In a significant development within the energy sector, Atlantica Sustainable Infrastructure plc (NASDAQ: AY) announced a definitive agreement whereby a private limited company incorporated in England and Wales, controlled by Energy Capital Partners (ECP), will acquire all shares of Atlantica for $22 per share in cash. This transaction values Atlantica at an equity value of […]
Touchstone Exploration has entered into a definitive agreement to acquire Trinity Exploration and Production in an all-stock transaction valued at approximately $30.1 million. This deal represents a strategic move to enhance Touchstone’s operational scale and resource base in Trinidad and Tobago, where both companies are significantly engaged in crude oil exploration, development, and production. Details […]
Ithaca Energy has finalized an agreement to acquire the majority of Eni’s upstream assets in the United Kingdom in a substantial all-stock transaction valued at approximately £754 million. This deal strategically excludes Eni’s East Irish Sea assets and its carbon capture, utilization, and storage (CCUS) activities in the UK. Through this acquisition, Ithaca Energy will […]