Mar 16, 2016
Targa Resources Corp. ("Targa" or the "Company") (NYSE:TRGP) announced today that it has received definitive agreements for the purchase of approximately $1.0 billion of 9.5% Series A Preferred Stock (the "Preferred Stock"), which includes the Preferred Stock from Stonepeak Infrastructure Partners ("Stonepeak") that was previously announced by the Company on February 18, 2016, and additional Preferred Stock as a result of investor interest after the initial announcement from funds managed by Blackstone Tactical Opportunities, Energy Capital Partners Mezzanine Opportunities Fund, investment companies affiliated with Tortoise Capital Advisors, L.L.C. and other institutional investors (collectively with Stonepeak, the "Preferred Investors").
Feb 25, 2016
SMLP announces estimated $1.2 billion drop down of all operating assets from Summit Investments.
Nov 19, 2015
EnergySolutions, Inc. today announced it has signed a definitive agreement to acquire Waste Control Specialists LLC (WCS), a wholly owned subsidiary of Valhi, Inc. (NYSE: VHI) and operator of a waste disposal facility located in Andrews County, Texas.
Nov 17, 2015
EnergySolutions, Inc. today announced it has signed a definitive agreement for the sale of its Projects, Products and Technology business to WS Atkins plc, a UK listed design, engineering and project management consultancy company with operations around the world.
Oct 12, 2015
SD Partners LP (NYSE: USDP) (the “Partnership”) has agreed to acquire 100% of the equity interests in Casper Crude to Rail, LLC (the “Casper terminal”) from Stonepeak Infrastructure Partners, Cogent Energy Solutions and The Granite Peak Group for total consideration of $225.0 million, subject to closing adjustments.
Oct 08, 2015
USD Group LLC ("USDG") and Pinto Realty Partners LP ("Pinto") announced today the formation of a joint venture to develop a premier U.S. Gulf Coast destination terminal on the Houston Ship Channel. USDG will co-lead commercialization efforts for the 988-acre property, TDWP Terminals, which is capable of supporting a multiple unit-train per day rail terminal for liquid hydrocarbons, in addition to storage, blending and export operations.
Sep 01, 2015
Energy Capital Partners today announced it closed on the
acquisition of Terra-Gen, LLC, the owner, operator and developer of utility-scale renewable and clean energy assets. Located throughout the western United States, Terra-Gen’s 653 MW portfolio spans 21
facilities and includes a diverse mix of wind (497 MW), solar thermal (89 MW) and geothermal (67 MW) plants.
Aug 17, 2015
Jul 09, 2015
Wheelabrator Technologies Inc. (Wheelabrator) today announced
Robert “Bob” C. Boucher Jr. as the new president and CEO effective July 13, succeeding Mark A. Weidman.
May 18, 2015
Summit Midstream Partners, LP (NYSE: SMLP) announced today that its wholly owned subsidiary, Bison Midstream, LLC (“Bison Midstream”), has closed its previously announced acquisition of 100% of the equity interests of certain subsidiaries of Summit Midstream Partners, LLC (“Summit Investments”) for total cash consideration of $255.0 million, subject to customary purchase price adjustments (the “Acquisition”).
May 07, 2015
Summit Midstream Partners, LP (NYSE: SMLP) today announced the pricing of its underwritten public offering of 6,500,000 common units representing limited partner interests in SMLP at a public offering price of $30.75 per common unit.
Apr 14, 2015
Next Wave Energy Partners, LP (“Next Wave” or “the company”) today announced that Energy Capital Partners (“ECP”), a private equity Nirm focused on investing in North America’s energy infrastructure, has made an investment in the company. ECP will provide Next Wave with up to $500 million in equity capital to focus on the development, operation, acquisition and expansion of midstream and downstream petrochemical and fuels assets.
