On the Record · Altera Infrastructure
Altera Infrastructure acquisitions, on the record
The businesses Altera Infrastructure bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
publicly held common units of Altera Infrastructure L.P. not already held by BrookfieldWord for word“On January 22, 2020, Brookfield completed its acquisition by merger (or the Merger ) of all of the outstanding publicly held and listed common units representing our limited partner interests held by parties other than Brookfield (or unaffiliated unitholders ) pursuant to the Merger Agreement among us, our general partner and certain members of Brookfield.” 20-F for 2019 | agreed acquisition | — | — |
Stena Sirita shuttle tankerWord for word“In January 2020, we delivered the 1999-built Stena Sirita shuttle tanker to its buyer for green recycling and received total proceeds of approximately $6 million, which was the approximate carrying value of the vessel.” 20-F for 2019 | divestiture | In January 2020 | approximately $6 million |
Alexita Spirit shuttle tankerWord for word“In April 2019, we delivered the 1998-built Alexita Spirit shuttle tanker to its buyer for green recycling and received total proceeds of approximately $9 million and recorded a gain on the sale of the vessel of approximately $1 million during the second quarter of 2019.” 20-F for 2019 | divestiture | April 2019 | approximately $9 million |
Nordic Spirit shuttle tankerWord for word“In April 2019, we delivered the 2001-built Nordic Spirit shuttle tanker to its buyer for green recycling and received total proceeds of approximately $9 million and recorded a gain on the sale of the vessel of approximately $1 million during the second quarter of 2019.” 20-F for 2019 | divestiture | April 2019 | approximately $9 million |
Pattani Spirit FSO unitWord for word“In April 2019, we delivered the Pattani Spirit FSO unit to its buyer for continued operations for total proceeds of approximately $16 million and recorded a gain on the sale of the vessel of approximately $11 million during the second quarter of 2019.” 20-F for 2019 | divestiture | April 2019 | approximately $16 million |
Publicly held and listed common units of Altera Infrastructure L.P. not already held by BrookfieldWord for word“Completion of Brookfield Acquisition by Merger On January 22, 2020, Brookfield completed the Merger, by which it acquired all of the outstanding publicly held and listed common units representing our limited partner interests held by parties other than Brookfield.” 20-F for 2020 | merger | January 22, 2020 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) |
|---|---|
| 2016-12-31 | $0 |
| 2017-12-31 | $0 |
| 2018-12-31 | −$25.3 million |
| 2019-12-31 | $0 |
Read from Altera Infrastructure’s annual reports (20-F for 2021, 20-F for 2020, 20-F for 2019) and the financial data it files with the SEC, as of 2022-03-09. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.