Energy/Power Archives | PE Hub https://www.pehub.com/sectors/energy-power/ For the world's private equity markets Thu, 21 Dec 2023 21:02:43 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.2 Apollo-backed WattEV’s growth to be fueled by decarbonization of California and other states https://www.pehub.com/apollo-backed-wattevs-growth-to-be-fueled-by-decarbonization-of-california-and-other-states/ Thu, 21 Dec 2023 12:00:24 +0000 https://www.pehub.com/?p=20000003681010 Starting in 2024, companies like Procter & Gamble, Target, IKEA, MGA and Walmart must use zero-emissions vehicles at ports of entry for commerce in California.

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]]> CPP Investments pours additional £300m into Octopus Energy https://www.pehub.com/cpp-investments-pumps-extra-300m-into-octopus-energy/ Tue, 19 Dec 2023 15:08:49 +0000 https://www.pehub.com/?p=20000003681042 Octopus Energy Group is a British renewable energy group specializing in sustainable energy.

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]]> Fengate buys Morris Cogeneration from Atlantic Power and Utilities https://www.pehub.com/fengate-buys-heat-and-power-facility-morris-cogeneration-from-atlantic-power-and-utilities/ Tue, 19 Dec 2023 15:03:21 +0000 https://www.pehub.com/?p=20000003681045 Fengate acquired ownership of the facility under its strategic operating partnership with energy generation investor and asset manager Ironclad Energy.

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]]> Ardian buys Peruvian hydropower company https://www.pehub.com/ardian-buys-peruvian-hydropower-company/ Mon, 18 Dec 2023 15:09:44 +0000 https://www.pehub.com/?p=20000003680982 The sellers are BTG Pactual, Patria Investments and GMR Holding B.V.

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]]> TG Natural Resources to acquire Quantum Capital-backed Rockcliff Energy for $2.7bn https://www.pehub.com/tg-natural-resources-to-acquire-quantum-capital-backed-rockcliff-energy-for-2-7bn/ Mon, 18 Dec 2023 12:50:19 +0000 https://www.pehub.com/?p=20000003680971 Rockcliff Energy is an upstream natural gas company focused on developing the East Texas Haynesville shale.

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]]> EQT’s Alex Darden: Private capital has a huge role to play in the transition to net zero https://www.pehub.com/eqts-alex-darden-private-capital-has-a-huge-role-to-play-in-the-transition-to-net-zero/ Mon, 18 Dec 2023 12:00:15 +0000 https://www.pehub.com/?p=20000003680936 Madison Energy Infrastructure was among EQT’s most significant infrastructure investments of 2023.

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]]> Renewable energy assets yielded big deals for utilities and others in 2023 https://www.pehub.com/top-pe-backed-renewable-energy-utility-deals-of-2023/ Thu, 14 Dec 2023 13:00:12 +0000 https://www.pehub.com/?p=20000003680664 Apollo, ArcLight, Blackstone, Brookfield, EnCap and other investors struck big deals for wind, solar and hydro portfolios.

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]]> Repowering the grid: 5 PE deals in the utility EPC sector https://www.pehub.com/repowering-the-grid-5-pe-deals-in-the-utility-epc-sector/ Wed, 13 Dec 2023 12:05:07 +0000 https://www.pehub.com/?p=20000003680725 Calera, Greenbelt, Align, Oaktree and CAI are among the private equity firms buying engineering, procurement and construction contractors for utilities.

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]]> Occidental inks deal to acquire Lime Rock-backed oil and gas producer CrownRock https://www.pehub.com/occidental-inks-deal-to-acquire-lime-rock-backed-oil-and-gas-producer-crownrock/ Mon, 11 Dec 2023 15:18:10 +0000 https://www.pehub.com/?p=20000003680650 The deal is valued at about $12 billion.

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]]> Calera Capital-backed TIS picks up underground utility firm Dynetek https://www.pehub.com/calera-capital-backed-tis-picks-up-underground-utility-firm-dynetek/ Thu, 07 Dec 2023 15:46:33 +0000 https://www.pehub.com/?p=20000003680564 Headquartered in Warren, Michigan, TIS is an infrastructure services provider in the power, fiber, and wireless communications construction industries.

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]]> Triple Oak Power deal on track by year-end: sources https://www.pehub.com/triple-oak-power-deal-on-track-by-year-end-sources/ Tue, 05 Dec 2023 17:45:06 +0000 https://www.pehub.com/?p=20000003680446 EnCap Investments, Yorktown Partners and Mercuria Energy Group remain engaged with potential buyers for the Portland, Oregon-based wind development company. Marathon Capital is advising the company sale.

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]]> Blackstone snaps up Power Grid Components Inc https://www.pehub.com/blackstone-snaps-up-power-grid-components-inc/ Tue, 05 Dec 2023 14:00:09 +0000 https://www.pehub.com/?p=20000003680440 The seller was Shorehill Capital LLC.

