Energy / oil & gas

MEG rejects Waterous Energy Fund-backed Strathcona’s takeover offer

MEG Energy is a Canadian oil sands producer.

Allied Industrial Partners backs power company Pride Dynamo

Pride Dynamo will continue to be led by its founders Bill and Nicholas Wood, who will retain meaningful ownership in the company with Allied.

KKR to scoop up Australian power producer Zenith Energy

Zenith’s founder and management will retain a minority stake following the closing of the transaction.

Avenue Capital sells California energy transition assets to Partners Group for $2.2bn

The acquisition includes 11 critical natural gas-fired power plants that Avenue had owned since 2016.

LS Power acquires Engie Services US

As part of the purchase, Engie Services has rebranded to its previous name, Opterra Energy Services.

Exagon Impact Capital takes controlling stake in clean energy provider SunRoof

Exagon’s investment will support SunRoof’s expansion in Mexico.

BCI to take a minority stake in Asian digital infrastructure platform Pinnacle Towers

KKR will remain the majority shareholder in Pinnacle Towers.

Energy investment decisions slowing down, says Vinson & Elkins; Inflexion sells majority stake in Medik8 to L'Oréal

CataCap sees worthwhile market opportunities and investment rationale within the defense sector.

Hull Street Energy to acquire certain assets from J-Power USA subsidiary Elmwood Energy

Elwood owns a 1,350 MW gas-fired power plant located near Joliet, Illinois.