Professional M&A intelligence for the energy transition
Kinder Morgan completed the acquisition of STX Midstream from NextEra Energy Partners for $1.82 billion. STX Midstream owns approximately 462 miles of natural gas pipelines including the Eagle Ford Express system and the Carrizo Pipeline serving Eagle Ford, South Texas, and Mexican demand markets.
Hanwha Solutions acquired a 16.67 percent stake in Norwegian polysilicon producer REC Silicon ASAfor $160 million.
An EIG Global Energy Partners-led consortium closed a $12.4 billion investment for a 49 percent stake in Aramco Oil Pipelines Company.
Eaton completed its $600 million acquisition of Royal Power Solutions in 2022. Royal Power Solutions designs and manufactures high-precision electrical connectivity components used in EV powertrains, battery systems, and broader electrical connectivity applications.
Eversource Energy (NYSE:ES) sold Aquarion Water Company to the Aquarion Water Authority (AWA), a quasi-public corporation and political subdivision of the State of Connecticut and a standalone, for about $2.4 billion, which includes $800 million of net debt.
Dominion Energy (NYSE: D) closed on a deal to sell a 50% noncontrolling interest in the Coastal Virginia Offshore Wind (CVOW) commercial project to Stonepeak. The 2.6-GW CVOW, the largest offshore wind farm currently under construction in the United States, is on schedule to generate enough clean, renewable energy to power up to 660,000 homes […]
Phillips 66 made a $150 million strategic minority investment in Australian battery materials company NOVONIX in August 2021, acquiring approximately 16 percent of the company. NOVONIX produces synthetic graphite anode materials for lithium-ion batteries from its Tennessee facility.
Shell completed the acquisition of Pavilion Energy from Temasek Holdings in April 2025. Pavilion is a Singapore-based LNG trading and supply business with a contracted LNG supply portfolio of approximately 6.5 million tonnes per year.
Repsol completed the acquisition of U.S. renewables developer ConnectGen from Quantum Capital Group in December 2023 for $768 million plus contingent payments.
Cenovus Energy and Husky Energy completed their all-stock deal in a transaction valued at approximately C$23.6 billion including assumed debt. The combined company will operate as Cenovus Energy and remain headquartered in Calgary, Alberta.