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]]> Fengate acquires US-based wireless communication towers portfolio https://www.pehub.com/fengate-acquires-us-wireless-communication-towers-portfolio-from-towercom/ Tue, 05 Dec 2023 13:47:28 +0000 https://www.pehub.com/?p=20000003680438 Fengate is managing the acquisition on behalf of Fengate Infrastructure Yield Fund and affiliates, including a fund owned by LiUNA's Pension Fund of Central and Eastern Canada.

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]]> Ares Management buys renewable natural gas provider Burnham RNG https://www.pehub.com/ares-management-buys-renewable-natural-gas-provider-burnham-rng/ Mon, 04 Dec 2023 19:32:18 +0000 https://www.pehub.com/?p=20000003680408 The seller is Edge Natural Resources.

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]]> Macquarie seeks energy TIC service providers for Camin Cargo Control https://www.pehub.com/macquaries-eckmann-sees-tuck-in-deals-for-energy-inspection-platform-camin-cargo/ Mon, 04 Dec 2023 12:00:49 +0000 https://www.pehub.com/?p=20000003680326 Private equity firms, including Macquarie and KKR, are increasingly investing in TIC service providers.

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]]> Greenbelt eyes tuck-ins for energy transition enabler Saber https://www.pehub.com/greenbelt-eyes-tuck-ins-for-new-energy-economy-enabler-saber-power/ Tue, 28 Nov 2023 12:00:23 +0000 https://www.pehub.com/?p=20000003679806 An investor group led by Greenbelt announced the acquisition of Saber Power Services, a Houston-based infrastructure services platform, earlier in November.

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]]> Inside the exit: Riverside invested in tech and talent to grow Energy Exemplar https://www.pehub.com/inside-the-exit-how-the-riverside-company-scaled-energy-exemplar/ Mon, 27 Nov 2023 12:00:20 +0000 https://www.pehub.com/?p=20000003679728 Riverside is selling the Australian business, which develops simulation software for power companies, to Blackstone and Vista.

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]]> DPI and Verod plan to triple Pan African Towers’ footprint https://www.pehub.com/dpi-and-verod-plan-to-triple-pan-african-towers-footprint/ Mon, 27 Nov 2023 09:36:36 +0000 https://www.pehub.com/?p=20000003679995 PAT has opportunity to grow thanks to a deficit of towers in Nigeria as well as the country’s growing use of mobile data, says DPI’s Adefolarin Ogunsanya and Verod’s Daniel Adeoye.

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]]> Copenhagen Infrastructure Partners unveils renewables platform Horizon https://www.pehub.com/copenhagen-infrastructure-partners-unveils-renewables-platform-horizon/ Wed, 22 Nov 2023 17:21:28 +0000 https://www.pehub.com/?p=20000003679781 Based in Calgary, Horizon New Energy will be a power producer that owns both operational projects and a growing pipeline of projects under construction and in development.

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]]> OEP to carve-out TechnipFMC’s Measurement Solutions biz https://www.pehub.com/oep-to-carve-out-technipfmcs-measurement-solutions-biz/ Tue, 21 Nov 2023 12:21:13 +0000 https://www.pehub.com/?p=20000003679695 The business provides liquid meters, integrated load management metering systems and related digital services.

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]]> RCF sees ‘immense upside’ in mining and more transaction activity in 2024 https://www.pehub.com/rcf-sees-immense-upside-in-mining-and-more-transaction-activity-in-2024/ Wed, 15 Nov 2023 13:00:43 +0000 https://www.pehub.com/?p=20000003679308 Resource Capital Funds is selling Ausenco to a group led by Eldridge for $578m.

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]]> Gulf Coast Express midstream stake sale draws PE interest https://www.pehub.com/gulf-coast-express-midstream-stake-sale-draws-pe-interest/ Wed, 15 Nov 2023 12:00:54 +0000 https://www.pehub.com/?p=20000003679450 Kinetik’s 16% stake in the pipeline is valued at up to $550m. The company has been in the market with adviser JP Morgan since early summer.

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]]> Macquarie Capital to acquire energy testing and inspection services provider Camin Cargo https://www.pehub.com/macquarie-capital-to-acquire-energy-testing-and-inspection-services-provider-camin-cargo/ Wed, 08 Nov 2023 13:44:44 +0000 https://www.pehub.com/?p=20000003679230 The seller is Metalmark Capital Partners.

