Private Equity

Natural Resources

Carlyle-backed battery storage developer NineDot racks up $225m

With this investment, Manulife Investment Management has acquired an equity stake in NineDot.

2 min read · 10 January 2024

Carnelian invests in Parallax Energy's Canadian M&A strategy

Parallax Energy is a Calgary-based upstream company focused on acquisition and development opportunities in Canada.

1 min read · 09 January 2024

Energy Capital Partners acquires renewable energy developer Triple Oak Power

The sellers were EnCap Investments, Yorktown Partners and Mercuria Energy.

1 min read · 09 January 2024

Plus Power sale could attract private equity, infrastructure funds

Plus Power is considered one of the early project developers of lithium-ion battery storage projects in the Electric Reliability Council of Texas, one of the three largest electric power grids in the US.

2 min read · 04 January 2024

Blackstone Infrastructure Partners acquires minority stake in Northern Indiana Public Service Company

According to the terms of the deal, the Blackstone affiliate has acquired a 19.9 percent non-controlling stake in NIPSCO Holdings II LLC, while NiSource will own the remaining 80.1% of NIPSCO Holdings II LLC.

2 min read · 03 January 2024

Align Capital Partners eyes tuck-ins for utility consulting group E Source

'E Source is looking to add subject matter expertise to help utilities with some of their largest grid-related problems,' said Matt Iodice.

3 min read · 03 January 2024

Ardian and Solarpack terminate JV in Chile and Peru

As a result, Ardian now owns three solar PV plants in northern Chile while Solarpack now owns Panamericana, a solar PV plant in southern Peru, and Moquegua, a solar PV plant in southern Peru.

1 min read · 02 January 2024

Ara Partners acquires USD Clean Fuels

As part of the transaction, USDCF has also acquired the West Colton Rail Terminal, a biofuels terminal in California.

1 min read · 02 January 2024

Apollo-backed WattEV's growth to be fueled by decarbonization of California and other states

Starting in 2024, companies like Procter & Gamble, Target, IKEA, MGA and Walmart must use zero-emissions vehicles at ports of entry for commerce in California.

3 min read · 21 December 2023

Sandbrook Capital-backed NeXtWind acquires ten wind farms from Qualitas Energy Deutschland

The acquisition includes a total of over 60 wind turbines.

1 min read · 19 December 2023

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