Professional M&A intelligence for the energy transition
Energy Vault Holdings said it has entered into a binding agreement to acquire an 850-megawatt battery energy storage system (BESS) portfolio in Japan, marking its entry into one of the fastest-growing global storage markets. The portfolio includes 350 MW of advanced-stage projects targeted to begin construction in the second half of 2027, with commercial operations […]
Hawkins Lease Service has acquired Knock Out Energy LLC to expand its oilfield services footprint in the Permian Basin. Knock Out Energy provides oilfield services supporting drilling and production operations in the region. The acquisition adds equipment, personnel and operational capacity to Hawkins’ existing service platform. Hawkins said the transaction strengthens its ability to support […]
Kodiak Gas Services has acquired more than 20,000 horsepower of large-horsepower compression assets from an oil and gas producer operating in the Permian Basin.
Kyuden International has agreed to acquire IHI Power Services Corp., a U.S. provider of operations, maintenance and asset management services for power generation facilities. The transaction will bring IHI Power Services into the Kyuden Group through its U.S. subsidiary, Kyuden International Americas. The deal marks Kyuden's first investment in an operations-and-maintenance-focused energy services business in […]
Electro Switch Corp. has acquired E-MAX Instruments, a provider of control and monitoring solutions for electrical substation equipment, expanding its capabilities in power grid infrastructure. Founded in 1975, E-MAX manufactures products including trip indication relays, digital fault recorders and battery monitoring systems used in utility substations and critical power applications. The acquisition complements Electro Switch's […]
Saber Power Services said it has acquired Bounds Construction II LLC, expanding its capabilities in electrical infrastructure construction and services. Bounds Construction specializes in substation, transmission and distribution construction, serving utilities and energy infrastructure developers across the United States. Saber said the acquisition strengthens its ability to provide integrated services across engineering, procurement, construction and […]
Aspen Power will acquire a 51-megawatt (MW) community solar portfolio from Cipriani Energy Group across New York and Illinois, expanding its distributed generation pipeline in two of the most active U.S. community solar markets. The deal includes 11 projects under development, with an initial tranche of five sites totaling 19.9 MW in New York expected […]
1606 Corp. (OTC: CBDW) entered into a non-binding term sheet to acquire a 55-MW power generation facility and a 50,000-sq.-ft. climate-controlled warehouse configured for data center operations in Texas for around $11.67 million. The proposed deal includes roughly 132 acres of real property, associated equipment, permits and infrastructure assets. The facility is designed to operate […]
Controlled Thermal Resources Holdings and Plum Acquisition Corp. IV (Nasdaq: PLMK) on March 9 said in a statement they entered into a business combination agreement that values CTR at a pro forma enterprise value of around $4.7 billion. The combined company expected to list on Nasdaq under the ticker “CTRH.” CTR is developing the Hell’s […]
Parex Resources (TSX: PXT) said March 10 that it entered into an agreement to acquire 100% of Frontera Energy's (TSX: FEC) exploration and production assets in Colombia for $500 million in upfront cash, the assumption of $225 million in net debt and a contingent payment of up to $25 million. The deal supersedes a prior […]