Enerflex to Combine with Exterran
January 25, 2022
Davies is acting as Canadian financing counsel to Enerflex Ltd. in establishing a US$600-million revolving credit facility and a US$925-million bridge credit facility for its US$735-million business combination with Exterran Corporation.
The cross-border deal will create a premier integrated global provider of energy infrastructure, strengthening Enerflex’s ability to serve customers in key natural gas, water and energy transition markets.
The transaction is expected close in the second or third quarter of 2022.
The Davies team advising on the financing includes Scott Hyman, David Wilson and Stephen Dalby (Finance); and Christopher Anderson (Tax).