ATLAS News · Deals

Brookfield to Buy Edmonton's Gregg Distributors for $1.6 Billion

Published November 13, 2026 · 1 sources

EnergyNow reports that Brookfield is acquiring Edmonton-based Gregg Distributors in an energy services deal valued at $1.6 billion.

What happened

EnergyNow reports that investment firm Brookfield has agreed to buy Gregg Distributors, a company based in Edmonton. The outlet describes the transaction as an energy services deal.

The reported value of the acquisition is $1.6 billion. The headline does not provide further terms, timing or conditions, and ATLAS will not add details beyond what the source states.

Context

Brookfield is a large global investment firm, and its group includes listed entities such as Brookfield and Brookfield Asset Management.

Why it matters

The deal shows continued investor interest in energy services businesses, and it may be relevant to followers of the Brookfield entities involved.

Stocks in this story

Price changes are shown for the trading day of the story and are a coincidence in time, not proof that the news caused them. Figures are ATLAS data from our database.

BrookfieldBN

−1.61%

Financial Services · NYSE

Live price

$40.97▼ -1.61%

live price · USD

Close on November 13: $40.97−1.61% vs. previous close ($41.64)
Chance of a rise in 1 month: 50%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $38.67 and $43.49; 9 in 10, between $34.84 and $48.27.

See the full ATLAS analysis of Brookfield →

Brookfield Asset ManagementBAM

+0.23%

Financial Services · NYSE

Live price

$51.53▲ +0.23%

live price · USD

Close on November 13: $51.53+0.23% vs. previous close ($51.41)
Fair value (ATLAS): $101.18Fair range: $91.06 to $111.29The price ($51.53) is 49.1% below that figure.
Chance of a rise in 1 month: 50%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $48.52 and $54.79; 9 in 10, between $43.57 and $61.03.

See the full ATLAS analysis of Brookfield Asset Management →

Closing prices, fair value and probabilities: ATLAS own data. How we calculate fair value.

Sources

ATLAS writes its own summaries from the reporting of these outlets. Each link opens the original publisher.

ENERGY SERVICES DEAL: Investment Giant Brookfield Buys Edmonton’s Gregg Distributors for $1.6 Billion · EnergyNow · November 13, 2026

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Information, not advice. This content is informational and is not an investment recommendation or an offer to buy or sell securities. ATLAS estimates come from statistical models using public data, can be wrong, and past performance does not guarantee future results. Disclaimer