KKR Invests $75.3M In Canadian Energy Co. Westbrick

Law360, New York (November 19, 2012, 4:54 PM EST) -- New York private equity giant KKR & Co. LP has made a strategic investment of CA$75 million (US$75.3 million) in Canadian oil and gas company Westbrick Energy Ltd. and will invest an additional CA$175 million of equity capital in the energy firm, Westbrick said Monday.

KKR closed on the initial CA$75 million investment Monday, according to the statement by Calgary, Alberta-based Westbrick. The financing will go toward Westbrook's capital program and acquisition strategy, the company said.

The PE firm has also committed to fund future follow-on...
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