Company Overview of Société en commandite Gaz Métro
Société en Commandite Gaz Métro distributes natural gas in Quebec and Vermont, Canada. It serves 300 municipalities and approximately 185,000 customers through its underground distribution system that extends over more than 10,000 km. The company also distributes electricity to approximately 300,000 customers in Vermont. Société en Commandite Gaz Métro is also involved in the development of sustainability-oriented energy projects, such as the production of wind power, the use of natural gas as a transportation fuel, and the development of biomethane as a renewable energy source. Further, it sells and rents natural gas air conditioning, heating systems, and water heaters, as well as offers re...
1717 du Havre
Montreal, QC H2K 2X3
Founded in 1957
Key Executives for Société en commandite Gaz Métro
Chief Executive Officer of Gaz Métro Inc
Chief Financial Officer of Gaz Metro Inc and Executive Vice President of Corporate Affairs - Gaz Metro Inc
Vice President of Operations - Gaz Métro Inc
Chief Executive Officer of CDH Solutions & Operations Inc
Chief Executive Officer of Vermont Gas Systems Inc and President of Vermont Gas Systems Inc
Compensation as of Fiscal Year 2013.
Société en commandite Gaz Métro Key Developments
Boralex Inc., Gaz Métro Limited Partnership and Valener Inc. Announces Commercial Commissioning of the First 131 MW of the Seigneurie de Beaupré Wind Farms
Nov 28 13
Boralex Inc., Gaz Métro Limited Partnership and Valener Inc. announced commercial commissioning of the first 131 MW of the Seigneurie de Beaupré Wind Farms within the projected time frame. Highlights of the 272 MW Phase I of the Seigneurie de Beaupré Wind Farms: 50,000 Québec homes can be supplied with electricity annually. 1.5 million hours of work were needed to erect the 126 turbines. $750 million in investments, including $360 million in Québec and $145 million in the Capitale-Nationale region. More than 30 local businesses in the Côte-de-Beaupré region took part in the 272 MW Phase I construction. The Seigneurie de Beaupré Wind Farms, with a total contracted capacity of 365 MW. The first phase of 272 MW (Farms 2 & 3), commissioned in late 2013, and the second phase of 68 MW (Farm 4), which is expected to start operating in late 2014, represents the projects of the Boralex and Gaz Métro|Valener consortium. In addition, the 25 MW Côte-de-Beaupré wind farm built in partnership by Boralex and the Côte-de-Beaupré RCM is expected to start up in 2015.
Boralex Inc., Gaz Métro Limited Partnership and Valener Inc. Announce Completion of a Non-Recourse Financing Totaling $166.1 Million for Phase II of Seigneurie De Beaupré Wind Farms
Oct 29 13
Boralex Inc., Gaz Métro Limited Partnership and Valener Inc. announced the completion of a non-recourse financing totaling $166.1 million for Phase II of the Seigneurie de Beaupré Wind Farms. This project, valued at approximately $200 million, has an installed capacity of 68 MW with commissioning scheduled for late 2014. The economic benefits of Phase II, estimated at $14 million, will be in addition to the $117 million generated to date by the project's Phase I in the greater Québec City area. Total financing, amounting to $166.1 million, consists of: a $142.4 million construction loan, to be converted into a fixed-rate term loan amortized over a 19.5-year term after the beginning of commercial operations scheduled for December 2014, and a short-term bridge financing and a letter of credit facility, totaling $23.7 million, for purposes of financing certain costs incurred during construction that are reimbursable by Hydro-Québec and issuing various letters of credit. The group of lenders consists of Sun Life Financial, KfW IPEX-Bank and Industrial Alliance Insurance and Financial Services Inc.
Union Gas Limited, Gaz Métro Limited Partnership, and Enbridge Gas Distribution Reach Agreement with TransCanada PipeLines to Ensure Access to Diverse, Affordable Natural Gas Supplies At Dawn Hub And Niagara
Sep 13 13
Union Gas Limited, Gaz Métro Limited Partnership and Enbridge Gas Distribution announced an agreement with TransCanada PipeLines to ensure access to diverse and affordable natural gas supplies. The agreement includes a revised framework for TransCanada's mainline tolls and the proposed Kings North project. The revised project, when combined with Segment A of Enbridge Gas' proposed GTA Project, will provide a new natural gas transportation path through the constrained Parkway to the Maple transportation corridor near Toronto, Ontario, giving consumers in eastern Ontario, Quebec and markets further east, secure access to diverse and affordable supplies of natural gas. This gas will be distributed from the Union Gas Dawn Market Hub in south western Ontario and through Niagara. Details of the agreement will be developed in the coming weeks. While this agreement will increase consumers' access to affordable energy, Union Gas, Gaz Métro and Enbridge Gas are continuing discussions with TransCanada regarding the proposed Energy East Project which would convert a portion of TransCanada's Mainline system from natural gas to oil.
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