Energy Transfer acquisition of SemGroup : US midstream energy company Energy Transfer has agreed to acquire SemGroup for a total consideration of approximately $5.1 billion, including the assumption of debt and other liabilities. SemGroup, which is headquartered in Tulsa, Oklahoma, operates a network of pipelines, processing plants, refinery-connected storage facilities and deep-water marine terminals across […]
Northland Power acquisition of EBSA : Canada-based Northland Power has agreed to acquire a 99.2% stake in Colombian regulated utility Empresa de Energía de Boyacá (EBSA) for C$1.05 billion, as per the latest energy acquisition news. The acquisition will expand Northland Power’s Latin American energy infrastructure business into Colombia. The acquisition of EBSA from Fondo […]
US energy storage developer GlidePath Power Solutions has acquired a 149MW wind farm portfolio located in North Texas from Exelon Generation, for an undisclosed price, as per the latest US wind industry news. GlidePath Power Solutions said that the acquisition adds to its present operating portfolio made up of solar, wind and storage products in […]
Macquarie’s Green Investment Group (GIG) has signed a £1.63 billion deal to acquire 40% stake in the 714MW East Anglia One offshore wind project in the UK from Spanish energy company Iberdrola, as per the latest energy acquisition news. Iberdrola will hold on to the remaining 60% stake in the East Anglia One offshore wind […]
Energy acquisition news : Duke Energy Renewables has acquired the 200MW Holstein solar project to be constructed in the Nolan County in Texas from 8minute Solar Energy for an undisclosed price. 8minute Solar Energy, a Nevada-based solar power developer, led the development of the Holstein solar plant and arranged its engineering, procurement and construction contract, […]
Oryx Midstream Services, a US midstream crude company in the Permian Basin, has secured an equity investment of around $550 million from an affiliate of Qatar Investment Authority (QIA), a Qatari state-owned investment firm. Qatar Investment Authority has acquired a significant stake in Oryx Midstream Services from an affiliate of Stonepeak Infrastructure Partners. The Qatari […]
Energy acquisition news : Alliance Resource Partners (ARLP), an Oklahoma-based natural resource company, has completed a previously announced $145 million acquisition of oil and gas mineral interests from Wing Resources and Wing Resources II (collectively, Wing Resources) in the US Midland Basin. The acquisition expands the footprint of Alliance Resource Partners in the Permian Basin […]
Energy acquisition news : Shell Offshore, a subsidiary of Royal Dutch Shell, has wrapped up its previously announced $965 million sale of 22.45% stake producing Caesar Tonga oil field in the US Gulf of Mexico to Equinor’s subsidiary Equinor Gulf of Mexico. Originally, Shell signed a deal with Israel’s Delek Group to sell its non-operated […]
Solar acquisition news : US Solar Fund, a UK-based investment company, has signed an agreement to acquire the 128MW Milford Solar Project to be built in Utah from Longroad Energy Partners. The electricity generated from the Milford Solar Project, which is expected to be commissioned in the second half of 2020, will be sold completely […]
Energy acquisition news : NextEra Energy Transmission has wrapped up its previously announced $1 billion worth acquisition of California-based transmission utility Trans Bay Cable (TBC), from affiliates of Steelriver Infrastructure Fund North America, for an undisclosed price. Trans Bay Cable owns a 53-mile high-voltage direct current underwater transmission cable system in California, which was laid […]