Apr 01, 2015
Dynegy Inc. (NYSE: DYN), through its wholly owned subsidiary, has finalized its acquisition of EquiPower Resources Corp. and Brayton Point Holdings, LLC from Energy Capital Partners (ECP). The transactions include 10 generating stations, capable of generating 6.3 gigawatts of electricity into the New England and PJM power markets. The Company now owns nearly 20,000 MW operating in eight states.
Dec 19, 2014
Wheelabrator Technologies Inc. today announced the close of its $1.94 billion acquisition by Energy Capital Partners from Waste Management. A definitive agreement for the sale was previously announced July 29, 2014.
Nov 07, 2014
Southcross Holdings LP (“Holdings”) announced today the completion of a $210 million preferred equity commitment from Energy Capital Partners Mezzanine Opportunities Fund and GE Energy Financial Services. Holdings owns 100% of Southcross Energy Partners GP, LLC, the general partner of Southcross Energy Partners, L.P. (NYSE:SXE) (“Southcross”), limited partner interests in Southcross, and several Eagle Ford based midstream assets.
Oct 08, 2014
USD Partners LP (“USDP” or the “Partnership”) announced today the pricing of its initial public offering of 9,120,000 common units representing limited partner interests at $17.00 per common unit.
Sep 22, 2014
USD Group LLC and its affiliates (“USDG” or the “Company”) announced today the successful closing of a partnership with Energy Capital Partners (“ECP”), an energy infrastructure-focused private equity firm with over $13 billion in capital commitments.
Sep 04, 2014
Summit Midstream Partners, LP (NYSE: SMLP) today announced the pricing of an underwritten public offering of 4,347,826 common units representing limited partner interests owned by Summit Midstream Partners Holdings, LLC (“SMP Holdings”), a wholly owned direct subsidiary of SMLP’s sponsor, Summit Midstream Partners, LLC, at a public offering price of $53.88 per common unit.
Jul 29, 2014
Waste Management, Inc. (NYSE:WM) has agreed to sell Wheelabrator Technologies, Inc. (“WTI”) to an affiliate of Energy Capital Partners (“ECP”) for $1.94 billion in cash.
Jul 18, 2014
Energy Capital Partners Mezzanine Opportunities Fund announced today the completion of a $160 million investment commitment to Furie Operating Alaska, LLC (“Furie”), a growth-oriented independent oil & gas company.
Jun 02, 2014
Summit Midstream Partners, LLC (“Summit Investments”), the privately held company that owns and controls the general partner of Summit Midstream Partners, LP (NYSE: SMLP), and MarkWest Energy Partners, L.P. (NYSE: MWE) (“MarkWest”) announced today that a subsidiary of Summit Investments has exercised its option to acquire a 40.0% equity interest in Ohio Gathering Company, L.L.C. and Ohio Condensate Company, L.L.C. (together, “Ohio Gathering”) from affiliates of MarkWest and The Energy & Minerals Group (“EMG”).
May 06, 2014
PLH Group, Inc. ("PLH"), a portfolio company of private equity firm Energy Capital Partners, today announced its acquisition of R.B. Hinkle Construction, Inc. ("R.B. Hinkle").
Apr 07, 2014
Energy Capital Partners announced the final closing of Energy Capital Partners III, LP (“Fund III”) at $5.05 billion in commitments, surpassing the Fund’s $3.5 billion target.
Mar 17, 2014
BP Midstream Partners LP (“BP Midstream Partners” or the “Partnership”), a limited partnership formed by an indirect, wholly-owned subsidiary of BP p.l.c., announced the pricing of its initial public offering of 42,500,000 common units representing limited partner interests at $18.00 per common unit.
Jan 28, 2014
Summit Midstream Partners, LLC ("Summit Investments"), the privately held company that owns and controls the general partner of Summit Midstream Partners, LP (NYSE: SMLP), announced today that it has closed the acquisition of equity interests in Ohio Gathering Company, L.L.C. and Ohio Condensate Company, L.L.C. (together, "Ohio Gathering") from Blackhawk Midstream, LLC ("Blackhawk"), a joint venture between Gulfport Energy Corporation ("Gulfport") and Wexford Capital LP.