Professional M&A intelligence for the energy transition
Brookfield Renewable completed its $2.8 billion acquisition of Duke Energy Renewables in October 2023. The deal added 3.4 GW of operating wind, solar, and battery storage capacity, with an additional 6.1 GW in development across the U.S.
An Invenergy-led consortium with CDPQ acquired American Electric Power's unregulated renewables business in 2023, including 1,365 MW of operating wind and solar capacity across multiple states.
PBF Energy completed its acquisition of Martinez refinery in California from Equilon Enterprises LLC d/b/a Shell Oil Products US. The 157,000 barrel-per-day, dual-coking Martinez refinery is located on an 860-acre site in the City of Martinez, 30 miles northeast of San Francisco, Calif.
Vertex Energy completed its $75 million acquisition of Shell's Mobile, Alabama refinery. The 91,000 barrel-per-day Mobile refinery is strategically located on the U.S. Gulf Coast and is capable of sourcing a flexible mix of cost-advantaged light-sweet domestic and international feedstocks.
Sunoco LP completed the divestiture of approximately 200 convenience store properties as part of its strategy to focus on fuel distribution and pipelines. 7-Eleven acquired over 200 stores, including Stripes convenience stores and Laredo Taco Company restaurants. Located across West Texas, New Mexico and Oklahoma, these stores will join the over 13,000 7-Eleven, Speedway and Stripes locations that 7-Eleven operates, […]
Berkshire Hathaway Energy completed its $9.7 billion acquisition of Dominion Energy's natural gas transmission and storage business in November 2020. The deal included over 7,700 miles of pipelines and 900 Bcf of storage.
Enbridge completed its $6.6 billion acquisition of Dominion Energy's East Ohio Gas in March 2024. The deal made Enbridge the largest natural gas distribution utility in North America by volume, serving approximately 7 million customers across multiple states.
Enbridge completed its $3.4 billion acquisition of Dominion Energy's Questar Gas in May 2024. The deal added Utah-based gas distribution serving approximately 1.2 million customers.
Williams (NYSE: WMB) closed its acquisition of MountainWest Pipelines Holding Company from Southwest Gas Holdings (NYSE: SWX) in a deal including $1.07 billion of cash and $0.43 billion of assumed debt, for an enterprise value of $1.5 billion. The deal added 2,000 miles of interstate pipelines across Utah, Wyoming, and Colorado. MountainWest also operates 56 […]
Williams Companies acquired Cureton Front Range for approximately $550 million in August 2024. The deal added gathering and processing assets serving the Denver-Julesburg Basin.