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]]> CPP Investments to exit 24.5% stake in German offshore wind assets https://www.pehub.com/cpp-investments-to-sell-24-5-stake-in-two-german-offshore-wind-assets/ Mon, 06 Nov 2023 22:30:58 +0000 https://www.pehub.com/?p=20000003679115 The wind farms are located about 100 kilometers from the German North Sea coast and began operating in 2019 and 2020

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]]> Platinum Equity to acquire Kohler Energy https://www.pehub.com/platinum-equity-to-acquire-kohler-energy/ Mon, 06 Nov 2023 16:31:26 +0000 https://www.pehub.com/?p=20000003679117 The transaction is expected to close in the first half of 2024.

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]]> ArcLight takes ownership stake in natural gas-fired power plant provider Kleen Energy Systems https://www.pehub.com/arclight-takes-ownership-stake-in-natural-gas-fired-power-plant-provider-kleen-energy-systems/ Mon, 06 Nov 2023 15:24:17 +0000 https://www.pehub.com/?p=20000003679104 The seller was Sojitz Corporation of America.

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]]> TransAlta to buy Heartland Generation from ECP in C$658m deal https://www.pehub.com/transalta-to-buy-heartland-generation-from-ecp-in-658m-deal/ Thu, 02 Nov 2023 21:12:04 +0000 https://www.pehub.com/?p=20000003679003 Heartland Generation is a power generation company with operations in Alberta and British Columbia.

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]]> Tailwater and Ares to sell midstream company Cureton to Williams Field Services Group https://www.pehub.com/tailwater-and-ares-to-sell-midstream-company-cureton-to-williams-field-services-group/ Thu, 02 Nov 2023 15:38:48 +0000 https://www.pehub.com/?p=20000003679022 The deal is expected to close in December 2023.

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]]> CDPQ to acquire Brazilian power transmission network Intesa https://www.pehub.com/cdpq-to-acquire-brazilian-power-transmission-network-intesa/ Thu, 02 Nov 2023 15:06:33 +0000 https://www.pehub.com/?p=20000003679018 The deal marks CDPQ's second power transmission investment in Latin America in the past 18 months.

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]]> Apollo-backed Great Bay Renewables closes C$247m credit facility https://www.pehub.com/apollo-backed-great-bay-renewables-closes-c247m-credit-facility/ Thu, 02 Nov 2023 01:27:46 +0000 https://www.pehub.com/?p=20000003678959 Apollo in 2020 invested $80 million in Great Bay Renewables, giving the firm a 50 percent stake.

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]]> Greenbelt-led investor group buys Saber Power Services https://www.pehub.com/greenbelt-led-investor-group-buys-saber-power-services/ Wed, 01 Nov 2023 13:55:08 +0000 https://www.pehub.com/?p=20000003678946 The seller was Oaktree Capital Management.

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]]> Entergy to sell its gas distribution business to Bernhard Capital for about $484m https://www.pehub.com/entergy-to-sell-its-gas-distribution-business-to-bernhard-capital-for-about-484m/ Mon, 30 Oct 2023 12:44:49 +0000 https://www.pehub.com/?p=20000003678776 Headquartered in New Orleans, Entergy is a power and electricity provider to companies in Arkansas, Louisiana, Mississippi and Texas.

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]]> KKR to invest $400m in Malaysian telecom cable services provider OMS Group https://www.pehub.com/kkr-to-invest-400m-in-malaysian-telecom-cable-services-provider-oms-group/ Mon, 30 Oct 2023 12:06:50 +0000 https://www.pehub.com/?p=20000003678770 The transaction is expected to close by the first quarter of 2024.

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]]> Hull Street Energy to acquire California gas-fired power plant EF Oxnard https://www.pehub.com/hull-street-energy-to-acquire-california-gas-fired-power-plant-ef-oxnard/ Thu, 26 Oct 2023 16:52:48 +0000 https://www.pehub.com/?p=20000003678692 The seller is Atlantic Power & Utilities.

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]]> Ridgemont recaps power and infrastructure company National Power https://www.pehub.com/ridgemont-recaps-power-and-infrastructure-company-national-power/ Wed, 25 Oct 2023 12:19:36 +0000 https://www.pehub.com/?p=20000003678493 Churchill Asset Management and Oaktree Capital provided the financing for the deal.

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]]> True Green Capital sees retail energy expansion via community solar https://www.pehub.com/true-green-capital-sees-retail-energy-expansion-via-community-solar/ Mon, 23 Oct 2023 11:00:20 +0000 https://www.pehub.com/?p=20000003678175 True Green intends to build 200 MW of community solar projects, and by the end of 2024 it expects to have more than 100 MW of that portfolio constructed.

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]]> Solar project developer Greenskies snags investment from Hull Street Energy https://www.pehub.com/solar-project-developer-greenskies-snags-investment-from-hull-street-energy/ Tue, 17 Oct 2023 18:08:34 +0000 https://www.pehub.com/?p=20000003678120 Greenskies was backed by JLC Infrastructure.

