Professional M&A intelligence for the energy transition
Asterion acquired a 50% stake in TotalEnergies' Greek renewables portfolio comprising 424 MW of operating and under-construction wind and solar assets, in a transaction valuing the portfolio at €508 million. TotalEnergies retains 50% and continues operating. The deal provides Asterion strategic entry into the Greek power market.
Plenitude, the renewables and retail energy unit of Eni, agreed to acquire 100% of Acea Energia from ACEA in a transaction valued at up to €587 million, including a 50% stake in Umbria Energy. The deal is expected to close by June 2026, subject to regulatory approvals, and will add more than 1.4 million retail […]
Deep Blue Midland Basin LLC completed the acquisition of Environmental Disposal Systems from Diamondback Energy in a deal valued at about $750 million, expanding its produced-water infrastructure platform in the Midland Basin. Diamondback received about $695 million in upfront cash, retained a 30% equity stake in Deep Blue, and may receive up to $200 million […]
Ardian agreed to acquire 100% of Energia Group from I Squared Capital. Energia operates across the entire energy value chain in Ireland and Northern Ireland, serving almost 900,000 homes and businesses. It is one of the longest established providers of renewable electricity in Ireland, supplying approximately 17% of the island of the country's total electricity […]
Talen Energy (NASDAQ: TLN) completed the acquisitions of the Freedom and Guernsey natural gas power plants from affiliates of Caithness Energy and BlackRock for about $3.8 billion, adding nearly 2.9 GW of generation capacity in the PJM market. Talen Energy is an independent power producer and energy infrastructure company. It own and operate approximately 13.2 […]
Sembcorp Industries Ltd. and Chow Tai Fook Enterprises Limited agreed to acquire 100% of Australia's energy retailer and generator Alinta Energy Pty Ltd. for an around A$6.5 billion. The acquisition will give Sembcorp a major platform in Australia's energy market, combining Alinta's generation and retail operations with Sembcorp's global renewables capabilities to accelerate clean energy […]
Energy Capital Partners (ECP) and Centrica plc acquired the Grain LNG terminal from National Grid for approximately £1.5 billion (or around $2.01 billion) Grain LNG is Europe's largest LNG regasification terminal and is located at Isle of Grain, to the east of London. The terminal has annual regasification capacity of 21.7 bcm and tank storage capacity […]
Diversified Energy Company (NYSE:DEC; LSE:DEC) completed its acquisition of Oklahoma-based Canvas Energy in November 2025, expanding its leadership position in Oklahoma with an accretive natural gas acquisition. The deal adds production of approximately 11,000 barrels of oil equivalent per day consisting of 99% natural gas for the first four months of 2025. Kirkland & Ellis […]
NRG Energy completed the acquisition of a 738 MW natural gas combined cycle peaking generation portfolio in Texas. The deal is valued at $560 million. The seller is from Rockland Capital. The acquisition includes one combined-cycle unit and five peaker units, further.
Stonepeak acquired a majority stake in Ørsted's U.S. onshore wind portfolio of operating assets. The portfolio consists four U.S. onshore wind farms with a total capacity of 957 MW. It includes four wind farms across three states: the Ford Ridge Wind project in Illinois, the Helena Wind and Western Trail Wind projects in Texas, and […]