Professional M&A intelligence for the energy transition
Global Infrastructure Partners and Actis acquired Latin American renewables company Atlas Renewable Energy for $2B, gaining a portfolio of solar projects across Brazil, Chile, Mexico, Colombia, and Uruguay.
Shell acquired Indian renewable energy developer Sprng Energy for $1.55B, gaining a portfolio of solar and wind assets in India.
Shell acquired Danish renewable natural gas (RNG) producer Nature Energy Biogas for $2B. Nature Energy was Europe's largest RNG producer, operating 14 biogas plants in Denmark.
PKN Orlen completed its merger with state-owned gas giant PGNiG S.A., creating the largest fuel and energy group in Central Europe with over 100M customers.
Italian energy major Eni completed its acquisition of Neptune Energy, a diversified upstream E&P company with assets in North Africa, Europe, Asia-Pacific and Norway.
Brookfield (NYSE: BAM, TSX: BAM) closed a deal to purchase a 53.32% shareholding in Neoen from Impala, the Fonds Stratégique de Participations (FSP), Cartusia and Xavier Barbaro, and other shareholders. Neoen is a global renewables developer with an 8,000 megawatt high-quality portfolio of wind, solar and storage assets in operation or under construction alongside a […]
Energy Transfer acquired WTG Midstream Holdings from Diamondback Energy for $3.25B. Diamondback divested WTG as part of its strategy to fund the Endeavor merger. WTG operates natural gas gathering, processing, and transportation assets in the Permian Basin.
INEOS Energy completed the acquisition of the US Gulf business held by CNOOC Energy Holdings U.S.A., a U.S. subsidiary of CNOOC International. The deal increases INEOS Energy’s production globally to over 90 thousand barrels of oil equivalent per day.
Entergy completed the sale of the subsidiary that owns the Palisades Power Plant to Holtec International. The transaction will also transfer ownership of the decommissioned Big Rock Point site in Charlevoix, Michigan from Entergy to Holtec.
MacLean Power Systems and Power Grid Components announced the closing of their merger. Funds affiliated with Blackstone Energy Transition Partners and Blackstone’s flagship private equity strategy have become the majority owner of the combined company. In connection with the transaction, an affiliate of Centerbridge Partners, will be making a new investment into the combined company. […]