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Canada's Veresen Sells Power Business to Help Fund Natgas Projects

Canada

SUGAR LAND--February 22, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--Canadian midstream company Veresen Incorporated (TSX:VSN) (Calgary, Alberta) says the sale of its power generation assets will help fund $1.4 billion in contracted natural gas and natural gas liquids (NGL) capital projects. Veresen is selling its power generation assets in three separate packages. Industrial Info is tracking $7.65 billion in active Veresen projects.

Within this article: Status of Veresen's Jordan Cove LNG terminal project.