CSV Midstream Solutions Corp. acquires Karr 6-18 natural gas facility from Paramount Resources Ltd.
Along with the South Pipestone Compressor and Resthaven Gas Plant (pictured here), the acquisition of the Karr facility places CSV Midstream in a strong position to support natural gas needs. — Photo courtesy CSV Midstream
CSV Midstream Solutions Corp. (“CSV Midstream” or the “Company”) is pleased to confirm it has completed its previously announced acquisition of the Karr 6-18 natural gas facility (“Karr”) from Paramount Resources Ltd. The acquisition was made possible through the strategic investment partnership between CSV Midstream and Northleaf Capital Partners.
CSV Midstream announced earlier this year its acquisition of the South Pipestone Compressor and hydrocarbon liquids handling facility. The addition of Karr, together with the Company’s Resthaven Gas Plant, positions the Company to support natural gas and natural gas liquids producers’ needs within the hydrocarbon liquids rich resource region of northwestern Alberta.
CSV Midstream is a Calgary-based company offering full services for complete midstream solutions. With a vision to advance midstream, it provides innovative, sustainable strategies in the engineering, design, construction, operation and management of natural gas and NGL assets, including sweet and sour gas processing, liquids handling and fractionation, and gas gathering and transmission pipelines. CSV Midstream’s primary focus is the developing natural gas energy industry in the Western Canadian Sedimentary Basin. For more information about CSV Midstream, please visit csvmidstream.com.
Northleaf Capital Partners is an independent global private markets fund manager with more than US$13 billion in private equity, private credit and infrastructure commitments under management on behalf of public, corporate and multi-employer pension plans, endowments, foundations, financial institutions and family offices. Northleaf’s 140-person team, located in Toronto, Montreal, London, New York, Chicago, Menlo Park and Melbourne, is focused exclusively on sourcing, evaluating and managing private markets investments globally. Northleaf’s portfolio includes more than 350 active investments in 34 countries, with a focus on mid-market companies and assets.
For more information about Northleaf, please visit northleafcapital.com