Energy/Power

Water Island Capital LLC urged Pattern Energy Group Inc shareholders to reject a C$2.63 billion buyout offer from the Canada Pension Plan Investment Board, calling it undervalued, reported Reuters.

Enervus, a portfolio company of Genstar Capital, has acquired RS Energy Group, a technology firm focused on the upstream oil and gas industry.

Canadian energy private equity firm Longbow Capital has formed a strategic relationship with Calgary-based Validere.

I Squared has acquired a stake in a Colombia-based crude oil pipeline from Advent International.

Sherpa Capital has sold Cegasa Portable Energy to Autlán for 26.35 million euros.

POWWR and UD Group have merged to form a retail energy platform.

Alliance Source Testing, which is backed by Align Capital Partners, has acquired METCO Environmental.

Quebec-based Eddyfi/NDT has acquired Dublin-based NDT Global, an inline inspection and data analysis supplier for onshore and offshore pipelines.

Calgary-based Greengate Power and Copenhagen Infrastructure Partners have agreed to fund development and construction of Vulcan County, Alberta's Travers Solar project.

ORIX Capital Partners has acquired a majority stake in Louisiana-based Specialty Welding and Turnarounds LLC.