Private Equity

Natural Resources

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

Clearlake Capital-backed Gravity Oilfield Services to sell its water midstream unit to Delek Logistics

Gravity Oilfield Services is a water and power infrastructure company.

2 min read · 13 December 2024

Blackstone, Foresight seize energy transition opportunities; Main Capital in talent management deal

Main Capital Partners has made a majority investment in TMA, a Dutch talent management software provider.

4 min read · 11 December 2024

Grid upgrades, digitalization and energy efficiency drew PE interest in 2024

Blackstone senior managing director, Juergen Pinker, called power grid supply chain a 'key focus area' for the firm’s PE energy transition strategy.

3 min read · 11 December 2024

Crossplane snaps up Distributor Wire and Cable

DWC was founded in 2008.

1 min read · 10 December 2024

Onshoring in industrial, manufacturing sectors to continue luring PE in 2025, dealmakers predict

Some government policies have made local investments in sectors such as infrastructure and manufacturing attractive.

4 min read · 10 December 2024

Carnelian backs Parallax Energy’s acquisition of Vesta Energy

Vesta Energy is an oil and gas company.

2 min read · 09 December 2024

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