Secure Energy Services Inc., a Calgary-based waste management and energy infrastructure company, has signed an agreement with Waste Connections Inc. to sell a portfolio of 30 energy waste treatment and disposal facilities in Western Canada in a deal valued at approximately $1.075 billion.

Tervita Corporation formerly owned the facilities.

Bennett Jones LLP is serving as legal counsel and Goldman Sachs & Co. LLC as the exclusive financial advisor to Secure in connection with the transaction.

The assets to be acquired by Waste Connections include 18 treatment, recovery, and disposal facilities; six landfills; four saltwater disposal injection wells; and two disposal caverns.

The deal is expected to close in the first quarter of 2024, subject to customary closing conditions.