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Category: Oil and Energy

Vortus backs energy player Alchemist to help upstream oil, gas companies ride out market instability

Energy-focused private equity house Vortus Investment Advisors has partnered up with Alchemist Energy to help upstream oil and gas players wait out market volatility.

TPG’s Rise Fund launches energy platform Matrix Renewables

The platform has acquired roughly one gigawatt of solar photovoltaic projects from China’s Trina Solar

Cirque du Soleil Gets Stalking Horse

In response to the disruption and forced show closures as a result of the COVID-19 pandemic, Cirque du Soleil Entertainment Group has filed for protection from creditors in Canada – under the Companies’ Creditors Arrangement

HV Holtzbrinck leads €60m round for SolarisBank

HV Holtzbrinck Ventures has led a €60m round for Germany-based banking startup SolarisBank.

Klar Partners acquires Empower IM Oy

Klar Partners has completed its first deal, acquiring Finland-based smart energy company Empower IM in a carve-out from its parent company Empower.

Altor acquires 30% stake in renewable energy company OX2

Swedish PE firm Altor has acquired a 30% stake in Stockholm-based renewable energy company OX2.

o9 Solutions Announces Investment from KKR

Accelerates growth of o9’s next-generation platform for integrated business planning across industry verticals and global markets o9 is powering the digital transformation of planning and operations for leading companies in Retail, Consumer Goods, Apparel, Consumer

KKR to Acquire 317MWp of Solar Energy Assets from Shapoorji Pallonji Infra

Investment in five assets to accelerate the provision of renewable energy solutions to Indian communities MUMBAI, ‎India--(BUSINESS WIRE)-- Global investment firm KKR and leading infrastructure developer Shapoorji Pallonji Infrastructure Capital (“SP Infra”) today announced the

Financial risk management business CubeLogic gets Growth Capital Partners backing

Financial market, energy and commodities enterprise risk management business CubeLogic has picked up a minority investment from Growth Capital Partners.

Falfurrias Exits American Safety Council

Falfurrias Capital Partners has sold its portfolio company, American Safety Council, to Ridgemont Equity Partners. Falfurrias acquired ASC in May 2014. American Safety Council (ASC) is a provider of online training, education, and certification services

Resolute Capital Partners invests in fellow private equity house Finance Technology Leverage

Resolute Capital Partners has invested in fellow private equity house Finance Technology Leverage to help it back innovators in the energy, life sciences, industrial technology, and aerospace sectors.

GIP, Brookfield invest $10bn in Abu Dhabi gas infrastructure

Consortium to take 49% stake in company with lease rights to pipelines across UAE

CoolSys Closes Fifth Add-On

Source Refrigeration Holdings (DBA CoolSys), a portfolio company of Ares Management and the parent company of refrigeration and HVAC companies nationwide, has acquired Eastern Refrigeration. Ares Management acquired CoolSys from Audax Private Equity in March

Amazon to launch $2bn venture capital fund to invest in clean energy

Tech giant plans to invest in transportation, energy, food and other industries

PGGM, Glennmont launch Italian asset management services business GEMS

Glennmont Partners and the PGGM Infrastructure Fund have launched Green Energy Management Services to manage their portfolio of Italian renewable energy assets and provide asset management services to third party clients.

Renewable energy sales software, advisory business Pexapark gets Series B backing

Pexapark, a specialist in software and advisory services for renewable energy sales, has picked up a €6m Series B round.

Snow Phipps Closes Third Label Add-On

Brook & Whittle, a label making portfolio company of Snow Phipps, has acquired Label Impressions. Snow Phipps acquired Brook & Whittle in October 2017 from RFE Investment Partners and Charter Oak Equity. Label Impressions is

Nemir Kirdar, Middle East Financier With Foot in the West, Dies at 83

The private equity firm he founded, Investcorp, tapped into Persian Gulf oil money and once purchased Tiffany and Co., Gucci and other Western brands.

Peak Rock Adds Second Scoop to Turkey Hill

Turkey Hill, a portfolio company of Peak Rock Capital, has acquired an ice cream production facility from Yarnell Ice Cream, a subsidiary of Schulze & Burch Biscuit Company. Turkey Hill produces iced teas, fruit drinks,

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