Energy / oil & gas

Pioneer Natural Resources to buy PE-backed DoublePoint

Pioneer Natural Resources Company has agreed to acquire to buy the leasehold interests and related assets of DoublePoint in a deal valued at about $6.4 billion.

CPPIB-backed RCP to form Spanish solar energy JV: Reuters

Renewable Power Capital, a renewable energy platform backed by the Canada Pension Plan Investment Board, said it has entered a joint venture to develop 3.4 gigawatts of solar energy projects in Spain.

PE-backed Tall Oak Midstream buys Redcliff Midstream

Tall Oak Midstream, which is backed by Tailwater Capital, has acquired Redcliff Midstream, a provider of gas gathering, treating and processing services to producers in Oklahoma’s STACK play.

Argonaut Private Equity buys Pioneer Well Services assets

Argonaut Private Equity has acquired the assets of Pioneer Well Services, a subsidiary of Pioneer Natural Resources.

PE-backed Peak acquires Superior Pipeline Services

Peak Utility Services Group has acquired Fort Worth, Texas-based Superior Pipeline Services, a natural gas utility services contractor.

PE-backed Ace Completes and Terra Oilfield Services form Ace Fluid Solutions

Ace Completions, which is backed by OFS Energy Fund, and Terra Oilfield Services have merged to form Ace Fluid Solutions.

Magna IV Engineering secures investment from Copley

Copley Equity Partners has made a majority investment in Edmonton, Alberta-based Magna IV Engineering, a power and automation solutions provider.

Glacier Media to sell JWN Energy information unit to Geologic

An affiliate of Vancouver-based Glacier Media has agreed to sell its JWN Energy information business to Calgary-based Geologic Systems. Geologic, a data provider to the oil and gas industry.

Inter Pipeline asks shareholders to reject Brookfield bid: Reuters

Inter Pipeline has asked shareholders to reject Brookfield Infrastructure Partners’ hostile bid, saying the offer “significantly undervalues” the Calgary-based oil and gas transportation company, reported Reuters.

Tower Arch-backed Creedence recaps ProChem

Creedence Energy Services, a portfolio company of Tower Arch Capital, has recapitalized ProChem Energy Services Inc.