Private Equity

Energy / oil & gas

Clearlake to acquire power and electric services grid Qualus

The seller is New Mountain Capital.

1 min read · 25 March 2026

Hull Street to acquire two power plants from Rockland

The acquired plants are Lee County Generating Station, a natural gas turbine facility in Illinois; and Tait Electric Generating Station, a dual-fuel facility in Ohio.

1 min read · 24 March 2026

Exclusive: Turnspire shops USG Water Solutions to broad PE universe, sources say

The mid-market PE firm will take first-round bids for the municipal water service provider in mid-April, sources told PE Hub.

2 min read · 24 March 2026

LS Power to acquire PJM gas assets from Constellation Energy for $5bn

According to the terms of the deal, LS Power will acquire approximately 4.4 gigawatts of predominantly natural gas–fired generation capacity located in Delaware and Pennsylvania.

2 min read · 19 March 2026

EIG-backed MidOcean Energy snags over $1.2bn

The transaction includes a $500 million commitment from Idemitsu Kosan, a global energy company.

1 min read · 17 March 2026

Oaktree-backed Aecon Utilities acquires Duna Services and a stake in KNX Utility Services

The purchase price is $60 million, with the potential for additional contingent proceeds.

2 min read · 16 March 2026

ArcLight acquires 50% stake in 5.4 GW InfraBridge gas power portfolio

The assets include 11 natural gas-fired combined cycle power plants in Washington, Illinois, Pennsylvania, and Ontario.

1 min read · 12 March 2026

Old Ironsides Energy sells Pillar to Trailblazer Energy Resources

Pillar is an exploration and production company focused on opportunities in the Eagle Ford Shale play located in South Texas.

1 min read · 12 March 2026

Blackstone takes majority stake in Advanced Cooling Technologies; How E2P grew Furlani Foods before sale to Arbor

Also featured is Blackstone and Blue Owl's minority stake investment in Atlas Holdings.

6 min read · 11 March 2026

Exclusive: Blackstone to take majority stake in Advanced Cooling Technologies

'Data centers require more intensive power management and cooling than other consumer and industrial applications,' Blackstone's Mark Zhu told PE Hub.

2 min read · 11 March 2026

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