Professional M&A intelligence for the energy transition
TotalEnergies acquired Global Infrastructure Partners (GIP)'s 50% stake in Clearway Energy Group for $1.6B, becoming the largest clean energy developer in the U.S. Clearway had 5.5 GW of wind and solar operating capacity plus a development pipeline.
Crestwood Equity Partners acquired Sendero Midstream from Energy Capital Partners for $600M cash, doubling its natural gas processing capabilities in the Delaware Basin.
Crestwood Equity Partners LP (NYSE: CEQP) acquired Oasis Midstream Partners LP (NASD: OMP) in an equity and cash transaction valued at about $1.8 billion including the assumption of debt.
Brookfield Renewable acquired clean power developer Urban Grid and its pipeline of projects comprising approximately 13,000 MW of utility-scale solar and 7,000 MW of energy storage capacity for $650 million.
Brookfield Renewable acquired Scout Clean Energy for $1 billion (+ $350M development commitments), gaining 800+ MW of operating wind assets and a 22,000+ MW pipeline of wind, solar and storage projects across 24 U.S. states.
Africa Finance Corp. and Infinity Group acquired Lekela Power, a pan-African wind energy company, for $1.5B. Lekela operates over 1 GW of wind capacity across South Africa, Egypt, and Senegal.
J.P. Morgan Asset Management acquired a 60% stake in Italian renewable energy company Falck Renewables for $1.4B. Falck operates wind, solar, and biomass assets across Europe.
Global Infrastructure Partners and Actis acquired Latin American renewables company Atlas Renewable Energy for $2B, gaining a portfolio of solar projects across Brazil, Chile, Mexico, Colombia, and Uruguay.
Shell acquired Indian renewable energy developer Sprng Energy for $1.55B, gaining a portfolio of solar and wind assets in India.
Shell acquired Danish renewable natural gas (RNG) producer Nature Energy Biogas for $2B. Nature Energy was Europe's largest RNG producer, operating 14 biogas plants in Denmark.