Energy/Power

Calgary-based junior oil producer Granite Oil Corp has agreed to be bought by International Petroleum Corp in a deal that values the business at C$79.7 million.

Brookfield Renewable Partners said it proposed to buy the 38 percent stake in TerraForm Power it does not already own.

Blackstone has led a recapitalization of Altus Power for $850 million.

Headquartered in greater Montreal, XNRGY is a newly formed HVAC engineering and manufacturing company.

Nautilus Solar Energy, a portfolio company of Power Energy Corp, a subsidiary of Power Corp of Canada, has acquired a portfolio of solar project assets from Virgo Investment Group.

Denham Capital has agreed to invest $250 million in Ceiba Energy, an owner and developer of power generation assets in Latin America, reported Reuters.

Thermal Solutions Manufacturing, a portfolio company of Altus Capital Partners, has acquired Alfa Laval Champ, which rebranded as TSM Champ.

Cona Resources Ltd, which is backed by Waterous Energy Fund, has acquired Pengrowth Energy Corporation.

Alberta Investment Management Corp and KKR agreed to acquire a 65 percent stake in the Coastal GasLink Pipeline Project from Calgary's TC Energy Corp.

Midcoast Energy Holdings, which is backed by ArcLight Capital Partners, has closed a $830 million refinancing with a consortium of Korean lenders and investors.