M&A Deal Summary |
|
|---|---|
| Date | 2019-12-10 |
| Target | STX Midstream |
| Sector | Oil/Gas Exploration |
| Buyer(s) |
EIG Partners
XPLR Infrastructure |
| Deal Type | Joint Venture |
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EIG Global Energy Partners specializes in private investments in energy and energy-related infrastructure around the world. Specific areas of interest include upstream oil and gas, midstream, power generation, renewables, and related infrastructure. EIG manages a variety of funds that provide hybrid debt and structured equity financing solutions to energy projects and companies. The Firm also offers credit/direct lending vehicles that target higher credit-quality project finance instruments. EIG Global Energy Partners is headquartered in Washington, District of Columbia.
| DEAL STATS | # |
|---|---|
| Overall | 41 of 55 |
| Sector: Oil/Gas Exploration M&A | 17 of 21 |
| Type: Joint Venture M&A Deals | 2 of 2 |
| State: Texas M&A | 15 of 16 |
| Country: United States M&A | 28 of 34 |
| Year: 2019 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-07-01 |
NGL
Tulsa, Oklahoma, United States NGL operates a vertically integrated energy business with three operating segments: midstream, wholesale supply and marketing, and retail propane. NGL was founded in 1940 and is based in Tulsa, Oklahoma. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-01-02 |
Middle River Power
Chicago, Illinois, United States Middle River Power is a 500+ MW portfolio of efficient, natural gas-fired generators in California, providing reliability to the State’s electrical grid as it increases its renewable power standards. Middle River Power CalPeak is a 400+ MW portfolio of efficient, natural gas-fired generators across California, providing reliability to the State’s electrical grid as it increases its renewable power standards. Middle River Power is based in Chicago, Illinois. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 2014 |
| Sector | Utilities |
| Revenue | 1.2B USD (2024) |
XPLR Infrastructure acquires, manages, and owns contracted clean energy projects with stable, long-term cash flows. XPLR Infrastructure was founded in 2014 and is based in Juno Beach, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector: Oil/Gas Exploration M&A | 1 of 1 |
| Type: Joint Venture M&A Deals | 1 of 1 |
| State: Texas M&A | 1 of 1 |
| Country: United States M&A | 4 of 4 |
| Year: 2019 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-09-30 |
Meade Pipeline Co.
United States Meade Pipeline Co. LLC owns a 39.2% interest in the Central Penn Line, a 185-mile intrastate natural gas pipeline that is an integral part of a pipeline system regulated by the Federal Energy Regulatory Commission (FERC) that provides the Marcellus natural gas-producing region access to large demand centers in the mid-Atlantic and Southeastern regions of the U.S. |
Buy | $1.4B |