Veresen Inc. (VSN)

As of October 2, 2017, Veresen Inc. was acquired by Pembina Pipeline Corporation. Veresen Inc. operates as an energy infrastructure company in North America. It operates in Pipeline and Midstream segments. The Pipeline segment owns a 100% interest in the Alberta Ethane Gathering System, a 1,330 kilometer pipeline system that transports ethane from various ethane extraction plants to petrochemical complexes located near Joffre and Fort Saskatchewan, Alberta; a 50% convertible preferred interest in the Ruby Pipeline, a 680-mile pipeline system that transports natural gas between the Opal hub in Wyoming and the Malin hub in Oregon; and a 50% interest in the Alliance Pipeline, an integrated pipeline system comprising a 3,000 kilometer natural gas and natural gas liquids (NGL) pipeline that extends from northeastern B.C. to points near Chicago, Illinois, as well as operates 5 waste heat power generation facilities. The Midstream segment operates the natural gas processing, gathering, and compression assets located in Alberta and British Columbia; and a NGL extraction and fractionation facility that recovers ethane, propane, normal butane, iso-butane, and natural gasoline located at Channahon, Illinois. This segment also operates storage facilities, downstream NGL pipelines, and loading facilities; NGL injection facilities in Alberta and British Columbia; and off-gas processing facility in Fort Saskatchewan. The company was formerly known as Fort Chicago Energy Partners L.P. and changed its name to Veresen Inc. in January 2011. Veresen Inc. was founded in 1997 and is headquartered in Calgary, Canada.