Private Equity

Energy / oil & gas

Demand for solar, storage and onshore wind expected to continue

2025 is likely to be a transitional year for the shift to renewable energy, though strategic M&A processes may well see pause until clarity is known about the Investment Tax Credit and Production Tax Credit.

4 min read · 02 January 2025

Permira Funds to buy strategic majority stake in Westbridge from Genui

Westbridge is an energy and sustainability advisor in real estate.

1 min read · 02 January 2025

ARC Financial and Step Energy Services cancel take-private deal

The decision to terminate the deal was made after it became clear that the requisite minority shareholder approval could not be achieved.

2 min read · 20 December 2024

Ørsted divests 50% stake in three US onshore projects to Energy Capital Partners for $572m

The transaction includes two solar farms in Texas, Mockingbird Solar and Sparta Solar; and Eleven Mile Solar Center, a solar and battery storage project in Arizona.

2 min read · 18 December 2024

LDC injects capital into Power Saving Solutions

Power Saving is a battery power systems provider.

2 min read · 18 December 2024

APG-led group to acquire Riverstone's stake in Pattern Energy Group

APG, acting on behalf of Dutch pension fund ABP and Australian Retirement Trust, will as a result of the deal become owners of Pattern Energy alongside CPP Investments.

1 min read · 17 December 2024

New Mountain-backed Pearce Services snaps up Unified Power

The seller was Incline Equity Partners.

1 min read · 17 December 2024

Vitesse Energy to buy First Reserve-backed Lucero Energy for $222m

Lucero Energy is an oil exploration and production company.

1 min read · 16 December 2024

Fengate takes stake in Texan cogeneration facility Freeport Power

Fengate acquired an interest in Freeport Power under its partnership with Ironclad Energy.

2 min read · 16 December 2024

Phillips 66 to sell DCP GCX Pipeline to ArcLight Capital for $865m

The sale is expected to close in January 2025.

1 min read · 16 December 2024

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