Enbridge

Enbridge is a prominent energy transportation and distribution company based in Canada, specializing in the gathering, transmission, and distribution of natural gas. The company operates a vast network of pipelines, including the Canadian Mainline system and various regional oil sands pipelines, making it a key player in hydrocarbon transport across North America. Enbridge is recognized for its sustainability efforts, having been included in the Global 100 Most Sustainable Corporations in the World ranking for the past five years. Additionally, it owns Canada's largest natural gas distribution company, delivering services in Ontario, Quebec, New Brunswick, and New York State. Enbridge is also expanding its portfolio in renewable energy, with interests in wind, solar, and geothermal projects, amounting to 1,700 megawatts of generating capacity. Employing over 10,000 individuals predominantly in Canada and the U.S., Enbridge has earned distinctions as one of Canada's Greenest Employers and one of its Top 100 Employers.

Patrick Murray

CFO

Laura Buss Sayavedra

Senior Vice President, of projects and Chief Administrative Officer

Chuck Szmurlo

Vice President, Alternative and Emerging Technology

23 past transactions

PSNC Energy

Acquisition in 2024
PSNC Energy is a natural gas business. The company distributes natural gas and promotes and installs new and replacement parts for water heating, space heating, cooling, and humidity controls.

Aitken Creek Gas Storage

Acquisition in 2023
Aitken Creek Storage is an underground reservoir located 120 kilometres northeast of Fort St. John, B.C., and is the largest and only underground natural gas storage facility in B.C., totaling 77 billion cubic feet of working gas capacity.

Divert

Private Equity Round in 2023
Divert, Inc. is a provider of resource recovery services focused on managing food and associated waste within the retail industry. Founded in 2007 and based in Concord, Massachusetts, the company offers a software as a service (SaaS) platform that integrates seamlessly into existing retail operations. This platform includes tools for tracking, donating, and recycling food waste, allowing retailers to meet diversion goals, monitor individual store performance, and achieve cost savings. Divert's innovative approach combines no-sort organics bins and intelligent tracking labels, optimizing operations for various materials, including Styrofoam, waxed cardboard, and plastics. The company's solutions not only enhance operational efficiency but also contribute to a positive environmental impact, reinforcing its commitment to sustainability in waste management. Divert, Inc. was formerly known as Feed Resource Recovery Inc. until its name change in May 2016.

Coffee Cherry

Venture Round in 2023
Coffee Cherry specializes in upcycling leftover coffee cherries into a sustainable food ingredient known as coffee flour, which is used in various bakery products, including cookies, chocolates, and chocolate beverages. The company focuses on transforming discarded coffee fruits, a byproduct of green coffee production, into a nutrient-dense culinary ingredient that is high in fiber, protein, potassium, calcium, and iron. By employing an organic conversion process, Coffee Cherry addresses crop wastage issues, allowing consumers to access a unique and flavorful product while promoting sustainability in the food industry.

Tri Global Energy

Acquisition in 2022
Tri Global Energy is a utility-scale renewable energy developer based in Dallas, Texas. Founded in 2009 by John B. Billingsley, Jr., the company focuses on the development and construction of wind, solar, and hybrid power projects. Tri Global Energy plays a significant role in the renewable energy landscape, particularly in Texas, where it is responsible for nearly a quarter of all wind energy projects currently under construction. In addition to its wind energy initiatives, the company has expanded into solar energy development, further increasing its capacity to meet the growing demand for clean and sustainable energy. Through its projects, Tri Global Energy aims to contribute to a cleaner environment and reduce pollution.

Flyscan

Seed Round in 2022
Flyscan Systems Inc. is a Québec-based company established in 2015, specializing in the development of airborne technology for detecting oil leaks in pipelines. The company's innovative platform automates the identification of small oil leaks and offers various visual inspection functions tailored for the energy sector. By utilizing industrial optics and photonics systems mounted on airborne vehicles, Flyscan provides remote detection services that enable clients to monitor underground pipelines effectively. This technology helps clients promptly address any leakages, thereby mitigating potential environmental damages.

Smart Pipe

Corporate Round in 2022
Smart Pipe Company, Inc. specializes in the design and manufacture of pipeline rehabilitation systems in the United States. Founded in 2000 and based in Katy, Texas, the company provides Smart Pipe, a monitored reinforced thermoplastic pipe that can be utilized for rehabilitating existing pipelines or as a standalone replacement. This innovative product addresses the need for effective and durable solutions in pipeline management and maintenance.

Moda Midstream

Acquisition in 2021
Moda Midstream is a liquids terminaling and logistics company that specializes in providing independent terminal, storage, and distribution services for a variety of energy products. The company caters to refiners, petrochemical manufacturers, marketers, and producers of crude oil, condensate, natural gas liquids (NGLs), and refined products. Moda Midstream offers a range of services, including deepwater vessel loading and unloading, storage, blending, processing, and pipeline operations. Committed to safety and reliability, the company focuses on delivering flexible multimodal connectivity to ensure that customers receive efficient and effective solutions tailored to their needs.

