AltaGas Ltd. (TSX:ALA) entered into a definitive agreement to acquire 50% in Aitken Creek Processing Facilities of Black Swan Energy Ltd. for approximately CAD 190 million on September 26, 2018. The investment in the Aitken Creek Processing Facilities includes CAD 140 million in 2018 and an estimated CAD 50 million in fourth quarter of 2019. The transaction is subject to satisfaction of customary closing conditions and is anticipated to close in early October 2018. Kurtis Reed, Fred Erickson, Stephen Wintermute, Susan Hutton, Jessica Rutledge, Julie D’Avignon, Kevin Guenther, Rachel Hutton, Daniel Yip and Leland Corbett of Stikeman Elliott LLP acted as legal advisor to AltaGas Ltd. Kevin Johnson, Ryan Keays, Thomas Collopy, Alisha Alibhai, Marlow Gereluk, Amy Yang, and Darren Hueppelsheuser of Norton Rose Fulbright Canada LLP acted as legal advisor to Black Swan Energy Ltd. AltaGas Ltd. (TSX:ALA) completed the acquisition of 50% in Aitken Creek Processing Facilities of Black Swan Energy Ltd. on October 2, 2018.