Natural Resources

Goldman Sachs Alternatives, Cleanhill Partners agree to $4.4bn sale of EPC Power to Flex

The Poway, California-based company designs and manufactures software-defined power conversion solutions for data centers, utility-scale energy storage and microgrids.

Gemspring-backed Airswift acquires New Tech Global energy businesses

New Tech Global's Ventures, Rig Personnel and Auburn units provide upstream oil and gas workforce, project and asset management, and technical advisory services in the US energy sector.

CAI Capital-backed GreenArrow acquires MSL Electric in add-on

Anaheim, California-based MSL Electric, founded in 2002, is a union electrical contractor delivering traffic signal, intelligent transportation system and lighting projects for municipal, county and state agencies across four Southern California counties.

Blackstone, Centerbridge-backed MacLean Power Systems agrees to acquire Delta Star

Lynchburg, Virginia-based Delta Star, founded in 1908, provides engineered-to-order power transformers and mobile substation solutions from three manufacturing campuses in Virginia, California and Quebec, employing more than 1,400 people.

Apollo, Triton agree to sell Kelvion to SLB for $4.1bn

Kelvion, a developer of thermal management technology for data centers and diversified industrials, has made data centers its largest and fastest-growing segment under its current ownership.

Old Ironsides, EnCap Flatrock agree Brazos Midland sale to ONEOK for $4.4bn

Brazos Midstream, which the company describes as the largest privately held midstream platform in the Midland Basin, is expanding its processing capacity to 1.2 Bcf/d by 2027 through the Cassidy II plant project.

Hull Street Energy acquires 1,263 MW power portfolio from Rockland Capital

The GridFlex Portfolio comprises the Lee County Generating Station, a 677 MW natural gas turbine facility in Illinois, and the Tait Electric Generating Station, a 586 MW dual-fuel facility in Ohio, both located in the PJM market.

Align Capital-backed E Source picks up Aneden Consulting

Boulder-based E Source helps utilities optimize the grid.

Battle Investment Group completes sale of TRS Services to Allied Power Group

TRS Services, founded in 1998, provides maintenance, repair, and overhaul services for industrial gas turbine components from two facilities in Houston.