valley of Los Angeles County, California. At the 2010 census, the population was 39,718. San Gabriel was founded by the Spanish in 1771, when Mission San Gabriel Arc ...

- district heating and power generation plant **Brush II - 70 MW generation facility in Brush, Colorado **East Windsor - 84 MW generation facility that supplies heat to Ford's plant in

Windsor, Ontario Windsor is a city in southwestern Ontario, Canada, on the south bank of the Detroit River directly across from Detroit, Michigan, United States. Geographically located within but administratively independent of Essex County, it is the souther ...

as well as electricity ** NRGreen Power - subsidiary of Alliance that operates four 5 MW generating stations using waste heat from pipeline pumping station in

Saskatchewan Saskatchewan ( ; ) is a Provinces and territories of Canada, province in Western Canada, western Canada, bordered on the west by Alberta, on the north by the Northwest Territories, on the east by Manitoba, to the northeast by Nunavut, and on t ...

**Swift Power L.P. - purchased by Veresen Inc. Swift Power L.P. is developing run of the river hydro projects in British Columbia

Move into renewable energy

Beginning in the spring of 2010, Fort Chicago began aggressively moving into the renewable energy sector, with a particular focus on

British Columbia British Columbia (commonly abbreviated as BC) is the westernmost province of Canada, situated between the Pacific Ocean and the Rocky Mountains. It has a diverse geography, with rugged landscapes that include rocky coastlines, sandy beaches, ...

Pristine Power

In September 2010, Fort Chicago reached an agreement to purchase Pristine Power, which develops biomass and hydro power projects. Prior to this transaction, Fort Chicago had an 11.4% stake in Pristine. In September 2009, Pristine Power increased its ownership position from 10% to 47% in the Klinaklini project proposed by Kleana Power. The deal was structured as a nominal down payment with future payments coming after various milestones, notably the signing of a PPA (however the project was unsuccessful in 2008 Call). With this deal, Pristine increased its ownership position in several other projects, including Machmell River, and expected that its generation portfolio would double to 282 MW.

ENMAX Power Corporation

In September 2010, Fort Chicago reached an agreement to purchase three BC-based hydro assets of ENMAX, the City of Calgary’s municipally-owned electric utility. * Furry Creek Hydro, in operation since 2004 with a 3 km penstock which drops 366 meters to an 11 MW Pelton wheel. The plant is 40 km north of Vancouver accessed by the Sea to Sky highway. * Clowhom Hydro has two run-of-river hydroelectric plants located northeast of Sechelt, BC. Upper Clowhom has a 1900 meter penstock leading to an 11 MW turbine. Similarly Lower Clowhom has a 1200 meter penstock leading to an identical 11 MW turbine. * Culliton Creek Hydro Facility is a run-of-river hydroelectric project commissioned in May 2016, located 20 km north of Squamish, BC. A 3 km penstock delivers water downstream to the powerhouse housing two 7.5 MW turbines. (Veresen owns a 50% interest)

References and footnotes

External links

*{{dead link, date=June 2021 Energy companies of Canada Electric power companies of Canada Companies based in Calgary Natural gas pipeline companies Companies formerly listed on the Toronto Stock Exchange