Acerta Energy Ltd. to Acquire Astara Energy Corp. in Alberta Conventional Oil Assets Deal

Astara Capital Partners Acquires Dynatec Systems

August 15, 2026

Industrial Services

Astara Capital Partners, a middle-market private equity firm, announced the acquisition of Dynatec Systems, a Burlington, New Jersey-based provider of membrane-based industrial wastewater treatment systems and aftermarket services. Astara plans to invest in Dynatec’s DBOOOM (design-build-own-operate-maintain) and service capabilities and expand into adjacent technologies and new end markets amid rising water scarcity and tighter industrial discharge regulations.

Acerta Energy Acquires Hawthorne Energy Light Oil Assets in Alberta Cardium

April 14, 2026

Oil & Gas

Acerta Energy Ltd. acquired operated light oil and gas assets in central Alberta’s Cardium fairway from Hawthorne Energy, delivering approximately 8,300 boe/d of production. The transaction was backed by McIntyre Partners and Trafigura, and Acerta concurrently closed a US$175 million senior secured bond private placement; closing occurred on 10 April 2026 with expected post-closing regulatory approvals.

Aurora Energy Research Acquires EDC Associates Ltd. to Expand Alberta Power Market Capabilities

March 16, 2026

IT Services

Aurora Energy Research announced it is acquiring EDC Associates Ltd., an Alberta-focused energy market consultancy. The deal is intended to expand Aurora’s local expertise and market coverage for the Alberta electricity market, including its transition to the Restructured Energy Market (REM) in 2027.

Masdar Acquires 70% of TERNA ENERGY

November 28, 2024

Renewable Energy

Abu Dhabi Future Energy Company PJSC (Masdar) has completed the acquisition of 70% of the outstanding shares of TERNA ENERGY SA from GEK TERNA SA and other shareholders at €20 per share, valuing TERNA ENERGY at an enterprise value of €3.2 billion. Masdar will seek regulatory approval to launch an all-cash mandatory tender offer for the remaining shares and plans to scale TERNA ENERGY's renewable capacity to 6 GW by 2029 as part of a broader push to expand its European platform.

Arsenal Capital Partners Invests $449M in Certara

December 8, 2022

Biotechnology

Arsenal Capital Partners closed a previously announced $449 million stock purchase in Certara, acquiring shares from funds controlled by EQT Private Equity and becoming a long-term minority investor. As part of the transaction Arsenal appointed Operating Partner David Spaight to Certara's board while Stephen McLean remains a director; Arsenal agreed to a two-year lock-up on the newly purchased shares.

Astra Energy Inc. to Acquire Regreen Technologies Inc.

August 11, 2022

Renewable Energy

Astra Energy Inc. entered into definitive agreements to acquire Regreen Technologies Inc., a California-based developer of a "Total Waste to Energy" system founded by Albert Mardikian. Astra will deploy the technology globally via its wholly owned subsidiary Astra Energy California Inc., with a pilot project planned in California and the stated goal of creating material recovery facilities with up to 95% landfill diversion.