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]]> Hastings Equity expects to make add-on deals for utility consulting group Celerity https://www.pehub.com/hastings-equity-expects-to-make-add-on-deals-for-utility-consulting-group-celerity/ Tue, 17 Oct 2023 11:00:25 +0000 https://www.pehub.com/?p=20000003677975 Hastings acquired Celerity Consulting Group in 2021 and added on Clear Path earlier in 2023.

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]]> Northleaf eyes Infrastructure-as-a-Service model with controlling stake in EVPassport https://www.pehub.com/northleaf-eyes-infrastructure-as-a-service-model-with-controlling-stake-in-evpassport/ Thu, 12 Oct 2023 20:22:01 +0000 https://www.pehub.com/?p=20000003677910 The Toronto firm has committed $200m to fund EVPassport’s capital requirements and accelerate the build-out of EV charging systems.

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]]> SK Capital bets on energy waste sequestration https://www.pehub.com/sk-capital-bets-on-energy-waste-sequestration/ Thu, 12 Oct 2023 12:34:39 +0000 https://www.pehub.com/?p=20000003677861 SK Capital Partners completed the acquisition of Milestone from Amberjack Capital Partners earlier this week.

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]]> Huron Capital buys electrical contractor RK Electric https://www.pehub.com/huron-capital-buys-electrical-contractor-rk-electric/ Tue, 10 Oct 2023 14:10:33 +0000 https://www.pehub.com/?p=20000003677777 The acquisition coincides with Huron Capital launching its facility services ExecFactor platform focused on the electrical services space.

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]]> AEA-backed SiteLogIQ pursues more add-ons https://www.pehub.com/aea-backed-sitelogiq-pursues-more-add-ons/ Mon, 02 Oct 2023 11:00:22 +0000 https://www.pehub.com/?p=20000003677419 AEA acquired SiteLogIQ in 2020 from Oaktree and bought it's first add-on, EV charging station installer Ikon EFS, in June.

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]]> Tailwater, Ares-backed Cureton Midstream sale process attracts strategic interest, sources say https://www.pehub.com/tailwater-ares-backed-cureton-midstream-sale-process-attracts-strategic-interest-sources-say/ Thu, 28 Sep 2023 12:15:55 +0000 https://www.pehub.com/?p=20000003677362 Cureton Midstream could fetch between $200m and $400m in sale proceeds.

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]]> Ontario Teachers’, PSP-owned Cubico buys Uruguay renewable projects https://www.pehub.com/otpp-psp-investments-backed-cubico-buys-3-renewable-projects-in-uruguay/ Tue, 26 Sep 2023 15:13:10 +0000 https://www.pehub.com/?p=20000003677215 Cubico Sustainable Investments is a London, UK-based renewable energy company.

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]]> PE-backed CS Energy sells three Colorado solar projects to Enfinity Global https://www.pehub.com/pe-backed-cs-energy-sells-three-colorado-solar-projects-to-enfinity-global/ Thu, 21 Sep 2023 13:59:45 +0000 https://www.pehub.com/?p=20000003676956 CS Energy, which is backed by American Securities, is an engineering, procurement and construction renewable energy firm.

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]]> Bernhard Capital sees acquisition potential for energy efficiency software business https://www.pehub.com/bernhard-capital-sees-acquisition-potential-for-energy-efficiency-software-business/ Tue, 19 Sep 2023 13:05:34 +0000 https://www.pehub.com/?p=20000003676751 'At first blush it may seem like a new approach for us, but it fits hand in glove with our strategy in the infrastructure services space, serving critical asset owners,' says Jonathan de Lauréal.

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]]> SPX Capital invests $45m in Brazilian energy company Combio Energias Renováveis https://www.pehub.com/spx-capital-invests-45m-in-brazilian-energy-company-combio-energias-renovaveis/ Mon, 18 Sep 2023 17:53:13 +0000 https://www.pehub.com/?p=20000003676732 As a result of the deal, SPX will acquire a 15.5 percent stake in Combio Energias Renováveis.

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]]> Aramco to scoop up Chilean fuels retailer Esmax from Southern Cross Group https://www.pehub.com/aramco-to-scoop-up-chilean-fuels-retailer-esmax-from-southern-cross-group/ Fri, 15 Sep 2023 17:36:49 +0000 https://www.pehub.com/?p=20000003676672 Aramco is a Saudi Arabia-based energy and chemicals company.

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]]> EnCap-backed Triple Oak Power sale process attracting PE interest, sources say https://www.pehub.com/encap-backed-triple-oak-power-sale-process-attracting-pe-interest-sources-say/ Thu, 14 Sep 2023 20:07:07 +0000 https://www.pehub.com/?p=20000003676632 The sale of Triple Oak would mark the third exit for EnCap Energy Transition I, following Jupiter Power and Broad Reach.

