TriSummit Utilities Inc. News Releases

TriSummit Utilities Announces CFO

Tue, 17 Mar 2026 07:54:00 -0400

Calgary, Alberta--(Newsfile Corp. - March 17, 2026) - TriSummit Utilities Inc. ("the Company" or "TSU") today announced the appointment of Clint Warkentin as Executive Vice President and Chief Financial Officer, effective March 17, 2026. In this role, Clint will lead TriSummit's finance organization, including corporate finance and capital markets, treasury, financial reporting, financial planning and analysis, accounting, and tax. He will also provide financial oversight and governance across...

TriSummit Utilities Inc. Closes $350 Million Medium-Term Note Offering

Fri, 14 Nov 2025 10:51:00 -0500

Calgary, Alberta--(Newsfile Corp. - November 14, 2025) - TriSummit Utilities Inc. ("TSU") announced that it has completed its $350 million issuance of senior unsecured medium-term notes (the "Offering"). The Offering is comprised of $175 million of notes carrying a coupon rate of 3.71% and maturing on February 14, 2031, and $175 million of notes carrying a coupon rate of 4.40% and maturing on November 14, 2035.Net proceeds from the Offering will be used to repay amounts outstanding under TSU's...

TriSummit Utilities Inc. Announces $350 Million Medium-Term Note Offering

Wed, 12 Nov 2025 18:50:00 -0500

Calgary, Alberta--(Newsfile Corp. - November 12, 2025) - TriSummit Utilities Inc. ("TSU") announced today that it has agreed to issue $350 million of senior unsecured medium-term notes comprised of $175 million of notes carrying a coupon rate of 3.71% and maturing February 14, 2031 and $175 million of notes carrying a coupon rate of 4.40% and maturing on November 14, 2035 (collectively, the "Offering").The Offering is expected to close on or about November 14, 2025. The net proceeds resulting...

TriSummit Utilities Announces Appointment of Shaun Toivanen as President and CEO

Fri, 31 Oct 2025 08:07:00 -0400

Calgary, Alberta--(Newsfile Corp. - October 31, 2025) - TriSummit Utilities Inc. (the "Company" or "TSU") announced the appointment of Shaun Toivanen as President and Chief Executive Officer (CEO), effective November 1, 2025. Shaun has also been appointed to the Company's Board of Directors. Shaun succeeds Jared Green, who has stepped down from his role as President and CEO and as a director, after successfully leading the Company since its initial public offering in 2018. Shaun will continue in...

TriSummit Utilities Inc. Closes $150 Million Medium-Term Note Offering

Thu, 24 Apr 2025 10:46:00 -0400

Calgary, Alberta--(Newsfile Corp. - April 24, 2025) - TriSummit Utilities Inc. ("TSU") announced that it has completed its $150 million issuance of senior unsecured medium-term notes (the "Offering"). The notes carry a coupon rate of 4.48% and mature on April 24, 2032.Net proceeds from the Offering will be used (i) as to approximately $130 million, to repay amounts outstanding under TSU's Canadian syndicated revolving credit facility and Canadian operating credit facility, which amounts were...

TriSummit Utilities Inc. Announces $150 Million Medium-Term Note Offering

Tue, 22 Apr 2025 15:17:00 -0400

Calgary, Alberta--(Newsfile Corp. - April 22, 2025) - TriSummit Utilities Inc. ("TSU") announced today that it has agreed to issue $150 million of senior unsecured medium-term notes (the "Offering"). The notes carry a coupon rate of 4.48% and mature on April 24, 2032.The Offering is expected to close on or about April 24, 2025. The net proceeds resulting from the Offering will be used (i) as to approximately $130 million, to repay amounts outstanding under TSU's Canadian syndicated revolving...

TriSummit Utilities Inc. Announces Closing of the Acquisition of Alaska Utilities Business and Related Notes Financing

Wed, 01 Mar 2023 10:11:00 -0500

Calgary, Alberta--(Newsfile Corp. - March 1, 2023) - TriSummit Utilities Inc. ("TriSummit" or "TSU") is pleased to announce today that it has successfully closed its acquisition (the "Transaction") of the Alaska gas distribution, transmission, and storage assets of SEMCO Energy, Inc., a subsidiary of AltaGas Ltd. (TSX: ALA) for approximately C$1.1 billion (US$800 million). The Transaction enhances TriSummit's position as a growing North American utility and renewable energy company, increasing...