Energy/Power

Riverstone Holdings and Kinder Morgan built Utopia Pipeline in 2016 as a joint venture.

Strike Group, which is backed by TriWest Capital, has acquired Jedco Energy Services Corp.

BluEarth is a leading, independent, power producer that develops, builds, owns and operates wind, hydro and solar facilities.

The acquisition positions it to capitalize on a fast-evolving energy market and continue to meet the growing needs of clients

Calgary-based Steel Reef Infrastructure Corp, a midstream company, has agreed to acquire certain associated gas gathering, processing and sales infrastructure assets in Saskatchewan from Crescent Point Energy Corp for $500 million.

Ironwood II also announced it has entered into a binding agreement to purchase midstream assets in South Texas currently owned and operated by Twin Eagle Gardendale Pipeline, LLC , a subsidiary of Twin Eagle Holdings.

Antin Infrastructure Partners says it had signed an agreement to sell Kellas Midstream to BlackRock’s Global Energy & Power Infrastructure Funds.

In the spring of 2019, CDPQ announced it had raised the target for its carbon-neutral assets under management to CA$32 billion by 2020.

Both companies are backed by Tailwater Capital, an energy-focused private equity firm based in Dallas.

The business mix of gas gathering and artificial gas lift results in a more stable cash flow profile for the asset and fits well within its overall strategy.