Quantum Energy Partners Invests in Trident Energy via $400M Line of Equity
February 16, 2022
Quantum Energy Partners has made a significant growth investment in Trident Energy, committing to participate in a $400 million Line of Equity alongside Warburg Pincus and Trident’s existing minority shareholders. The capital will support Trident’s continued acquisition, redevelopment and operation of mid-life oil and gas assets and help fund the company’s global growth objectives.
- Buyers
- Quantum Energy Partners, Warburg Pincus
- Targets
- Trident Energy
- Industry
- Oil & Gas
- Location
- England, United Kingdom
- Transaction Type
- Growth capital
Explore More
Related Acquisitions
-
Equinor and SSE Thermal Acquire Triton Power from Energy Capital Partners
June 28, 2022
Energy
Equinor and SSE Thermal have completed the £341 million acquisition of Triton Power from Energy Capital Partners, forming a 50:50 joint venture to own Triton. The deal includes the 1.2 GW Saltend Power Station and positions the buyers to decarbonise flexible power generation — including plans to prepare Saltend to run on up to 30% hydrogen from 2027 and eventual conversion to hydrogen — while supporting Equinor's H2H Saltend hydrogen project.
-
Copley Equity Partners Invests in Triton Environmental Consultants
January 26, 2023
Environmental Services
Copley Equity Partners made a minority growth investment in Triton Environmental Consultants, with existing shareholders retaining significant ownership and management control; financial terms were not disclosed. The capital will support Triton's continued growth across Canada, planned expansion into the United States, and inorganic growth through acquisitions.
-
Warburg Pincus Makes Growth Investment in Quantum Health; Great Hill Partners Retains Stake
November 20, 2020
Healthcare Services
Warburg Pincus has made a significant growth investment in Quantum Health, partnering with existing investor Great Hill Partners (which will retain a significant stake) to accelerate the company's technology platform and service delivery. Quantum Health, a Columbus, Ohio-based healthcare navigation and care coordination provider serving more than 1.7 million plan participants across 400+ employers, will continue to be led with Kara Trott remaining as Chair.
-
QE Solar Acquires Tritium3 Renewable Services
July 6, 2023
Renewable Energy
QE Solar, backed by private equity firm 424 Capital, acquired Tritium3 Renewable Services (Tritium Enterprises, LLC) of Honolulu, Hawaii. The add-on expands QE's operations & maintenance capabilities into utility-scale solar and battery energy storage (BESS), adding ~300 MW of O&M assets in Hawaii and supporting QE's growth to over 4 GW of assets under management.
-
Warburg Pincus Makes Growth Investment in TRC Companies
October 14, 2021
Engineering Services
Warburg Pincus has made a significant growth investment in TRC Companies to support the firm's continued expansion of environmentally focused, technology-enabled engineering, consulting and construction services. New Mountain Capital exited its investment as part of the transaction; proceeds will be used to scale TRC's compliance-focused engineering capabilities and further its work in decarbonization and utility-focused services.
-
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.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.