Northleaf Capital Partners Acquires Majority Stake in Provident Energy Management

Northleaf / Provident Acquire PowerStream Energy Services from Alectra

October 7, 2025

Energy

Infrastructure funds managed by Northleaf Capital Partners completed a tuck‑in acquisition of PowerStream Energy Services from Alectra Energy Services Inc., executed through Northleaf portfolio company Provident Energy Management. The deal expands Provident’s sub‑metering and billing footprint across Ontario, combining complementary capabilities and a contracted revenue profile to drive scale and growth.

Northleaf Capital Partners Acquires Controlling Stake in EVPassport

October 12, 2023

Infrastructure

Northleaf Capital Partners has agreed to acquire a controlling stake in EVPassport, committing $200 million to fund the company's capital requirements and accelerate build-out of Level 2 and Level 3 EV charging infrastructure across North America. EVPassport, headquartered in Los Angeles, provides an IaaS model for charging infrastructure combined with an open-API technology platform focused on multi-family, hospitality and retail site hosts.

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.

Macquarie Asset Management and Ontario Teachers' Acquire 31.6% Stake in Puget Holdings

February 22, 2022

Energy

Macquarie Asset Management (via Macquarie Global Infrastructure Fund) and Ontario Teachers' Pension Plan Board closed the acquisition of a 31.6% stake in Puget Holdings from CPP Investments. The stake gives the investors ownership in Puget's primary operating subsidiary, Puget Sound Energy (PSE), a regulated electric and natural gas utility serving customers in Washington State; the deal follows regulatory approvals and reflects buyers' interest in core infrastructure and the clean-energy transition.

Westwood Acquires Salient Partners' Asset Management Business

May 26, 2022

Wealth Management

Westwood Holdings Group, Inc. has entered into a definitive agreement to acquire the asset management business of Salient Partners, L.P., adding Salient's energy infrastructure, real estate, tactical equity and private investments capabilities. The deal (upfront $35 million with up to $25 million in deferred payments tied to targets) increases Westwood's AUM by roughly 32% and is intended to expand Westwood's multi-asset, real assets and alternatives offerings while leveraging Westwood's distribution and institutional relationships.

Macquarie Asset Management to Acquire 90% Stake in Apex Energies Group

November 19, 2021

Renewable Energy

Macquarie Asset Management, via its Macquarie Green Investment Group Renewable Energy Fund 2, has entered exclusive negotiations to acquire a 90% equity interest in French solar developer and operator Apex Energies Group from a consortium of investors. Apex, which develops, builds and operates rooftop and ground-mounted solar projects across France and also provides energy-efficiency and monitoring services through subsidiaries ORA and S4E, will support Macquarie’s expansion of its renewable energy platform in France.