Expand Energy Acquires Twin Eagle Holdings, N.A., LLC

EQT Infrastructure VI to Acquire Eagle Railcar Services

April 1, 2025

Transportation

EQT announced it has entered into a definitive agreement to acquire Eagle Railcar Services, a North America-based provider of regulatorily mandated railcar repair and maintenance services. The deal is expected to close in Q2 2025 and EQT plans to partner with Eagle’s management to support growth, operational excellence, automation/digitization, and geographic expansion.

Northwest Natural Holding Company to Acquire SiEnergy Operating, LLC

January 8, 2025

Utilities

Northwest Natural Holding Company (NYSE: NWN) entered into an agreement to acquire SiEnergy Operating, LLC from SiEnergy Capital Partners, LLC for $273 million in cash plus the assumption of $152 million of debt. Ridgewood Infrastructure announced the successful sale of its 80% interest in SiEnergy to Northwest Natural.

Chesapeake Energy to Merge With Southwestern Energy in $7.4B Deal (Expand Energy)

September 26, 2024

Energy

Chesapeake Energy Corporation and Southwestern Energy Company have agreed to merge in an all-stock transaction valued at about $7.4 billion. The combined company will be rebranded as Expand Energy, headquartered in Oklahoma City, and is expected to close in the first week of October (following HSR expiration) per Source 1.

EIS Holdings Acquires Eagle Environmental Consulting

October 27, 2022

Environmental Services

EIS Holdings, LLC acquired Eagle Environmental Consulting, Inc., a Wheat Ridge, Colorado-based environmental consulting firm, expanding EIS’ remediation and environmental services footprint into the Northwest (Colorado and New Mexico). The deal is EIS’ second strategic acquisition in 2022 as the company continues building a national environmental remediation and infrastructure platform.

Enbridge Acquires Tri Global Energy

September 29, 2022

Renewable Energy

Enbridge Inc. acquired U.S. renewable project developer Tri Global Energy for US$270 million in cash plus assumed debt, with up to ~US$50 million in contingent payments. The purchase brings TGE’s ~7 GW wind and solar development portfolio and its development team into Enbridge’s renewables platform to accelerate North American growth in wind and solar.

Badlands Tank Lines Acquires Twin Eagle Transport

August 30, 2019

Trucking & Fleet

Badlands Tank Lines acquired Twin Eagle Transport, a division of Twin Eagle Midstream Assets, to create a larger crude oil transportation platform with expanded scale and reach. Bridgepoint Investment Banking acted as sole buy‑side M&A advisor and financing arranger on the transaction, which positions Badlands among the larger carriers with a combined fleet of over 170 trucks across major U.S. oil basins.