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]]> EnCap Energy Transition finds fuel in battery storage with Broad Reach exit https://www.pehub.com/encap-energy-transition-finds-fuel-in-battery-storage-with-broad-reach-exit/ Thu, 14 Sep 2023 12:59:39 +0000 https://www.pehub.com/?p=20000003676479 The sale of Broad Reach to Engie is EnCap Energy Transition's second battery-related exit in past year.

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]]> GCM Grosvenor to invest up to $100m in energy supplier Vesper Energy https://www.pehub.com/gcm-grosvenor-to-invest-up-to-100m-in-energy-supplier-vesper-energy/ Wed, 13 Sep 2023 18:04:36 +0000 https://www.pehub.com/?p=20000003676573 GCM Grosvenor will acquire a minority ownership stake in Vesper Energy.

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]]> PSP-backed FirstLight to buy clean power producer Hydroméga https://www.pehub.com/psp-backed-firstlight-power-to-acquire-clean-power-producer-hydromega/ Wed, 13 Sep 2023 13:24:10 +0000 https://www.pehub.com/?p=20000003676560 Hydroméga is a Montreal-based clean power producer and developer operating in Eastern Canada.

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]]> CAI-backed LineStar acquires Western High Voltage Test Centre https://www.pehub.com/cai-capital-backed-linestar-acquires-western-high-voltage-test-centre/ Mon, 11 Sep 2023 21:57:08 +0000 https://www.pehub.com/?p=20000003676482 LineStar Utility Supply is a distributor of powerline technician tools and safety equipment across Canada.

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]]> ICG’s interest in Enfinity powered by demand for solar energy and storage https://www.pehub.com/icgs-interest-in-enfinity-powered-by-market-tailwinds-demand-for-solar-plus-energy-storage/ Mon, 11 Sep 2023 12:15:53 +0000 https://www.pehub.com/?p=20000003676433 Enfinity Global announced a €400m ($428m) equity commitment from ICG Infrastructure earlier in September.

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]]> Quantum Capital Group to sell renewable energy platform ConnectGen to Repsol for $768m https://www.pehub.com/quantum-capital-group-to-sell-renewable-energy-platform-connectgen-to-repsol-for-768m/ Thu, 07 Sep 2023 17:52:34 +0000 https://www.pehub.com/?p=20000003676388 The deal is expected to be closed before the end of the year.

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]]> Igneo Infrastructure Partners to acquire solar energy firm Soltage https://www.pehub.com/igneo-infrastructure-partners-to-acquire-solar-energy-firm-soltage/ Thu, 07 Sep 2023 14:25:14 +0000 https://www.pehub.com/?p=20000003676371 The transaction is expected to close later this year.

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]]> Solar energy firm Enfinity Global inks 400m euros from ICG Infra https://www.pehub.com/solar-energy-firm-enfinity-global-inks-400m-euros-from-icg-infra/ Wed, 06 Sep 2023 12:23:01 +0000 https://www.pehub.com/?p=20000003676299 The capital infusion will be used to support Enfinity's growth and the execution of its business strategy.

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]]> PE-backed Tidewater to sell Pipestone and Dimsdale assets to AltaGas https://www.pehub.com/pe-backed-tidewater-to-sell-pipestone-and-dimsdale-assets-to-altagas/ Thu, 31 Aug 2023 21:29:36 +0000 https://www.pehub.com/?p=20000003676163 Based in Calgary, Tidewater is a midstream and energy infrastructure company.

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]]> Apollo’s interest in CATEC fueled by rising demand for natural gas and hydrogen https://www.pehub.com/apollos-interest-in-catec-was-fueled-by-rising-demand-for-natural-gas-and-hydrogen/ Thu, 31 Aug 2023 11:00:15 +0000 https://www.pehub.com/?p=20000003675847 “There is real growth in the need for gaseous fuels as part of the energy transition,” Apollo partner Scott Browning told PE Hub.

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]]> Tower Arch recaps TD&I Cable Maintenance https://www.pehub.com/tower-arch-recaps-tdi-cable-maintenance/ Wed, 30 Aug 2023 12:00:12 +0000 https://www.pehub.com/?p=20000003676048 Zions Bank and Hillcrest Bank provided the financing for the deal.

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]]> EnCap, Apollo and others to sell Broad Reach’s battery storage biz to Engie https://www.pehub.com/encap-apollo-and-others-to-sell-broad-reachs-battery-storage-biz-to-engie/ Thu, 24 Aug 2023 11:53:34 +0000 https://www.pehub.com/?p=20000003675775 The sellers are EnCap Energy Transition, Yorktown Partners, Mercuria Energy and Apollo.

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]]> Apollo snaps up gas company CATEC https://www.pehub.com/apollo-snaps-up-gas-company-catec/ Tue, 22 Aug 2023 13:58:36 +0000 https://www.pehub.com/?p=20000003675594 CATEC was founded in 2014.

