Northwest Natural Holding Company to Acquire SiEnergy Operating, LLC

SiEnergy to Acquire EPCOR's Hughes Gas Resources in Texas for $60 Million

May 5, 2025

Energy

SiEnergy Operating, a wholly owned subsidiary of Northwest Natural Holding Company, has agreed to acquire 100% of Hughes Gas Resources, Inc. (EPCOR Texas Gas) from EPCOR USA for $60 million. The deal is expected to close in the second quarter of 2025 as SiEnergy expands its natural gas utility presence in the Houston metro area.

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.

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.

Talos Energy Acquires QuarterNorth Energy for $1.29 Billion

March 4, 2024

Energy

Talos Energy executed definitive agreements to acquire QuarterNorth Energy for $1.29 billion, consisting of Talos common stock and approximately $965 million in cash. The deal was expected to close by end of Q1 2024 subject to customary approvals, and Talos later announced the acquisition was completed on March 4, 2024.

Family Office-Led Consortium Acquires PureWest Energy

May 31, 2023

Oil & Gas

PureWest Energy, a Rocky Mountain independent natural gas producer, completed an all-cash merger with a private consortium of family offices and financial institutions (the "PW Consortium") for $1.84 billion. The company will remain branded PureWest with its existing management and employees in place; the transaction included a $200 million asset-backed notes offering and a divestiture of producing wellbores to vehicles managed by Wincoram Asset Management.

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.