CIM Group Acquires MAS CanAm RNG Development Platform (Renamed Terreva Renewables)

Ares Management Acquires Burnham RNG from Edge Natural Resources

December 4, 2023

Renewable Energy

A fund managed by Ares Management's Infrastructure Opportunities strategy has acquired Burnham RNG from Edge Natural Resources. The investment will support Burnham's development and construction of a pipeline of renewable natural gas (RNG) and waste-to-biogas projects across the United States, including the Pasco Resource Recovery Center in Pasco, Washington.

AIMPERA Capital Partners Completes Majority Investment in Novilla RNG

January 12, 2022

Renewable Energy

AIMPERA Fund III, advised by AIMPERA Capital Partners, completed a majority equity investment in Novilla Investment Holdings, LLC (Novilla RNG). The capital will be used to scale Novilla RNG’s development, ownership and operation of dairy-derived renewable natural gas (RNG) production facilities and to execute its U.S. project pipeline.

Kinder Morgan Acquires North American Natural Resources

August 11, 2022

Energy

Kinder Morgan, Inc. has closed the $135 million acquisition of North American Natural Resources, Inc. and its sister companies North American Biofuels, LLC and North American-Central, LLC, acquiring seven landfill gas-to-power facilities in Michigan and Kentucky. Kinder Morgan will evaluate converting up to four sites to renewable natural gas (RNG) with approximately $175 million of capital spend, expanding its RNG generation capacity and diversifying its renewables portfolio.

Ares Management Acquires Dynamic Renewables with Minority Investment from NorthWestern Energy

July 26, 2023

Renewable Energy

A fund managed by Ares Management's Infrastructure Opportunities strategy has acquired Dynamic Renewables, a U.S.-based developer, owner and operator of anaerobic digestion and renewable natural gas (RNG) projects. An unregulated affiliate of NorthWestern Energy also took a small minority stake; the investments will support development, construction and expansion of Dynamic's pipeline and operating assets, including the BC Organics facility in Wisconsin.

Northern Biogas Acquires Three Dairy RNG Projects with Support from H.I.G. Capital

February 6, 2023

Renewable Energy

Northern Biogas, a portfolio company of H.I.G. Capital, has acquired three dairy renewable natural gas (RNG) projects in the United States, expanding its RNG production capacity and development pipeline. The additions sit close to Northern Biogas' existing footprint and are expected to begin commercial service by Q1 2024, creating operational and commercial synergies.

Masdar Acquires 50% Stake in Terra‑Gen from Energy Capital Partners

October 1, 2024

Energy

Abu Dhabi Future Energy Company PJSC (Masdar) has closed the acquisition of a 50% stake in Terra‑Gen Power Holdings II, LLC from Energy Capital Partners, with Igneo Infrastructure Partners retaining the remaining 50%. The deal strengthens Masdar’s U.S. platform—Terra‑Gen operates ~3.8 GW of wind, solar and battery storage (5.1 GWh) across ~30 sites and has a 12+ GW pipeline—supporting Masdar’s U.S. expansion and broader 100 GW global target by 2030.