Latest Posts Under: Energy acquisition news

Ørsted to divest domestic utility business to focus on renewable energy

Energy company SEAS-NVE has entered into an agreement with Denmark-based Ørsted to acquire the latter’s domestic power distribution (Radius), residential customer and City Light businesses for a cash consideration of DKK21.3 billion (US$3.2bn). The proceeds from divestiture of businesses will help Ørsted to continue its global investments in green energy. Radius with around one million […]

Energy Transfer to acquire rival midstream company SemGroup for $5.1bn

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 to acquire Colombian regulated utility EBSA for C$1.05bn

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 […]

GlidePath Power acquires 149MW wind farm portfolio in Texas from Exelon

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 […]

East Anglia One offshore wind project : GIG buys stake from Iberdrola for £1.6bn

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 […]

Duke Energy acquires 200MW Holstein solar project from 8minute Solar Energy

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, […]

US midstream crude company Oryx Midstream raises $550m from QIA

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 […]

Alliance Resource Partners buys Midland Basin assets from Wing Resources

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 […]

Shell wraps up $965m sale of Caesar Tonga oil field stake to Equinor

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 […]

US Solar Fund to acquire 128MW Milford Solar Project from Longroad Energy

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 […]

Scroll To Top