Company Overview of Gaz Métro inc
Gaz Métro inc., through its subsidiary, Gaz Metro Limited Partnership, transports and distributes natural gas to residential and commercial customers in Quebec and Vermont, Canada. The company operates through four segments: Energy Distribution; Transportation of Natural Gas; Energy Production; and Energy Services, Storage and Other. The Energy Distribution segment delivers natural gas and electricity to a range of customers. The Transportation of Natural Gas segment transports natural gas through pipelines. The Energy Production segment generates electricity through wind farms. The Energy Services, Storage and Other segment is engaged in the installation, maintenance, and management of air ...
1717 du Havre Street
Montreal, QC H2K 2X3
Founded in 1955
Key Executives for Gaz Métro inc
Chief Financial Officer and Executive Vice President of Corporate Affairs
Vice President of Operations
President of Green Mountain Combined and Chief Executive Officer of Green Mountain Combined
Compensation as of Fiscal Year 2014.
Gaz Métro inc Key Developments
Gaz Métro Inc. Closes Private Placement of Senior Secured Notes
Apr 10 13
Valener Inc. announced that Gaz Métro Inc. has completed its previously announced private placement of $200 million aggregate principal amount of 4.04% senior secured notes due 2043 and 4.19% senior secured notes due 2048 (together, the Notes) to certain institutional investors in the United States. The Notes are secured by a guarantee as to payment of principal and interest by Gaz Métro Limited Partnership (Gaz Métro), together with collateral security backed by the assets of GMi and Gaz Métro. Proceeds from the private placement will be loaned by GMi to Gaz Métro on substantially similar terms as to interest rate and maturity, and will be used by Gaz Métro for the refinancing of existing debt and for general corporate purposes. The Notes have not been registered under the U.S. Securities Act of 1933, as amended (the Securities Act) or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from registration under the Securities Act and applicable state securities laws.
Gaz Métro Inc. Announces Private Placement of $200 Million Aggregate Principal Amount of 4.04% Senior Secured Notes Due 2043 and 4.19% Senior Secured Notes Due 2048
Feb 5 13
Gaz Métro Inc. announced that it has entered into an agreement to sell to certain institutional investors in the United States on a private placement basis $200 million aggregate principal amount of 4.04% senior secured notes due 2043 and 4.19% senior secured notes due 2048. The notes will be secured by a guarantee as to payment of principal and interest by Gaz Métro Limited Partnership, together with collateral security backed by the assets of Gaz Métro Inc. and Gaz Métro Limited Partnership. Proceeds from the private placement will be loaned by Gaz Métro Inc. to Gaz Métro Limited Partnership on substantially similar terms as to interest rate and maturity, and will be used by Gaz Métro Limited Partnership for the refinancing of existing debt and for general corporate purposes. The funding of the notes is anticipated to occur prior to April 30, 2013. The notes have not been registered under the U.S. Securities Act of 1933, as amended or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from registration under the Securities Act and applicable state securities laws.
Gaz Métro Inc. Announces First Public Liquefied Biomethane Fuelling Station at Rivi re-du-Loup
Jul 31 12
Gaz Métro announced a first public liquefied biomethane fuelling station at Rivière-du-Loup. The project was announced at a press conference held at the Rivière-du-Loup Carrefour du camion. The agreement covers the purchase of the liquefied biomethane produced by the anaerobic digestion plant at Rivière-du-Loup and the operation of a new biomethane fuelling station, intended for the heavy transport market. The project marks a new stage in the Blue Road' project, which supplies liquefied natural gas in the corridor between regions of Québec and Greater Toronto that is busily travelled by heavy trucks. As well as being the first public station unlike the two other fuelling stations serving the Blue Road, the one in Rivière-du-Loup will also be a trend-setter in distributing a renewable fuel. The project announced will also mark an important milestone in the innovative measures announced by the Québec government aimed at the development of liquefied natural gas for heavy transportation. Attentive to the needs of municipalities and to the desire of the government to promote green energies, Gaz Métro has signed an agreement with the Société d'économie mixte d'énergie renouvelable de la région de Rivière-du-Loup, wherein Gaz Métro Transport Solutions undertakes to buy all the liquefied biomethane produced by the Rivière-du-Loup plant for a minimum for 20 years. The annual production of liquefied biomethane at the Rivière-du-Loup plant is estimated at 3 million m3, which will lead to savings in GHG emissions of more than 7,000 tonnes. In fact, the use of biomethane as an alternative to diesel fuel by heavy trucks translates into a reduction of GHGs in the order of 85%. This project, which adds renewable natural gas to its offer of liquefied natural gas, is part of Gaz Métro's energy diversification plan. Local companies will also be able to take advantage of this new clean and economical solution.
Similar Private Companies By Industry
Recent Private Companies Transactions