Terasen Inc.

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terasen inc. - All News and Analysis

• Fortis Earns $49 Million in the Third Quarter

  - 2008-10-31

  Fortis Inc. ("Fortis" or the "Corporation") (TSX: FTS) recorded third quarter net earnings applicable to common shares of $49 million, or $0.31 per common share, compared to earnings of $31 million, or $0.20 per common share, for the third quarter of 2007. Third quarter 2008 results included a tax reduction...

  Tags: Fortis, Fortis Inc., Newfoundland Power, Terasen Inc.

• HudBay Minerals Completes Business Combination With Skye Resources; Announces New Director and Chief Financial Officer

  - 2008-08-26

  HudBay Minerals Inc. ("HudBay")(TSX: HBM) and Skye Resources Inc. ("Skye")(TSX: SKR) are pleased to announce that the business combination between the two companies has been completed. "We are very excited at the prospects for the combined company," said Allen Palmiere, President and CEO of HudBay. "The completion of this...

  Tags: HudBay Minerals Inc., Terasen Inc.

• TERASEN RECEIVES CONDITIONAL APPROVAL FOR VANCOUVER ISLAND GAS STORAGE FACILITY

  - 2007-11-01

  To cost between $175 million and $200 million and store 1.5 bcf of liquefied natural gas, Terasen Gas Vancouver Island Inc. has received conditional approval from the British Columbia Utilities Commission to construct and operate this facility on Vancouver Island, it was revealed in mid-November. "With today's decision we're now...

  Tags: Terasen Inc.

• Fortis Inc. Completes Terasen Gas Acquisition

  - 2007-05-17

  Fortis Inc. (TSX: FTS)("Fortis" or the "Corporation") announced today that it has completed the transaction to acquire all of the outstanding shares of Terasen Inc. ("Terasen") from a wholly owned subsidiary of Kinder Morgan, Inc. (NYSE: KMI) for a purchase price of $3.7 billion. Terasen (formerly BC Gas Inc.),...

  Tags: Company, Fortis N.V., Terasen Inc.

• Fortis Inc. Receives BCUC Approval to Acquire Terasen

  - 2007-05-01

  The British Columbia Utilities Commission ("BCUC") has approved the acquisition of all the issued and outstanding shares of Terasen Inc. ("Terasen") by Fortis Inc. (TSX: FTS). On February 26, 2007, Fortis Inc. entered into an agreement to acquire Terasen from a wholly owned subsidiary of Kinder Morgan, Inc. (NYSE:...

  Tags: Fortis Inc., Fortis N.V., Terasen Inc.

• Fortis Inc. Receives BCUC Approval to Acquire Terasen.

  - 2007-05-01

  ST. JOHN'S, NEWFOUNDLAND AND LABRADOR, May 1, 2007 CCNMatthews via COMTEX -- The British Columbia Utilities Commission ("BCUC") has approved the acquisition of all the issued and outstanding shares of Terasen Inc. ("Terasen") by Fortis Inc. (TSX:FTS). On February 26, 2007, Fortis Inc....

  Tags: Fortis Inc., Fortis N.V., Terasen Inc.

• Fortis to acquire Terasen Inc. from KMI

  - 2007-04-01

  Kinder Morgan, Inc. has entered into a definitive agreement to sell Terasen Inc. to Fortis Inc., a Canadian-based company with investments in regulated distribution utilities, for approximately C$3.7 billion, including cash and assumed debt. Terasen Inc.'s principal assets include Terasen Gas Inc. and Terasen Gas Vancouver Island Inc., comprising...

  Tags: Fortis N.V., Terasen Inc.

• Acquisition of Terasen Gas by Fortis Inc. Receives Competition Act Clearance

  - 2007-03-21

  Fortis Inc. (TSX: FTS) ("Fortis" or the "Corporation") announced today that it has received a no-action letter from the Competition Bureau of Canada in respect of the Corporation's previously announced agreement to acquire all of the outstanding shares of Terasen Inc. ("Terasen") from a wholly owned subsidiary of Kinder Morgan,...

  Tags: Fortis N.V., Terasen Inc.

• DMTI Spatial Fuels High Precision Marketing Programs at Terasen Gas.

  - 2007-03-15

  MARKHAM, ONTARIO, Mar 15, 2007 CCNMatthews via COMTEX -- DMTI Spatial, a leading provider of location intelligence solutions, has been selected by Terasen Gas, Canada's third largest gas utility, to enable more targeted direct marketing campaigns through the application of neighborhood level postal geography. ...

  Tags: Terasen Gas Inc., Terasen Inc.

• FORTIS PICKS UP TERASEN FOR $3.7 BILLION

  - 2007-03-01

  Power producer Fortis Inc., one of Atlantic Canada's biggest companies, bought the British Columbia natural gas distribution business of Terasen Inc., a wholly owned subsidiary of Houston, Texas-based Kinder Morgan Inc. KMI, it was announced in late February. The Canadian Competition Bureau cleared the $3.7-billion deal a month later. Approval...

  Tags: Fortis N.V., Terasen Inc.