Professional M&A intelligence for the energy transition
Nova Clean Energy announced the acquisition of HyFuels, a more than 1 gigawatt portfolio of mid-to-late-stage wind and solar development projects as well as an earlier stage green ammonia project. HyFuels is located on the Texas Gulf Coast. HyFuels has a current project footprint of about 25,000 acres. Nova acquired HyFuels from BNB Renewable Energy, a […]
Energetický a průmyslový holding, a.s. (EPH) completed the acquisition of an additional 50% stake in Slovak Power Holding B.V. (SPH) from Enel Produzione S.p.A. EPH now owns a 100% stake in SPH, which in turn owns a 66% majority stake in Slovenské elektrárne, a.s. (Slovenské elektrárne), Slovakia’s largest electricity producer. Slovenské elektrárne generated 20.8 TWh […]
Serica Energy Plc (AIM: SQZ) has completed the acquisition of Prax Upstream Limited (PUL) from Prax Exploration & Production. The deal involved a payment of £14.5 million ($18.9 million), with Serica also assuming $34 million in cash held by PUL. The acquisition adds the Lancaster field, currently producing about 5,900 barrels of oil equivalent per […]
DT Midstream (NYSE: DTM) acquired a portfolio of three FERC-regulated natural gas transmission pipelines from ONEOK (NYSE: OKE) for $1.2 billion. The pipelines have a total capacity of more than 3.7 Bcf/d with approximately 1,300 miles across seven states in the attractive Midwest market region. DT Midstream bought 100% operating ownership in Guardian Pipeline, Midwestern […]
Infinity Natural Resources (NYSE: INR) acquired upstream and midstream assets in the Ohio Utica Shale from Antero Resources and Antero Midstream for $1.2 billion. The addition of these assets will enhances the company's position in the core Ohio Utica Shale, adding approximately 71,000 net horizontal acres in the core of the Utica Shale concentrated in […]
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 […]
Sunoco LP (NYSE: SUN) and SunocoCorp LLC (NYSE: SUNC) acquired TanQuid GmbH & Co. KG for about €500 million, including approximately €300 million of assumed debt. TanQuid is Germany's largest independent terminal operator with a portfolio of 15 terminals located in Germany and one terminal located in Southwestern Poland. This infrastructure serves an important role […]
Enterprise Products Partners L.P. (NYSE: EPD) closed its acquisition of a natural gas gathering affiliate of Occidental in a debt-free transaction for $580 million in cash. The acquired assets include certain natural gas gathering systems in the Midland Basin, as well as approximately 200 miles of natural gas gathering pipelines that support Occidental’s production activities […]
MPLX LP (NYSE: MPLX) completed the $2.38 billion acquisition of Northwind Delaware Holdings LLC, which provides sour gas gathering, treating, and processing services in Lea County, New Mexico. The acquisition was financed and the incremental capital expenditures associated with in-process expansion projects will be funded by net proceeds from MPLX's $4.5 billion senior notes issued […]
Tidewater Midstream and Infrastructure (TSX: TWM) acquired the North Segment of the Western Pipeline System from Pembina Pipeline and certain of its affiliates. The Western Pipeline is a key infrastructure asset to Tidewater, connecting the Prince George Refinery (PGR) to crude supply in Northeastern British Columbia. Integration of the Western Pipeline within Tidewater's downstream operations […]