Shell to Acquire ARC Resources in $16.4 Billion Strategic Deal - The Globe and Mail
Shell→ARC Resources
Apr 28, 2026

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Fusion Capital Partners has acquired Aqualis, a utility services business in the energy sector. Aqualis provides sustainable water management services, supporting water treatment, infrastructure, and operational efficiency for utilities and industrial customers. The Fusion Capital Partners acquisition expands its platform acquisition in utility services acquisition focused on water-related environmental performance. The deal is announced and structured as a platform acquisition led by a private equity buyer, aligning with energy M&A priorities in sustainable infrastructure. Deal size was not disclosed, and no closing date or advisor details were provided.
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