M&A Deal Summary |
|
|---|---|
| Date | 2024-01-09 |
| Target | Triple Oak Power |
| Sector | Energy Services and Equipment |
| Buyer(s) | ECP |
| Sellers(s) | EnCap Investments |
| Deal Type | Secondary Buyout |
| Advisor(s) | Marathon Capital (Financial) Sidley (Legal) |
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ECP is a specialist private equity firm focused on investments in energy infrastructure. Specific areas of interest include power generation, including renewable energy facilities; electric transmission; midstream gas, including gas storage and pipelines; and other energy service businesses and infrastructure assets. The Firm primarily targets opportunities located in North America. ECP was formed in 2005 and is based in Summit, New Jersey.
| DEAL STATS | # |
|---|---|
| Overall | 54 of 57 |
| Sector: Energy Services and Equipment M&A | 16 of 18 |
| Type: Secondary Buyout M&A Deals | 6 of 7 |
| State: Oregon M&A | 1 of 1 |
| Country: United States M&A | 52 of 53 |
| Year: 2024 M&A | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-11-02 |
Heartland Generation
Calgary, Alberta, Canada Heartland Generation is a power generation company. Heartland Generation provides more than 2,660 MW of safe, reliable and affordable electricity to industrial, commercial and residential customers. Heartland Generation was founded in 2019 and is based in Calgary, Alberta. |
Sell | $658M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-05-28 |
Atlantica Sustainable Infrastructure
London, United Kingdom Atlantica sustainable infrastructure manages and invests in renewable energy, storage, efficient natural gas and heat, transmission lines and water assets. Atlantica Sustainable Infrastructure was founded in 2014 and is based in London, United Kingdom. |
Buy | $2.6B |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1988 |
| PE ASSETS | 38.0B USD |
| Size | Mega |
| Type | Sector Focused |
EnCap Investments is a private equity firm focused on the US energy sector. EnCap specifically looks for upstream and midstream opportunities within the oil and gas industry. EnCap generally partners with seasoned management when pursuing investments. EnCap Investments has offices in Dallas and Houston.
| DEAL STATS | # |
|---|---|
| Overall | 55 of 60 |
| Sector: Energy Services and Equipment M&A | 2 of 2 |
| Type: Secondary Buyout M&A Deals | 11 of 12 |
| State: Oregon M&A | 1 of 1 |
| Country: United States M&A | 54 of 59 |
| Year: 2024 M&A | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-01-01 |
Aither Systems
Plano, Texas, United States Aither Systems is a manufacturer and operator of microgrid systems for cell towers and other critical infrastructure assets in the United States. Aither Systems is based in Plano, Texas. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-06-12 |
Ameredev II
Austin, Texas, United States Ameredev II is an exploration and production company focused on the acquisition and development of oil and gas properties in the Permian Basin. Ameredev II is based in Austin, Texas. |
Sell | $1.9B |
