Private Equity
Jensen Hughes, which is owned by Gryphon Investors, has acquired Houston-based Technical Response Planning Corporation, a provider of emergency planning, training and response consulting services for the energy industry. No financial terms were disclosed.
3 min read · 12 February 2019
Skyline Renewables, which was formed last year by Transatlantic Power Holdings and Ardian, has acquired a 117 megawatt wind portfolio from NJR Clean Energy Ventures, a subsidiary of New Jersey Resources. No financial terms were disclosed. The wind farms are located in Iowa, Kansas, Pennsylvania and Wyoming.
3 min read · 11 February 2019
EnCap Investments LP has committed $300 million to Pegasus Resources LLC. Based in Fort Worth, Texas, Pegasus is a mineral and royalty company.
3 min read · 11 February 2019
EQT has acquired Kodiak Gas Services from The Stephens Group. No financial terms were disclosed. Jefferies LLC served as financial adviser to Kodiak on the transaction while Kirkland & Ellis LLP provided legal counsel. And, Simpson Thacher & Bartlett LLP served as legal adviser to EQT. Based in Houston, Kodiak is a provider of compression equipment for the extraction of oil and transportation of gas in the U.S.
4 min read · 11 February 2019
ArcLight Capital Partners has closed its previously announced acquisition of Sempra Energy‘s non-utility U.S. natural gas storage facilities. The transaction was for $328 million in cash. Wells Fargo Securities LLC provided financial advice to Sempra Energy on the transaction while Jones Day provided legal advice. Based in San Diego, Sempra Energy is an energy services holding company.
2 min read · 08 February 2019
Riverstone Holdings LLC has invested up to $500 million to Three Rivers Natural Resource Holdings IV LLC. Based in Austin, Three Rivers IV is an oil and gas company focused on opportunities in the Permian Basin.
2 min read · 07 February 2019
Hull Street Energy LLC said Feb. 6 that it agreed to buy ownership interests in the Bayswater and Jamaica Bay natural gas-fired electric generating stations from NextEra Energy Resources LLC. Financial terms weren’t announced. The two facilities are located in Far Rockaway, New York and provide approximately 110 megawatts of start power generation capacity to the region.
2 min read · 07 February 2019
Thoma Bravo LLC said Feb. 7 that it agreed to buy Aucerna. Financial terms weren’t announced. Aucerna provides integrated planning, execution and reserves services for the energy industry.
3 min read · 07 February 2019
Blackstone Energy Partners has formed Waterfield Midstream, which has secured a $500 million equity commitment. Waterfield is a provider of water management services to producers in the Permian Basin.
3 min read · 05 February 2019
Texas’s biggest power company, the bankrupt Energy Future Holdings, soon will present plans to auction its majority stake in its Oncor power distribution unit, a business that could be worth $20 billion or more including debt.
2 min read · 16 September 2014
