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RBC buys natural gas supplier Athena Energy

Athena consists of two sister companies that supply natural gas to commercial clients in Quebec.


April 3, 2013
by The Canadian Press

TORONTO – Royal Bank has acquired Athena Energy Group, a privately held supplier of natural gas to commercial clients in Quebec.

Terms of the purchase have not been disclosed.

The deal expands RBC Capital Markets’ existing business offering structured pricing for natural gas in Quebec.

The Athena Energy Group, headquartered in St. Leonard, Que., consists of two sister companies, Athena Energy Marketing Inc. and Athena Energy Services Inc.

The Quebec natural gas structured contracts business has been renamed and will operate as RBC Natural Gas Services Inc., RBC said

©The Canadian Press