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]]> Climate Investment backs Trace Carbon Solutions https://www.pehub.com/climate-investment-backs-trace-carbon-solutions/ Tue, 22 Aug 2023 12:43:28 +0000 https://www.pehub.com/?p=20000003675585 Following the CI investment, Trace will have over $420 million of equity capital commitments from Quantum Capital Group, CI, and Trace management.

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]]> Allied-backed CES Power buys Infinite Power https://www.pehub.com/allied-backed-ces-power-buys-infinite-power/ Thu, 17 Aug 2023 12:11:05 +0000 https://www.pehub.com/?p=20000003675436 CES Power is a provider of sustainable mobile power generation, distribution, and temperature control solutions for large events.

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]]> White Wolf-backed CEIS snaps up power plant consultant IEM https://www.pehub.com/white-wolf-backed-ceis-snaps-up-power-plant-consultant-iem/ Tue, 15 Aug 2023 18:34:34 +0000 https://www.pehub.com/?p=20000003675360 CEIS is a provider of services to the critical energy infrastructure sector.

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]]> Kimmeridge invests in Commonwealth LNG https://www.pehub.com/kimmeridge-invests-in-commonwealth-lng/ Mon, 14 Aug 2023 19:14:47 +0000 https://www.pehub.com/?p=20000003675306 The investment completes the development funding required for Commonwealth LNG to reach final investment decision on the plant.

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]]> ArcLight Capital to acquire power plant owner Kleen https://www.pehub.com/arclight-capital-to-acquire-power-plant-owner-kleen/ Mon, 14 Aug 2023 17:18:19 +0000 https://www.pehub.com/?p=20000003675298 The seller is Sojitz Corporation of America.

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]]> Blackstone’s Martin Brand: ‘High-quality assets will find a buyer’ https://www.pehub.com/blackstones-martin-brand-high-quality-assets-will-find-a-buyer/ Mon, 14 Aug 2023 12:48:14 +0000 https://www.pehub.com/?p=20000003675265 'For our acquisition of Cvent, we used the market dislocation in the SPAC market to source one of the lowest revenue multiple, high growth software deals in recent years.'

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]]> Sandbrook, PSP Investments, IMCO to acquire NeXtWind Capital https://www.pehub.com/sandbrook-capital-psp-investments-imco-to-buy-nextwind-capital/ Wed, 09 Aug 2023 14:58:40 +0000 https://www.pehub.com/?p=20000003675105 NeXtWind is a German renewable energy company that acquires and repowers onshore wind farms.

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]]> GSAM invests in converting waste into renewable natural gas with Synthica https://www.pehub.com/gsam-invests-in-converting-waste-into-renewable-natural-gas-with-synthica/ Tue, 08 Aug 2023 20:45:42 +0000 https://www.pehub.com/?p=20000003675069 Ara Partners, EQT and Quinbrook Infrastructure Partners are some of the firms finding deals in this sector.

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]]> Desjardins affiliates acquire EDF interest in Alberta wind projects https://www.pehub.com/desjardins-affiliates-acquire-edf-interest-in-alberta-wind-projects/ Tue, 01 Aug 2023 15:41:41 +0000 https://www.pehub.com/?p=20000003674765 The projects, located southeast of Medicine Hat, Alberta in Cypress County, comprise a total 247-megawatt capacity.

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]]> Waterous-backed Strathcona Resources to buy Pipestone Energy https://www.pehub.com/waterous-backed-strathcona-resources-to-buy-pipestone-energy/ Tue, 01 Aug 2023 15:15:30 +0000 https://www.pehub.com/?p=20000003674759 Upon closing of the deal, expected in the fourth quarter, Strathcona will become a public reporting issuer in Canada.

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]]> Wolf Midstream sells 43% of Access NGL to Indigenous communities https://www.pehub.com/wolf-midstream-sells-43-of-access-ngl-to-indigenous-communities/ Fri, 28 Jul 2023 13:23:59 +0000 https://www.pehub.com/?p=20000003674627 Based in Calgary, Wolf is an owner and operator of midstream energy infrastructure assets in Western Canada.

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]]> Kinterra Capital eyes rising copper demand with White Pine North investment https://www.pehub.com/kinterra-capital-eyes-rising-copper-demand-with-white-pine-north-investment/ Wed, 26 Jul 2023 19:19:05 +0000 https://www.pehub.com/?p=20000003674398 Kinterra Copper USA recently teamed up with Highland Copper Company to acquire a 66% stake in the White Pine North copper project.

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]]> Ares invests in waste recovery solutions provider Dynamic Renewables https://www.pehub.com/ares-invests-in-waste-recovery-solutions-provider-dynamic-renewables/ Wed, 26 Jul 2023 12:19:27 +0000 https://www.pehub.com/?p=20000003674465 Also, an unregulated affiliate of NorthWestern Energy has acquired a small minority stake in Dynamic Renewables.