Karada Portal

Funding Round in 2021
Karada Portal is a health management platform that focuses on promoting health advocacy and preventive medical care. The company provides an application that facilitates the distribution of health examination results directly to users' smartphones and personal computers. By streamlining the delivery of health check results, Karada Portal aims to improve efficiency for healthcare laboratories while supporting individuals in managing their health more effectively. The platform is designed to enhance health management events and provide essential support for health promotion initiatives.

Flyscan

Venture Round in 2020
Flyscan Systems Inc. is a Québec-based company established in 2015, specializing in the development of airborne technology for detecting oil leaks in pipelines. The company's innovative platform automates the identification of small oil leaks and offers various visual inspection functions tailored for the energy sector. By utilizing industrial optics and photonics systems mounted on airborne vehicles, Flyscan provides remote detection services that enable clients to monitor underground pipelines effectively. This technology helps clients promptly address any leakages, thereby mitigating potential environmental damages.

Midcoast Energy Partners

Private Equity Round in 2017
Midcoast Energy Partners, L.P., established in 2013 and headquartered in Houston, Texas, is a midstream energy company that specializes in the gathering, processing, treating, transporting, and marketing of natural gas, natural gas liquids (NGLs), crude oil, and condensate. It operates approximately 10,800 miles of natural gas gathering and transmission pipelines, and around 282 miles of NGL gathering and transportation pipelines. The company also holds a significant interest in an NGL intrastate transportation mainline and related gathering systems. Midcoast serves customers across Texas and Mississippi, providing a comprehensive suite of services that includes compressing, cryogenic recoveries, dehydrations, CO2/H2S sweetening, condensate stabilization, and marketing. It is a subsidiary of Enbridge Energy Partners, L.P.

Spectra Energy

Acquisition in 2016
Spectra Energy Corp is a prominent pipeline and midstream company in North America, recognized for its extensive infrastructure developed over nearly a century. The company operates approximately 22,000 miles of natural gas and crude oil pipelines across the United States and Canada, complemented by around 305 billion cubic feet of natural gas storage capacity and 4.8 million barrels of crude oil storage. Spectra Energy's wholly owned businesses include Union Gas, the BC Pipeline Division, the BC Field Services Division, and the Natural Gas Liquids Division. Additionally, the company holds significant interests in DCP Midstream and Spectra Energy Partners, which encompass various transmission and storage systems. The Express Platte system, a vital 1,700-mile integrated oil transportation network, facilitates connections between Canadian and U.S. producers and refiners in the Rocky Mountain and Midwest regions. Headquartered in Houston, Spectra Energy also maintains major offices in several key locations across North America, including Massachusetts, Alberta, Ontario, Colorado, Nova Scotia, Tennessee, Wyoming, and British Columbia.

Morgan Solar

Series C in 2016
Morgan Solar Inc. is a company established in 2007 with a focus on developing efficient and cost-effective solar technology. Founded by John Paul Morgan, a Physics Engineer with expertise in optics and photovoltaics, the company aims to address longstanding challenges in solar energy. Its flagship product, the Sun Simba HCPV, is tailored for solar farm applications and was introduced following initial testing and demonstrations beginning in 2009. In addition to this, Morgan Solar offers innovations such as the Sun Stream Window and the Sun Block Panel, which cater to building applications. The company utilizes advanced sunlight management systems, including ray tracing software that models various factors affecting urban environments, such as daylight, glare, and energy generation potential. This technology is supported by IoT sensors and a data analytics portal, enabling clients to customize their energy solutions effectively.

Skyonic

Venture Round in 2014
Skyonic Corporation is an environmental technology company based in Austin, Texas, founded in 2005. The company specializes in developing patented technologies, specifically its SkyMine system, which captures carbon dioxide emissions from industrial flue gases and converts them into solid carbonate materials, such as sodium bicarbonate, hydrochloric acid, and other useful products. This post-combustion carbon capture and sequestration technology addresses climate change by mineralizing CO2, effectively reducing greenhouse gas emissions from facilities such as cement plants, refineries, and steel mills. Skyonic's innovative approach not only mitigates environmental impact but also enables the production of carbon-negative materials for various applications, including the manufacture of polyvinyl chloride pipes and glass. Additionally, the company offers services related to the construction, installation, and maintenance of its technology and facilities.

Hifi Engineering

Venture Round in 2014
HiFi Engineering Inc. specializes in the development of advanced fiber optic sensing systems, hardware, and visualization software designed for downhole and pipeline applications. Founded in 2007 and headquartered in Calgary, Canada, the company offers a range of products, including its HDS MiCro tool for downhole flow monitoring and the HDS MaCro system for permanent pipeline and reservoir monitoring. HiFi Engineering’s systems are tailored for oil and gas service companies in North America, focusing on critical applications such as reservoir monitoring, well integrity assessment, and leak detection. The company’s technology is supported by over 33 patents, showcasing its commitment to innovation in the field. With a team of experienced electrical and software engineers, HiFi Engineering emphasizes the delivery of high-quality data through its cutting-edge sensing technology and software platforms.

