Natural Resources

EIV Capital to exit H20 Midstream

The buyer is Delek Logistics Partners.

Hellman & Friedman-backed Enverus acquires AI-powered energy procurement platform BidOut

Enverus is an energy-focused SaaS company.

First Reserve-backed Palmdale Oil buys Maassen Oil Company

Palmdale is a provider of fuels, propane, lubricants, and chemicals with delivery solutions across the state of Florida.

Aurora Capital snaps up generator provider GenServe

Lazard and KeyBanc Capital Markets served as financial advisors to GenServe while Piper Sandler served as financial advisor to Aurora.

Quantum Capital to acquire power producer Cogentrix from Carlyle for $3bn

The transaction is expected to close between the fourth quarter of 2024 and the first quarter of 2025.

Trilantic North America-backed Sunbelt Solomon Services snaps up Maxima Power Group

Sunbelt Solomon is a provider of customized electrical power solutions and services.

PE-backed PSC Group acquires Delta Petroleum Company

PSC is a provider of on-site logistics and repair services to critical petrochemical companies.

HSE to acquire four New York thermal power plants from J-Power USA

The portfolio includes Edgewood Energy, LLC, Shoreham Energy, LLC, Pinelawn Power LLC, and Equus Power I, L.P.