Natural Resources

Brookfield to buy nVent’s thermal management biz in $1.7bn deal

Thermal Management segment includes Raychem and Tracer brands.

Renewable power company BrightNight inks $440m investment from Goldman Sachs Alternatives

In addition to Goldman Sachs, current BrightNight investors and partners include Global Infrastructure Partners and CPPIB-backed Cordelio Power.

KKR completes acquisition of solar developer Avantus

As a result of this transaction, KKR and EIG are the sole equity investors in Avantus.

I Squared to scoop up energy management services firm Priority Power from Ara Partners and Oaktree

Priority Power CEO Brandon Schwertner will continue in this role remain an equity holder in the company following the completion of the transaction.

EnCap Investments-backed XCL Resources acquires Altamont Energy

Based in Houston, XCL is an independent oil and gas company.

Apollo Global to sell gas compression services provider TOPS to Archrock for $983m

The transaction is expected to close by the end of 2024.

Energy consulting firm CapSpire lands investment from Falfurrias

As part of the transaction, Gravitate, a subsidiary of CapSpire, has been separated into a standalone entity.

Blackstone to snap up electrical equipment provider Trystar

Houlihan Lokey acted as financial advisor to Trystar on the deal.