Teine Energy Ltd.
private/Gibson Energy Inc.TSX: GEIGibson Energy closes $400M Chauvin Infrastructure acquisition
Deal value
—
cash
Per-share offer
—
CAD $400 million in cash
Premium
—
Days to close
—
Term fee
—
Spread Calculator
Manual price entry · saved per ticker
No structured deal economics extracted yet. Re-run the scanner or fall back to the source filing below.
Announced
May 1, 2026
Preliminary Proxy
—
Definitive Proxy
—
Record date
—
Shareholder vote
—
Expected close
—
No shareholder vote required for this transaction.
Regulatory approvals
- ✓Financing· No financing condition
No competing-bidder, activist, or dissident-proxy signals in the database for this target.
No advisor data on record for this deal.
- May 1, 2026this filing
Gibson Energy closes $400M Chauvin Infrastructure acquisition
- May 1, 2026
Gibson Energy closes $400M Chauvin Infrastructure acquisition
| Date | Form | Section | Headline | Status |
|---|---|---|---|---|
| May 1, 2026 | — | definitive | Gibson Energy closes $400M Chauvin Infrastructure acquisition | closed |
Gibson Energy Inc. has completed its acquisition of Teine Energy Ltd.'s Chauvin Infrastructure Assets for CAD $400 million, which includes a crude oil gathering pipeline system connecting Chauvin to the Hardisty oil hub. The acquisition is supported by long-term take-or-pay and area-of-dedication agreements with Teine Energy, and was funded through net proceeds from a CAD $215 million equity offering and existing credit facility drawings. Gibson has simultaneously sanctioned the Hardisty Connection growth project to directly connect the Chauvin assets to its core terminal and plans to sanction a pipeline expansion project by end of 2026 to increase capacity from 30,000 to 45,000 bbl/d.