Professional M&A intelligence for the energy transition
Shell plc has completed the sale of its Singapore Energy and Chemicals Park to CAPGC Pte. Ltd., a joint venture between Chandra Asri Capital Pte. Ltd. and Glencore Asian Holdings Pte. Ltd. The transaction was executed through the sale of shares in Aster Chemicals and Energy Pte. Ltd., a subsidiary of Shell Singapore, transferring ownership […]
Shell completed the sale of Shell Petroleum Development Company of Nigeria Ltd. (SPDC) to Renaissance. Renaissance now controls SPDC's 30% stake in the SPDC JV, an unincorporated joint venture with the government-owned Nigerian National Petroleum Corporation (55%), Total Exploration and Production Nigeria Ltd (10%) and Agip Energy and Natural Resources (Nigeria) Limited (5%). SPDC, which […]
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 […]
Denmark-based Ørsted completed the divestment of a 50% stake in its 2.9 GW Hornsea 3 offshore wind farm to Apollo-managed funds. The deal is valued at about DKK 39 billion (around $5.9). It covers the acquisition of a 50 % equity ownership share and the commitment from Apollo to fund 50 % of the payments […]
AGL Energy sold 19.9% of its 20% equity in Tilt Renewables (Tilt) to existing shareholders and other entities led by the Queensland Investment Corporation (QIC) and the Future Fund for $750 million. AGL's investment in Tilt had a carrying value of $321 million as at June 30 2025, and the transaction is expected to result […]