EOG Resources Acquires Encino Acquisition Partners

BP Energy Partners Acquires Encino Environmental Services, LLC

November 17, 2020

Environmental Services

BP Energy Partners (BPEP), a Dallas-based private equity firm, has acquired Encino Environmental Services, LLC, an environmental consulting and emissions testing company headquartered in Katy, Texas. The acquisition expands BPEP's portfolio of environmental services and testing capabilities—covering emissions performance testing, LDAR, CEMS and environmental data/reporting—to support regulatory compliance and corporate ESG initiatives.

Energy Capital Partners Acquires Triple Oak Power

January 8, 2024

Renewable Energy

Energy Capital Partners (ECP) has acquired Triple Oak Power from EnCap Energy Transition Fund I and its co-investors Yorktown Partners and Mercuria Energy. Triple Oak, a Portland-based wind project developer with a pipeline of more than 8.0 GW, will partner with ECP to accelerate project development and scale its renewable energy platform in the U.S.

Enerplus Corporation Acquires Bruin E&P HoldCo, LLC for $465M

January 25, 2021

Energy

Enerplus Corporation agreed to acquire all of the outstanding shares of Bruin E&P HoldCo, LLC for US$465 million to expand its Williston Basin position. The acquisition adds ~24,000 BOE/d of production and 151,000 net acres (including 30,000 contiguous acres), and is expected to be immediately accretive to adjusted funds flow and free cash flow while improving Enerplus' drilling inventory and scale in the Bakken/Williston Basin.

Energy Capital Partners Acquires Majority Interest in PROENERGY

September 5, 2024

Energy

Energy Capital Partners (ECP) has acquired a majority interest in PROENERGY Holdings, a vertically integrated aeroderivative gas turbine platform with a 2.4 GW fleet of contracted peakers and global turbine services. The transaction (terms not disclosed) transfers control from affiliates of Eos Partners and ACON Investments to ECP, which will support PROENERGY's platform expansion, growth initiatives, and continued operations under existing leadership.

Matador Resources Acquires Advance Energy Partners from EnCap

January 24, 2023

Energy

Matador Resources Company agreed to acquire Advance Energy Partners Holdings, LLC — an EnCap-backed oil and natural gas producer with acreage and producing properties in the northern Delaware Basin — for an initial cash consideration of approximately $1.6 billion plus potential contingent payments tied to 2023 oil prices. The bolt‑on acquisition adds ~18,500 net acres (99% held by production), material near-term production and a large inventory of drilling locations, and provides midstream synergy opportunities with Matador’s Pronto Midstream subsidiary.

Enterprise Products Partners Acquires Piñon Midstream for $950M

August 21, 2024

Energy

Enterprise Products Partners L.P. completed the acquisition of Piñon Midstream, LLC, a Black Bay Energy Capital portfolio company, for $950 million in cash. Piñon provides sour natural gas gathering and treating services (including acid gas injection and carbon sequestration) in the eastern flank of the Delaware Basin, and the deal expands Enterprise's footprint and capabilities in that region.