IntelliView

Venture Round in 2014
IntelliView Technologies Inc., established in 2003 and based in Calgary, Canada, specializes in designing and developing advanced video analysis and processing solutions. The company's core offerings include SmartDVR, SmrtFENCE, SmrtCOUNT, SmrtALPR, and SmrtFLEET, catering to diverse sectors such as oil and gas, construction, transportation, and government. IntelliView's solutions leverage AI-powered cameras for 24/7 monitoring, automated detection, and alerting of liquid and gas leaks, even in harsh weather conditions. The company partners with industry leaders like Microsoft, Cisco, and IBM to deliver high-accuracy, customizable, and reliable solutions, aiming to enhance safety, efficiency, and sustainability in industrial operations.

Smart Pipe

Series A in 2013
Smart Pipe Company, Inc. specializes in the design and manufacture of pipeline rehabilitation systems in the United States. Founded in 2000 and based in Katy, Texas, the company provides Smart Pipe, a monitored reinforced thermoplastic pipe that can be utilized for rehabilitating existing pipelines or as a standalone replacement. This innovative product addresses the need for effective and durable solutions in pipeline management and maintenance.

Ingenu

Series C in 2013
Ingenu Inc. is a company based in San Diego, California, that specializes in developing wireless networks designed specifically for machine-to-machine communication and Internet of Things (IoT) connectivity. Founded in 2008, Ingenu has created a vast IoT network that utilizes its proprietary RPMA technology, enabling long-range connectivity for various industries, including asset tracking, agriculture, connected vehicles, digital oil fields, environmental monitoring, insurance, and fleet management. The company's focus is on providing reliable connectivity exclusively for machines, facilitating applications such as smart metering, remote monitoring, and data collection. Despite its innovative technology and market presence, Ingenu Inc. filed for reorganization under Chapter 11 in July 2020.

Enbridge Energy Partners

Funding Round in 2013
Enbridge Energy Partners is a master limited partnership that specializes in the ownership and operation of crude oil transportation systems across the United States. Established in 1991 and headquartered in Houston, Texas, the company was originally known as Lakehead Pipe Line Partners before rebranding in 2001. Enbridge Energy Partners primarily focuses on crude oil infrastructure, with significant assets including the Lakehead system, which forms part of the U.S. segment of the Canadian Mainline pipeline system. In addition to its crude oil operations, the company is involved in gas distribution and provides services related to gas transmission and midstream activities.

Temporal Power

Series B in 2013
Temporal Power is an Ontario-based developer and manufacturer of electrical energy storage systems. The company’s breakthrough technology enables utilities, generators and industrial customers to realize the benefits of large-scale energy storage with a low cost, high performance solution. In 2013, Temporal Power will commission 7 MW of its power storage solution in Ontario, with the province’s two largest utility companies, the Independent Electricity System Operator and NRstor Inc. (www.nrstor.com), a developer of energy storage projects.

Morgan Solar

Series B in 2011
Morgan Solar Inc. is a company established in 2007 with a focus on developing efficient and cost-effective solar technology. Founded by John Paul Morgan, a Physics Engineer with expertise in optics and photovoltaics, the company aims to address longstanding challenges in solar energy. Its flagship product, the Sun Simba HCPV, is tailored for solar farm applications and was introduced following initial testing and demonstrations beginning in 2009. In addition to this, Morgan Solar offers innovations such as the Sun Stream Window and the Sun Block Panel, which cater to building applications. The company utilizes advanced sunlight management systems, including ray tracing software that models various factors affecting urban environments, such as daylight, glare, and energy generation potential. This technology is supported by IoT sensors and a data analytics portal, enabling clients to customize their energy solutions effectively.

Tonbridge Power

Acquisition in 2011
Tonbridge Power Inc. designs, constructs, owns, and operates transmission capacity for power generators underserved by the existing power grid in the United States and Canada. The company, through its subsidiary, Montana Alberta Tie Ltd., primarily engages in developing a 345 kilometer, 230 kilovolt transmission line connecting Lethbridge, Alberta and Great Falls, Montana. Tonbridge Power Inc. is headquartered in Toronto, Canada. As of October 13, 2011, Tonbridge Power Inc. operates as a subsidiary of Enbridge Inc. Source : (Businessweek){ http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=22813634}

Cantera Resources

Acquisition in 2003
Cantera Resources, Inc. is engaged in the exploration and development of oil and natural gas properties, primarily targeting the onshore Gulf Coast regions. The company specializes in acquiring properties that have potential for further exploration and development. In addition to its exploration activities, Cantera Resources provides processing and marketing services for natural gas and liquids, positioning itself as a key player in the energy sector. Through its strategic focus on enhancing property value and optimizing resource extraction, Cantera aims to capitalize on opportunities within the dynamic energy market.
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