Ingevity Acquires Assets of Adsorbed Natural Gas Products (ANGP)

Ingevity Acquires Ozark Materials and Ozark Logistics

October 3, 2022

Industrial Services

Ingevity Corporation has reached an agreement to acquire privately owned Ozark Materials, LLC and Ozark Logistics, LLC in an all-cash transaction valued at $325 million. The acquisition expands Ingevity’s position in paving construction and adds a downstream pavement marking materials business expected to be immediately accretive to earnings.

Ingevity Invests $60M in Nexeon to Support Silicon Anode Commercialization

August 2, 2022

Manufacturing

Ingevity Corporation has invested $60 million to acquire an equity stake in UK-based Nexeon Limited, a developer of silicon-based anode materials for lithium-ion batteries. The strategic investment supports commercialization and manufacturing scale-up of Nexeon's NSP-2 silicon anode technology and establishes a joint development and long-term activated carbon supply relationship between the companies.

Catalyst Power Acquires AP Gas & Electric (NY) LLC

December 15, 2021

Energy

Catalyst Power Holdings LLC acquired AP Gas & Electric (NY) LLC, expanding Catalyst Power's retail energy footprint across New York State and enabling the addition of natural gas, community solar, and Connected Microgrid offerings to AP G&E NY's middle-market commercial and industrial customers. The acquisition is backed by BP Energy Partners, the private equity sponsor of Catalyst Power, and represents an add-on to Catalyst Power's platform to accelerate deployment of lower-carbon energy solutions.

Southwestern Energy Acquires Indigo Natural Resources for ~$2.7B

September 1, 2021

Energy

Southwestern Energy Company agreed to acquire Haynesville-focused Indigo Natural Resources, LLC for approximately $2.7 billion in a transaction comprised of cash, stock and assumed debt. The acquisition adds high-margin dry gas assets and inventory in the Haynesville play, expands Southwestern's access to Gulf Coast LNG markets and accelerates free cash flow and deleveraging targets.

PGNiG Acquires INEOS E&P Norge Assets for $615M

January 1, 2021

Oil & Gas

Polskie Górnictwo Naftowe i Gazownictwo (PGNiG), via its Norwegian unit PGNiG Upstream Norway AS, agreed to acquire all assets of INEOS E&P Norge AS from INEOS for USD 615 million. The assets comprise predominantly gas-producing fields, exploration licences on the Norwegian continental shelf and an 8.2% interest in the Nyhamna gas terminal — a strategic move to boost PGNiG's Norwegian gas output and diversify Poland's gas imports.

Gas South Acquires Infinite Energy

October 20, 2020

Energy

Gas South agreed to acquire Florida-based Infinite Energy, acquiring its wholesale and retail natural gas business and customer list (the companies said the deal would close by end of 2020 subject to regulatory approvals). The transaction will more than double Gas South's annual revenue to about $1 billion and expand its customer base across the Southeast; Infinite Energy's Texas retail electricity business is excluded from the sale.