Natural Resources

First Reserve exits GridTek

The buyer was not identified.

Matador Resources to acquire EnCap-backed Ameredev for over $1.9bn

Ameredev is an Austin-based oil and natural gas company.

FalconPoint-backed Jennmar snaps up G&R Gas Services

Jennmar is a provider of infrastructure products and specialized services to the civil, solar, mining, and construction industries

Riverstone sells energy and tech firm Trailstone to Engelhart

The deal is expected to close in the third quarter of this year.

ARC Financial Corp recaps light oil producer Aspenleaf

The deal provides over C$400 million ($300 million) of liquidity for ARC Energy Fund 7’s investors and co-investors and raises over C$100 million in new equity for the company.

Ardian snaps up UNITe

UNITe is a multi-technology renewable power company with more than 1.5 GW of projects under development.

Rockwood funds Energy Renewal Partners

Trisha Elizondo will remain as CEO of ERP and be a significant shareholder.

Lightrock and Galvanize invest in Octopus Energy Group

The deal follows Generation Investment Management and Canada Pension Plan Investment Board's investment in Octopus in December 2023.