Investment Summary |
|
|---|---|
| Date | 2021-02-22 |
| Target | NGPL |
| Sector | Oil/Gas Exploration |
| Investor(s) | ArcLight Capital Partners |
| Sellers(s) |
Kinder Morgan
Brookfield |
| Deal Type | Stake Purchase |
| Advisor(s) | RBC Capital Markets (Financial) King & Spalding (Legal) |
SEARCH BY
| Category | Infrastructure |
|---|---|
| Founded | 2001 |
| PE ASSETS | 20.0B USD |
| Size | Mega |
| Type | Sector Focused |
ArcLight Capital Partners is private equity firm that invests in energy assets and businesses. Specific areas of interest include power generation; oil, natural gas, coal extraction and production; midstream gathering, processing, storage and transportation of oil, natural gas, coal; energy transportation; and energy distribution companies. ArcLight's geographic coverage includes opportunities across North America, Western Europe, and Australia/New Zealand. ArcLight was formed in 2001 and has offices in Boston and Luxembourg.
| DEAL STATS | # |
|---|---|
| Overall | 92 of 102 |
| Sector: Oil/Gas Exploration M&A | 25 of 25 |
| Type: Stake Purchase M&A Deals | 54 of 54 |
| State: Texas M&A | 23 of 25 |
| Country: United States M&A | 79 of 87 |
| Year: 2021 M&A | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-03-20 |
Republic Midstream
Dover, Delaware, United States Republic Midstream owns and operates a crude oil gathering, storage and intermediate transportation system in the Eagle Ford Shale. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-08-12 |
Public Service Enterprise Group - 6 750-Megawatt Fossil Generating Portfolio
Newark, New York, United States Public Service Enterprise Group's 6,750-Megawatt Fossil Generating Portfolio is a provider of energy services to clients. |
Buy | $1.9B |
| Category | Company |
|---|---|
| Founded | 1997 |
| Sector | Energy Services and Equipment |
| Employees | 10,933 |
| Revenue | 15.1B USD (2024) |
Kinder Morgan is an energy infrastructure company. Kinder Morgan owns an interest in or operates pipelines and terminals. The Company's pipelines transport natural gas, refined petroleum products, crude oil, condensate, CO2 and other products, and its terminals transload and store petroleum products, ethanol and chemicals, and handle such products as coal, petroleum coke and steel. Kinder Morgan also produces and transports CO2, which is utilized for enhanced oil recovery projects in North America. Kinder Morgan was formed in 1997 and is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 6 |
| Sector: Oil/Gas Exploration M&A | 1 of 1 |
| Type: Stake Purchase M&A Deals | 2 of 2 |
| State: Texas M&A | 2 of 2 |
| Country: United States M&A | 3 of 3 |
| Year: 2021 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-08-21 |
Kinder Morgan Canada
Calgary, Alberta, Canada Kinder Morgan Canada Ltd. operates as an energy infrastructure company. Kinder Morgan Canada owns and manages pipelines that transport natural gas, gasoline, crude oil, and carbon dioxide. Kinder Morgan also operates terminals that store and handle petroleum products and chemicals. |
Sell | CA$4.4B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-06-01 |
Stagecoach
Owego, New York, United States Stagecoach consists of 4 natural gas storage facilities with a total FERC-certificated working gas capacity of 41 billion cubic feet and 185 miles of natural gas pipelines. |
Buy | $1.2B |
| Category | Company |
|---|---|
| Founded | 2007 |
| Sector | Utilities |
| Revenue | 21.0B USD (2024) |
Brookfield operates long life, high quality infrastructure assets with high barriers to entry and low maintenance capital requirements that generate stable and growing cash flows. Brookfield was founded in 2007 and is based in Hamilton, Bermuda.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Oil/Gas Exploration M&A | 1 of 1 |
| Type: Stake Purchase M&A Deals | 1 of 1 |
| State: Texas M&A | 1 of 1 |
| Country: United States M&A | 2 of 2 |
| Year: 2021 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-02-22 |
Inter Pipeline
Calgary, Alberta, Canada Inter Pipeline is a petroleum transportation, storage and natural gas liquids extraction business based in Calgary, Alberta, Canada. Inter Pipeline was founded in 1997 and is based in Calgary, Canada. |
Buy | CA$4.9B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-04-12 |
Triton International
Hamilton, Bermuda Triton International engages in the acquisition, leasing, re-leasing, and sale of various types of intermodal transportation equipment to shipping lines, and freight forwarding companies and manufacturers. Triton International was founded in 1980 and is based in Hamilton, Bermuda. |
Buy | $13.3B |
