Professional M&A intelligence for the energy transition
BP agreed to sell non-controlling interests in Permian and Eagle Ford midstream assets - U.S. onshore midstream assets - to funds managed by Sixth Street for $1.5 billion. The deal has a total consideration of $1.5 billion and is structured in two phases: about $1 billion paid upon signing with the balance expected by the […]
Sempra (NYSE: SRE) agreed to sell a 45% equity interest in Sempra Infrastructure Partners, an energy infrastructure platform, to affiliates of KKR, with Canada Pension Plan Investment Board. Subject to adjustments, the deal proceeds of $10 billion implies an equity value of $22.2 billion and an enterprise value of $31.7 billion for Sempra Infrastructure Partners. Before adjustments, Sempra is […]
Antero Resources Corporation (NYSE: AR) agreed to acquire the upstream assets of HG Energy II LLC for $2.8 billion. The deal includes cash plus the assumption of HG Energy's commodity hedge book, subject to customary closing adjustments. The transaction is expected to close in the second quarter of 2026. Separately, Antero Midstream (NYSE:AM) also signed […]
Global Infrastructure Partners, a part of BlackRock, and the EQT Infrastructure VI fund, along with co-underwriters California Public Employees’ Retirement System (CalPERS) and Qatar Investment Authority (QIA), agreed to acquire AES Corporation (NYSE: AES) for $15.00 per share in cash. The deal represents a total equity value of $10.7 billion and an enterprise value of […]