Persist Oil & Gas and Dienerian Resources Merge; Siguler Guff Commits C$40M Preferred Equity

DIF Capital Partners and PGGM to acquire 50% stake in Saur from EQT Infrastructure

December 28, 2022

Environmental Services

EQT Infrastructure has entered exclusive negotiations to sell 50% of its stake in Saur to a consortium composed of DIF Capital Partners and PGGM. The deal will broaden Saur's shareholder base to support continued geographic expansion, accelerate growth of its Industrial Water division, and back the company's 2030 strategic agenda.

Surge Energy Acquires Grenadier Energy Partners II's Midland Basin Assets

January 31, 2021

Energy

Surge Energy US Holdings Company agreed to acquire leasehold interests and producing wells from Grenadier Energy Partners II LLC in Howard County, Texas, for an aggregate purchase price of approximately $420 million. The acquired Midland Basin assets average ~9,000 Boepd (roughly 75% oil) across ~18,010 net leasehold acres and include ~120 operated future drilling locations; the deal is expected to close in late Q1.

DIF Capital Partners Acquires Majority Stake in Diverso Energy

May 10, 2023

Renewable Energy

DIF Capital Partners, via its DIF Infrastructure VII fund, has signed an agreement to acquire a 75% majority interest in Diverso Energy Inc., a Canadian developer, owner and operator of geothermal heating and cooling systems. The founders retain 25% and will continue to lead the company; the investment will fund Diverso's growth and execution of its pipeline of geothermal EaaS projects across Canada.

EverGen Infrastructure Acquires Fraser Valley Biogas

April 22, 2021

Renewable Energy

EverGen Infrastructure Corp., a Canadian renewable natural gas (RNG) infrastructure platform, has acquired Fraser Valley Biogas Ltd., the original producing RNG facility in Western Canada located in Abbotsford, British Columbia. EverGen plans to expand and optimize the facility—boosting production from over 80,000 gigajoules annually to more than 125,000 gigajoules—and integrate operations with its existing BC waste-to-energy projects to realize operational synergies.

Renewable Energy Group Acquires Amber Resources (dba Sawyer Petroleum) and Affiliates

January 4, 2022

Oil & Gas

Renewable Energy Group, Inc. (REG) has acquired Amber Resources, LLC (dba Sawyer Petroleum) and affiliated entities M.O. Dion & Sons and Amber Petroleum Products, expanding REG's downstream footprint in Southern California. The acquisition adds over 60 million gallons/year of diesel sales, a significant lubricants business (Shell Prestige distributor), eight locations including three cardlock sites, and is expected to be immediately accretive.

Terramont Infrastructure Partners Acquires Majority Interest in Bull Moose Capital

October 2, 2025

Oil & Gas

Terramont Infrastructure Partners has acquired a majority interest in Bull Moose Capital Ltd., Canada’s largest provider of natural gas compression and power generation solutions. The seller was TriWest Capital Partners, and Terramont said the investment will support Bull Moose’s geographic expansion and increased focus on larger energy infrastructure projects.