Professional M&A intelligence for the energy transition
SLB acquired ChampionX in a $7.75B all-stock deal, strengthening its position in the production phase of oil & gas operations with world-class production chemicals and artificial lift technologies.
EQT Infrastructure, through Otello BidCo, made a cash offer to acquire Swedish renewable energy developer OX2 for ~$1.51B. The deal aimed to transform OX2 into a renewables developer and integrated asset owner.
ONEOK acquired Global Infrastructure Partners' entire interest in EnLink Midstream (NYSE: ENLC). The deal consists of 43% of EnLink's outstanding common units for $14.90 per unit and 100% of the interests in the managing member for $300 million, for about $3.3 billion.
Sylmar Group, a provider of industrial water and wastewater treatment, has acquired Tower Water, the premier water treatment services provider in New York City. Tower Water will join Sylmar's Water Treatment family of companies, which includes EAI Water, Clearwater Industries, R2J Chemical Services, Eastern Technologies, Butler Chemical, and ProChem Water. The acquisition strengthens Sylmar's position […]
Kian Capital-backed SPATCO Energy Solutions has completed the acquisition of Discovery Tank Testing and Tank Wizards, expanding its environmental services capabilities. The purchase further strengthen SPATCO's environmental services platform by expanding capabilities in compliance, testing, tank maintenance, and fuel system reliability, particularly across the growing Florida market. SPATCO provides turnkey infrastructure services solutions to the […]
Legrand has acquired Girtz Industries, a provider of custom-engineered modular power enclosures and services. The acquisition expands Legrand's power portfolio with solutions targeting datacenter and industrial markets. Financial terms of the transaction were not disclosed.
Stonepeak and Energy Equation Partners announced an agreement to acquire Anwim S.A., Poland's largest independent fuel marketer and owner of the MOYA station network. The transaction continues Stonepeak and EEP's European fuel retail joint venture. Financial terms were not disclosed. The transaction is expected to close in the second half of 2026, subject to customary […]
BlackRock Alternatives completed the acquisition of Jupiter Power from EnCap Energy Transition for an undisclosed amount.
Apollo Global Management (NYSE: APO) announced that certain funds managed by its affiliates made a structured investment in US Wind, an offshore wind energy development company. The fund is investing up to $265 million through convertible debt and equity to acquire an equity stake in Baltimore, Maryland-based US Wind. The investment will fund development and […]
Reliance New Energy Solar Limited (RNESL), a subsidiary of Reliance Industries, completed the acquisition of REC Solar Holdings AS from China National Bluestar (Group) Co. for $771 million enterprise value. REC Solar is one of the world's leading solar cell, panel, and polysilicon manufacturing companies, with industry-leading heterojunction (HJT) cell technology and 25 years of […]