Quinbrook Acquires Strategic Stake in Elemental Clean Fuels

Brookfield Renewable Acquires Scout Clean Energy from Quinbrook

December 16, 2022

Renewable Energy

Brookfield Renewable, together with unnamed institutional partners, finalized a purchase agreement to acquire Scout Clean Energy from Quinbrook Infrastructure Partners for $1.0 billion, with the potential to invest an additional $350 million to support development activities. Scout will continue to operate under its brand as a utility-scale renewable energy developer-owner-operator headquartered in Boulder, Colorado, with ~1,200 MW of operating wind assets and a pipeline of wind, solar and storage projects across the United States.

Quinbrook Infrastructure Partners Acquires PurposeEnergy

April 12, 2023

Renewable Energy

Quinbrook Infrastructure Partners has acquired PurposeEnergy, a US-based specialist in converting organic waste from food and beverage producers into biogas and renewable natural gas (RNG). The acquisition gives Quinbrook a platform to scale PurposeEnergy’s proven project development, construction and operations capabilities to meet growing demand for renewable fuels and waste-to-energy solutions.

SCF Ventures Invests in Qube Technologies

November 15, 2021

Energy

SCF Ventures led a funding round in Qube Technologies, a Calgary-based provider of continuous emissions monitoring IoT devices and AI analytics for the oil & gas industry. Strategic investors in the round included National Energy Services Reunited (NESR), individuals from Pine Brook, and Ian Bruce; the investment will accelerate deployment of Qube's continuous monitoring systems and support geographic expansion and regulatory uptake.

Equinor Acquires East Point Energy

July 9, 2022

Energy

Equinor has signed an agreement to acquire 100% of Charlottesville-based battery storage developer East Point Energy LLC, bringing a 4.1 GW pipeline of early- to mid-stage US battery storage projects into Equinor's renewables portfolio. The deal accelerates Equinor's entry into the US power market and expands its capabilities in grid-scale battery storage to support its broader renewable and trading strategy.

PAI Partners Agrees to Acquire Majority Stake in ECF Group

June 14, 2023

Logistics & Distribution

PAI Partners has made a binding offer to acquire a majority stake in ECF Group from French private equity firm Naxicap Partners, with Naxicap remaining a minority investor alongside management. ECF is an omnichannel B2B distributor of equipment, consumables and hygiene products for hospitality and care professionals, headquartered in Grigny, France (~1,750 employees, ~€760m revenue); PAI intends to accelerate growth organically and via acquisitions to consolidate the fragmented market.

Ara Partners Acquires Majority Interest in USD Clean Fuels

January 2, 2024

Infrastructure

Ara Partners has acquired a majority interest in USD Clean Fuels (USDCF), a Houston-based developer, owner and operator of midstream logistics infrastructure for the renewable fuels value chain. As part of the transaction USDCF also acquired the West Colton Rail Terminal in California, and Ara committed additional capital to expand USDCF's infrastructure footprint across North America.