Professional M&A intelligence for the energy transition
Ardian agreed to acquire 100% of Energia Group from I Squared Capital. Energia operates across the entire energy value chain in Ireland and Northern Ireland, serving almost 900,000 homes and businesses. It is one of the longest established providers of renewable electricity in Ireland, supplying approximately 17% of the island of the country's total electricity […]
Talen Energy (NASDAQ: TLN) completed the acquisitions of the Freedom and Guernsey natural gas power plants from affiliates of Caithness Energy and BlackRock for about $3.8 billion, adding nearly 2.9 GW of generation capacity in the PJM market. Talen Energy is an independent power producer and energy infrastructure company. It own and operate approximately 13.2 […]
Brookfield Renewable Partners agreed to acquire a 12.45% minority stake in four operational U.K. offshore wind farms from Ørsted in a transaction valued at about $2.3 billion, covering assets with a combined capacity of roughly 3.5 GW. Ørsted will retain a 37.55% stake and continue operating the wind farms, which include Hornsea 1, Hornsea 2, […]
Sembcorp Industries Ltd. and Chow Tai Fook Enterprises Limited agreed to acquire 100% of Australia's energy retailer and generator Alinta Energy Pty Ltd. for an around A$6.5 billion. The acquisition will give Sembcorp a major platform in Australia's energy market, combining Alinta's generation and retail operations with Sembcorp's global renewables capabilities to accelerate clean energy […]
Stonepeak and Energy Equation Partners acquired a 65% interest in JET Tankstellen Deutschland GmbH, a fuel retailer in Germany and Austria, from a subsidiary of Phillips 66 (NYSE: PSX). The deal is valued at around €2.5 billion (about $2.9 billion). Phillips 66 will retain a 35% minority interest in JET as part of the deal through […]
BP agreed to sell non-controlling interests in Permian and Eagle Ford midstream assets - U.S. onshore midstream assets - to funds managed by Sixth Street for $1.5 billion. The deal has a total consideration of $1.5 billion and is structured in two phases: about $1 billion paid upon signing with the balance expected by the […]
Energy Capital Partners (ECP) and Centrica plc acquired the Grain LNG terminal from National Grid for approximately £1.5 billion (or around $2.01 billion) Grain LNG is Europe's largest LNG regasification terminal and is located at Isle of Grain, to the east of London. The terminal has annual regasification capacity of 21.7 bcm and tank storage capacity […]
Diversified Energy Company (NYSE:DEC; LSE:DEC) completed its acquisition of Oklahoma-based Canvas Energy in November 2025, expanding its leadership position in Oklahoma with an accretive natural gas acquisition. The deal adds production of approximately 11,000 barrels of oil equivalent per day consisting of 99% natural gas for the first four months of 2025. Kirkland & Ellis […]
NRG Energy completed the acquisition of a 738 MW natural gas combined cycle peaking generation portfolio in Texas. The deal is valued at $560 million. The seller is from Rockland Capital. The acquisition includes one combined-cycle unit and five peaker units, further.
Stonepeak acquired a majority stake in Ørsted's U.S. onshore wind portfolio of operating assets. The portfolio consists four U.S. onshore wind farms with a total capacity of 957 MW. It includes four wind farms across three states: the Ford Ridge Wind project in Illinois, the Helena Wind and Western Trail Wind projects in Texas, and […]