Private Equity

Natural Resources

Kineticor closes financing for C$1.5bn Cascade Power Project

Kineticor Resource Corp has closed financing on the C$1.5 billion Cascade Power Project, a 900-megawatt combined cycle, natural gas-fired generating facility to be located near Edson, Alberta.

4 min read · 28 August 2020

FSI to acquire stake in Terra-Gen

First State Investments is acquiring a 40 percent stake in Terra-Gen from Energy Capital Partners.

4 min read · 28 August 2020

Pearl and NGP back AVAD II

AVAD Energy Partners II LLC, a new oil and natural gas production company, has secured equity commitments from Pearl Energy Investments and NGP Energy Capital Management.

3 min read · 27 August 2020

Blackstone to sell 40 pct stake in Cheniere to Brookfield: Reuters

Blackstone Group has agreed to sell a 40 percent stake in Houston-based liquefied natural gas terminal operator Cheniere Energy Partners to Brookfield Infrastructure and its own affiliated company, reported Reuters.

1 min read · 26 August 2020

Proof Capital leads growth financing for Plexus Technology

Okotoks, Alberta-based Plexus Technology has secured $5.5 million in financing to advance its natural gas supplied power generation projects.

2 min read · 26 August 2020

GSRP buys California solar project

Goldman Sachs Renewable Power has acquired High Desert Solar Project, a California-based battery storage project.

2 min read · 24 August 2020

Goldman Sachs provides $109.4m to Duke Energy Renewables

Charlotte, North Carolina-based Duke Energy Renewables, an energy holding company, has raised $109.4 million in funding.

3 min read · 19 August 2020

Covenant merges with Stuart

Covenant Testing Technologies LLC has merged with Stuart Pressure Control to form a provider of well flow and sand management and pressure control solutions in the Permian, DJ, Eagle Ford and Haynesville.

4 min read · 18 August 2020

Waterous creates Strathcona Resources in portfolio merger deal

Canadian energy private equity firm Waterous Energy Fund has combined portfolio companies Cona Resources and Strath Resources, forming Strathcona Resources, a new oil company.

3 min read · 14 August 2020

Apollo to invest in US Wind

Apollo Global Management Inc has committed to invest up to $265 million in US Wind Inc, an offshore wind energy development company.

3 min read · 14 August 2020

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