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]]> TC Energy to sell Columbia Gas, Columbia Gulf interest to GIP https://www.pehub.com/tc-energy-to-sell-columbia-gas-columbia-gulf-interest-to-gip/ Tue, 25 Jul 2023 22:29:10 +0000 https://www.pehub.com/?p=20000003674354 The deal is expected to generate total proceeds of C$5.2 billion ($3.9 billion) in cash.

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]]> Kinterra to buy majority stake in White Pine North copper project https://www.pehub.com/kinterra-capital-affiliate-to-acquire-majority-stake-in-white-north-copper-project/ Mon, 24 Jul 2023 19:02:09 +0000 https://www.pehub.com/?p=20000003674306 White Pine North is one of the largest independent copper development projects in the US.

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]]> Denham Capital to sell certain Rio Energy assets to Equinor https://www.pehub.com/denham-capital-to-sell-certain-rio-energy-assets-to-equinor/ Fri, 21 Jul 2023 14:41:42 +0000 https://www.pehub.com/?p=20000003674254 Also included in the deal are the Rio Energy trade name and the management team platform.

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]]> Anders Invest-owned Solex Thermal Science buys Econotherm https://www.pehub.com/anders-invest-backed-solex-thermal-science-buys-econotherm/ Tue, 18 Jul 2023 22:01:58 +0000 https://www.pehub.com/?p=20000003674065 Based in Calgary, Solex is a developer of indirect heat exchange technology for the heating, cooling and drying of free-flowing granular materials.

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]]> ArcLight’s Marco Gatti: Commercial solar will continue to grow https://www.pehub.com/arclights-marco-gatti-commercial-solar-will-continue-to-grow/ Wed, 12 Jul 2023 16:45:41 +0000 https://www.pehub.com/?p=20000003673829 ArcLight recently agreed to acquire part of Duke Energy’s commercial distributed energy business for $364m.

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]]> Third Coast picks up stake in offshore platform Perdido from ArcLight https://www.pehub.com/third-coast-picks-up-stake-in-offshore-platform-perdido-from-arclight/ Thu, 06 Jul 2023 12:14:37 +0000 https://www.pehub.com/?p=20000003673625 Headquartered in Houston, Texas, Third Coast is a full-service midstream company.

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]]> Ardian to acquire 50 percent stake in Mexican telecom infrastructure firm MXT Holdings https://www.pehub.com/ardian-to-acquire-50-percent-stake-in-mexican-telecom-infrastructure-firm-mxt-holdings/ Wed, 05 Jul 2023 12:46:49 +0000 https://www.pehub.com/?p=20000003673577 Ardian's investment will be used by MXT Holdings to complete an asset swap for about 200 towers and about 1,800 km of metro fiber from Telefónica.

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]]> ArcLight to buy Duke Energy’s commercial distributed generation biz for $364m https://www.pehub.com/arclight-to-buy-duke-energys-commercial-distributed-generation-biz-for-364m/ Wed, 05 Jul 2023 12:15:43 +0000 https://www.pehub.com/?p=20000003673570 Based in Charlotte, North Carolina, Duke Energy is a energy holding company.

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]]> Golden Gate to acquire electric utility manufacturer DMC Power https://www.pehub.com/golden-gate-to-acquire-electric-utility-manufacturer-dmc-power/ Fri, 30 Jun 2023 17:39:25 +0000 https://www.pehub.com/?p=20000003673447 As part of the transaction, Bridgepoint will exit its investment through the sale of its stake to Golden Gate Capital.

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]]> Pan Management’s OneRock Energy Holdings to buy Northwoods Energy https://www.pehub.com/pan-managements-onerock-energy-holdings-to-buy-northwoods-energy/ Thu, 29 Jun 2023 16:21:47 +0000 https://www.pehub.com/?p=20000003673363 The deal is expected to close in the third quarter of 2023.

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]]> Hull Street Energy buys natural gas-fired plant Sunrise Power Holdings https://www.pehub.com/hull-street-energy-buys-natural-gas-fired-plant-sunrise-power-holdings/ Fri, 23 Jun 2023 12:11:22 +0000 https://www.pehub.com/?p=20000003672970 Investec led the financing for the deal.

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]]> Blackstone invests $1bn in sustainable energy firm Invenergy https://www.pehub.com/blackstone-invests-1bn-in-sustainable-energy-firm-invenergy/ Thu, 22 Jun 2023 15:01:09 +0000 https://www.pehub.com/?p=20000003672938 This investment builds on Blackstone's nearly $3 billion investment in Invenergy in 2021 and 2022.

