Private Equity

Energy / oil & gas

Baker Hughes SDS business and Akastor ASA's MHWirth merge and form new company

Baker Hughes' subsea drilling systems business and Akastor ASA's MHWirth AS have closed its previously announced merger and formed HMH, a global offshore drilling equipment company.

2 min read · 01 October 2021

Koch Strategic Platforms backs Li-Cycle with $100m in funding

Li-Cycle Holdings Corp, a Toronto-based lithium-ion battery resource recycling company, has received a $100 million convertible note financing.

5 min read · 29 September 2021

Vision Ridge to commit $100m to back VRNG

Vision Ridge Partners has committed $100 million to back the establishment and built out of Vision RNG, a developer and operator of landfill gas infrastructure.

3 min read · 29 September 2021

Waterous-backed Strathcona in talks to acquire Caltex: Reuters

Strathcona Resources is in advanced talks to buy rival Caltex Resources for about C$700 million, adding to its enhanced oil recovery portfolio in Saskatchewan.

1 min read · 13 September 2021

Tower Arch-backed Creedence recaps Magna Energy Services

Creedence Energy Services, which is backed by Tower Arch Capital, has recapitalized New Mexico-based Magna Energy Services LLC, an oil and gas company.

3 min read · 13 September 2021

HTEC closes C$217m investment, ISQ among the backers

HTEC Hydrogen Technology & Energy Corp, a Vancouver-based provider of hydrogen supply solutions, has closed a C$217 million investment.

4 min read · 08 September 2021

Wise Equity-backed Trime and BGG buy FTG

Trime, a portfolio company of Wise Equity and BGG, have acquired FTG Equipment Solutions, a distributor of light towers and generators.

2 min read · 08 September 2021

PE-backed Switch Power buys BTM energy storage systems

Switch Power Corp has acquired a portfolio of behind-the-meter battery energy storage systems from Peak Power, a Toronto-based climate technology company.

4 min read · 07 September 2021

Enbridge to acquire PE-backed Moda Midstream for $3bn

Enbridge, a Calgary-based pipeline business, has agreed to acquire Moda Midstream Operating, a Houston-based liquids terminaling and logistics company.

4 min read · 07 September 2021

Starwood Energy acquires majority interest in BerQ RNG

Starwood Energy Group Global has acquired a majority stake in BerQ RNG, an Oakville, Ontario-based developer of renewable natural gas projects.

3 min read · 07 September 2021

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