Natural Resources

XM Capital leads C$127m financing of North American Helium

North American Helium, a Calgary-based helium driller, has raised C$127 million in a non-brokered equity financing.

Apollo to acquire stake in Broad Reach

Apollo has agreed to acquire a 50 percent stake in Broad Reach, a utility-scale energy storage and renewable energy platform.

EQT Infrastructure and GEH to exit GETEC

EQT Infrastructure and GEH have agreed to sell their stakes in GETEC to the Infrastructure Investments Fund, an investment vehicle advised by J.P. Morgan Investment Management.

TA to sell Power Line Systems for about $700m

TA Associates has agreed to sell Power Line Systems to Bentley Systems for about $700 million.

Multiple bidders for Saudi Aramco gas pipeline stake: Bloomberg

BlackRock, Brookfield Asset Management and EIG are among firms that made final bids for a stake in Saudi Aramco’s natural-gas pipeline network, Bloomberg reported.

BDC grabs $100m from Irradiant

Bioenergy Devco, a developer of anaerobic digestion facilities that transform organic waste into renewable energy and healthy soil products, has secured $100 million in funding.

Main Street backs Flame King

Based in Pico Rivera, California, Flame King is a provider of propane storage solutions and accessories.