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]]> Actis to sell pan-African renewable energy platform BTE Renewables for $1bn https://www.pehub.com/actis-to-sell-pan-african-renewable-energy-platform-bte-renewables-for-1bn/ Wed, 21 Jun 2023 16:26:31 +0000 https://www.pehub.com/?p=20000003672886 When the deal closes, Engie will acquire the South African portfolio and team while Meridiam will acquire the Kenyan portfolio and team.

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]]> ArcLight ups stake in Natural Gas Pipeline Company of America https://www.pehub.com/arclight-expands-stake-in-natural-gas-pipeline-company-of-america/ Fri, 16 Jun 2023 14:05:58 +0000 https://www.pehub.com/?p=20000003672729 The seller is Brookfield Infrastructure Partners, an affiliate of Brookfield Asset Management.

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]]> Duke Energy to sell commercial renewables unit to Brookfield for $2.8bn https://www.pehub.com/duke-energy-to-sell-commercial-renewables-business-to-brookfield-renewable-for-2-8bn/ Tue, 13 Jun 2023 12:49:36 +0000 https://www.pehub.com/?p=20000003672574 Brookfield Renewable is the flagship listed renewable power arm of Brookfield Asset Management.

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]]> Kian Capital-backed SPATCO scoops up petroleum services firm MSCS https://www.pehub.com/kian-capital-backed-spatco-scoops-up-petroleum-services-firm-mscs/ Tue, 13 Jun 2023 12:19:41 +0000 https://www.pehub.com/?p=20000003672570 SPATCO is an infrastructure services provider.

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]]> Accel-KKR-backed Energy Services Group acquires Pandell https://www.pehub.com/accel-kkr-backed-energy-services-group-acquires-pandell/ Mon, 12 Jun 2023 21:32:17 +0000 https://www.pehub.com/?p=20000003672535 Pandell is a Calgary-based software-as-a-service land and financial application for the energy sector.

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]]> NOVA joins hands with Nopetro to develop renewable natural gas https://www.pehub.com/nova-joins-hands-with-nopetro-to-develop-renewable-natural-gas/ Mon, 12 Jun 2023 11:00:45 +0000 https://www.pehub.com/?p=20000003672492 The government is also pushing policy and funding that promote clean energy use.

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]]> CleanCapital raises $500m in additional capital from Manulife https://www.pehub.com/cleancapital-inks-500m-from-manulife/ Wed, 07 Jun 2023 17:21:43 +0000 https://www.pehub.com/?p=20000003672403 CleanCapital will leverage this investment to fund early-stage solar and storage development.

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]]> Hull Street Energy buys two Texas power plants https://www.pehub.com/hull-street-energy-buys-two-texas-power-plants/ Tue, 06 Jun 2023 17:58:06 +0000 https://www.pehub.com/?p=20000003672333 The seller was Mesquite Generation Holdings LLC, an affiliate of Atlas Holdings.

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]]> CPP Investments’ Cordelio gets funding for Moraine Sands wind project https://www.pehub.com/cpp-investments-cordelio-gets-funding-for-moraine-sands-wind-project/ Mon, 05 Jun 2023 21:04:01 +0000 https://www.pehub.com/?p=20000003672190 Based in Toronto, Cordelio is a renewable power producer that manages an operating portfolio of more than 1,200 megawatts of assets in Canada and the US.

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]]> Brookfield Renewable invests in Indian clean energy provider CleanMax https://www.pehub.com/brookfield-renewable-invests-in-energy-firm-cleanmax/ Thu, 01 Jun 2023 15:02:59 +0000 https://www.pehub.com/?p=20000003672055 With the deal, Brookfield Renewable acquired a controlling stake in CleanMax.

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]]> CIB provides C$100m to Johnson Controls and Apollo JV IonicBlue https://www.pehub.com/canada-infrastructure-bank-provides-c100m-to-johnson-controls-and-apollo-jv-ionicblue/ Wed, 24 May 2023 13:54:36 +0000 https://www.pehub.com/?p=20000003671546 The deal is intended to help Canadian organizations reach their decarbonization targets.

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]]> Six solar investments for the North American private equity market https://www.pehub.com/six-solar-investments-for-the-north-american-private-equity-market/ Fri, 19 May 2023 11:00:19 +0000 https://www.pehub.com/?p=20000003671345 Wood Mackenzie forecasts the US community solar market to grow 118% over the next five years.

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]]> Inside the exit: How EnCap Flatrock Midstream weathered oil price fluctuations in Lotus Midstream investment  https://www.pehub.com/inside-the-exit-how-encap-flatrock-midstream-weathered-oil-price-fluctuations-in-lotus-midstream-investment/ Thu, 18 May 2023 11:00:50 +0000 https://www.pehub.com/?p=20000003671289 When EnCap Flatrock bought the business in 2018, it was connected to seven transportation lines. At the time of exit, it had increased that downstream access to 14 lines.

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