Veresen Inc. was a

Calgary Calgary () is a major city in the Canadian province of Alberta. As of 2021, the city proper had a population of 1,306,784 and a metropolitan population of 1,481,806 making it the third-largest city and fifth-largest metropolitan area in C ...

Alberta Alberta is a Provinces and territories of Canada, province in Canada. It is a part of Western Canada and is one of the three Canadian Prairies, prairie provinces. Alberta is bordered by British Columbia to its west, Saskatchewan to its east, t ...

-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 (li ...

on the

Toronto Stock Exchange The Toronto Stock Exchange (TSX; ) is a stock exchange located in Toronto, Ontario, Canada. It is the List of stock exchanges, 10th largest exchange in the world and the third largest in North America based on market capitalization. Based in th ...

, and was known as Fort Chicago Energy Partners L.P. In 2017, it was acquired by

Pembina Pipeline Pembina Pipeline is a Canadian corporation that operates transportation and storage infrastructure delivering oil and natural gas to and from parts of Western Canada. Since 2003, storage has also included ethylene at one location. Western Cana ...

for $9.7 billion.

Business segments

Pipelines

* '' Alliance Pipeline'' (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 Ethane ( , ) is a naturally occurring Organic compound, organic chemical compound with chemical formula . At standard temperature and pressure, ethane is a colorless, odorless gas. Like many hydrocarbons, ethane is List of purification methods ...

to Nova Chemicals 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 populat ...

and

Dow Chemicals The Dow Chemical Company is an American multinational corporation headquartered in Midland, Michigan, United States. The company was among the three largest chemical producers in the world in 2021. It is the operating subsidiary of Dow Inc., a ...

plant in

Fort Saskatchewan Fort Saskatchewan is a city along the North Saskatchewan River in Alberta, Canada. It is northeast of Edmonton, the provincial capital. It is part of the Edmonton Capital Region#Edmonton CMA, Edmonton census metropolitan area and one of 24 muni ...

Natural gas

*''Aux Sable Liquid Products'' - a

natural gas liquids Natural-gas condensate, also called natural gas liquids, is a low-density mixture of hydrocarbon liquids that are present as gaseous components in the raw natural gas produced from many natural gas fields. Some gas species within the raw natura ...

plant near

Chicago Chicago is the List of municipalities in Illinois, most populous city in the U.S. state of Illinois and in the Midwestern United States. With a population of 2,746,388, as of the 2020 United States census, 2020 census, it is the List of Unite ...

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 abundance of methane on Earth makes ...

, ethane,

propane Propane () is a three-carbon chain alkane with the molecular formula . It is a gas at standard temperature and pressure, but becomes liquid when compressed for transportation and storage. A by-product of natural gas processing and petroleum ref ...

butane Butane () is an alkane with the formula C4H10. Butane exists as two isomers, ''n''-butane with connectivity and iso-butane with the formula . Both isomers are highly flammable, colorless, easily liquefied gases that quickly vaporize at ro ...

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

Jordan Cove Energy Project The Jordan Cove Energy Project was a proposal by Calgary-based energy company Pembina Pipeline, Pembina to build a liquefied natural gas export terminal within the International Port of Coos Bay, Oregon. The natural gas would have been transpo ...

'' - a proposed

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

export terminal at the Port of Coos Bay in

Oregon Oregon ( , ) is a U.S. state, state in the Pacific Northwest region of the United States. It is a part of the Western U.S., with the Columbia River delineating much of Oregon's northern boundary with Washington (state), Washington, while t ...

Power generation

*''Fort Chicago's Power'' - a co-generation and electrical power business with: **

Charlottetown, Prince Edward Island Charlottetown is the capital and largest city of the Canadian province of Prince Edward Island, and the county seat of Queens County. Named after Queen Charlotte, Charlottetown was an unincorporated town until it was incorporated as a city in ...

- district heating and power generation plant **

London, Ontario London 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 (Ontario), Thames River and N ...

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 16,013 at the 2020 census. Ripon was originally known as Stanislaus City, but was renamed for Ripon, Wisconsin, in 1876. History Ripon, on the site previously know ...

- district heating and power generation plant **

San Gabriel, California San Gabriel (Spanish language, Spanish for "Gabriel, St. Gabriel") is a city located in the San Gabriel Valley of Los Angeles County, California. At the 2020 United States census, 2020 census, the population was 39,568. San Gabriel was founded ...

- district heating and power generation plant **Brush II - 70 MW generation facility in

Brush, Colorado Brush is a Statutory City located in Morgan County, Colorado, United States. The city population was 5,339 at the 2020 United States census. Brush is a part of the Fort Morgan, CO Micropolitan Statistical Area. History The Brush, Colorado ...

**East Windsor - 84 MW generation facility that supplies heat to

Ford Ford commonly refers to: * Ford Motor Company, an automobile manufacturer founded by Henry Ford * Ford (crossing), a shallow crossing on a river Ford may also refer to: Ford Motor Company * Henry Ford, founder of the Ford Motor Company * Ford F ...

's plant in

Windsor, Ontario Windsor ( ) is a city in southwestern Ontario, Canada. It is situated on the south bank of the Detroit River directly across from the U.S city of Detroit, Detroit, Michigan. Geographically located within but administratively independent of Esse ...

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. It is bordered on the west by Alberta, on the north by the Northwest Territories, on the east by Manitoba, to the northeast by Nunavut, and to the south by the ...

**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 is the westernmost Provinces and territories of Canada, province of Canada. Situated in the Pacific Northwest between the Pacific Ocean and the Rocky Mountains, the province has a diverse geography, with rugged landscapes that ...

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 Enmax Corporation (often styled as ENMAX) is a vertically-integrated utility with operations across Alberta, Canada, and in Maine, US. Through its subsidiaries, ENMAX Power Corporation and Versant Power, ENMAX owns and operates transmission a ...

, 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 Pelton wheel or Pelton Turbine is an Impulse (physics), impulse-type water turbine invented by American inventor Lester Allan Pelton in the 1870s. The Pelton wheel extracts energy from the impulse of moving water, as opposed to water's dead w ...

. 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 Alberta Electric power companies of Canada Companies based in Calgary Natural gas companies of Canada Natural gas pipeline companies Companies formerly listed on the Toronto Stock Exchange Defunct companies of Alberta