EnCap Sells Austin, Texas-Based Jupiter Power to BlackRock
An early investor in Jupiter Power, EnCap is selling its stake in the Austin, Texas-based company to BlackRock Alternatives alongside co-investment partners Yorktown Partners and Mercuria Energy.
Land Run Minerals V Debuts with Initial Acquisition in STACK Play
LRM V’s initial acquisition in the STACK Play was also announced in conjunction with new equity commitments from Kayne Energy Private Equity.
Blackstone Explores Sale of Patriot Resources in Permian Basin, Sources Say
PRI Operating, also known as Patriot Resources, owns around 35,000 net acres in the southern Delaware Basin, which forms part of the wider Permian Basin which stretches across Texas and New Mexico.
Carlyle Backs Solar Developer Aspen Power with $350 Million Investment
The investment in Dallas-based solar developer Aspen Power “will be entirely vertically integrated in the distributed generation space, which includes community, commercial and industrial, and sub-utility solar,” Carlyle’s Pooja Goyal said in an interview.
When Will Energy’s Outperformance Break the Current Cycle
From energy security to energy transition, Tim Perry, chairman and global co-head of energy and transition at Credit Suisse, shared his outlook for capital markets with Hart Energy conference attendees.
You Can't Spell Permian Without 'PE'
Private equity sees continuing opportunities in the prolific basin.
Ørsted Sells $410 Million Stake in US Wind, Solar Projects to PE Firm
The sale of a 50% stake in U.S. onshore wind farms and a solar project is expected to support Ørsted’s ambition to reach 50 GW of installed renewable energy capacity globally by 2030.
Clearfork Midstream to Expand Haynesville Gas System in North Louisiana
Clearfork Midstream recently signed agreements to support significant buildout projects in the Haynesville Shale including expansion to the treating capacity of its Holly System and the construction of two new gathering pipelines in North Louisiana.
EIG Launches LNG-Focused MidOcean Energy with $2.15 Billion Acquisition
EIG formed and manages MidOcean Energy to build a high-quality, diversified, global “pure play” integrated LNG company by leveraging EIG’s experience in the global LNG sector.
LanzaTech Strikes $500 Million Financing Deal with Brookfield
Brookfield’s capital commitment to carbon recylcer LanzaTech, which will be used to back projects meeting conditions agreed upon by the two companies, could ultimately rise to $1 billion.