scout energy acquisition

Please remember that it is our policy to not discuss any other owners interest even if they are a family member for security purposes. Scout was acquired by Quinbrook at the start-up stage in 2017 and has quickly established a reputation for expertise in taking utility-scale wind, solar and energy storage projects through the full development cycle, from greenfield through interconnection, permitting, commercialization, construction and operations. Attention: Owner Relations We all win. Scout focuses on directly operating mature producing assets with a strong cash flow profile, identifiable operations and production improvement potential and shallow, predictable declines. The interest may be suspended pending receipt of appropriate transfer documents. Scout Clean Energy LLC Fax: 214-292-9558 These documents must be recorded in the county and state where the interest resides and mailed to: Scout hosts a remarkable collective of professionals, and we are proud of all that we have accomplished together. Both regions are located outside of what the company considers core operating areas, which include the Anadarko, Permian and Montney shale basins. Ovintiv Inc. agreed on July 6 to sell portions of its assets located in the Bakken and Uinta basins for total proceeds of roughly $250 million, which will be used to accelerate doubling of shareholder returns. View Scout Clean Energy (www.scoutcleanenergy.com) location in Colorado, United States , revenue, industry and description. Email: ownerrelations@scoutep.com Define Scout (OK) Acquisition Documents. In some states Ad-valorem tax deductions may have been applied. Brookfield Renewable also announces today the closing of its acquisition of Standard Solar for consideration of $540 million with the potential to invest an additional $160 million to support the business growth initiatives ($140 million in total net to BEP). To connect with Scout Energy Partners employee register on SignalHire. Offering innovative, institutional-caliber investment expertise and solutions for the individual investor. The assets include about 3,000 gross vertical wells. Letters of Credit issued under the Facility will be used to support the development . Dallas, TX 75240, Provide a copy of the Trust Agreement or Memorandum of Trust in addition to a conveyance document from the current owner of record into the Trust. Its portfolio consists of hydroelectric, wind, solar and storage facilities inNorth America,South America,EuropeandAsia, and totals approximately 24,000 MW of installed capacity and an approximately 100,000 MW development pipeline. Scout Clean Energy acquires utility-scale solar project in Illinois The acquisition of the $400m Blue Sky Project follows closely on the heels of Scout's announced purchase of a 112 MW solar project in Missouri. Scout will continue under the Scout Clean Energy brand name as an independent power producer (IPP). Scout has 20 projects under management comprising 1,235 MW, and over 20 GW of projects under development. 13800 Montfort Dr. #100 Overview. Chad Thompson Scout is a renewable energy developer and asset management company headquartered in Boulder, Colorado. Firstly, the acquisition includes development plans and a call for installation. Bank of America and KeyBanc Capital Markets acted as Quinbrook and Scout's exclusive financial advisors and Skadden, Arps, Slate, Meagher & Flom LLP served as legal counsel to Quinbrook. Scout Clean Energy General Information. Standard Solar has approximately 500 MW of operating and under construction contracted assets and a robust development pipeline of almost 2,000 MW and a strong team to execute on significant growth opportunities across several high value solar markets in the U.S., such as New York, Maryland, Minnesota and Maine. Scout is a private energy producer focused on the acquisition and operation of upstream energy assets and associated midstream infrastructure. Investors can access its portfolio either throughBrookfield Renewable Partners L.P.(NYSE: BEP; TSX: BEP.UN), orBrookfield Renewable Corporation(NYSE, TSX: BEPC), a Canadian corporation. Scouts operating projects have generated an estimated 8.5 TWh of carbon-free power to date, avoiding an estimated 6 million tCO2e of carbon emissions based on average grid intensities. Clip, share and download with the leading wind power engineering magazine today. The company specializes in leasing, permitting, power marketing, finance, asset management and construction of renewable wind, solar energy and storage projects, enabling clients to provide affordable and clean energy, along with building and . Scout has expertise in all aspects of renewables project development, permitting, power marketing, finance, construction, 24/7 operations, and asset management. Quinbrook is led and managed by a senior team of power industry professionals who have collectively invested c.USD 8.2 billion equity in energy infrastructure assets since the early 1990s, representing a total enterprise value of c.USD 28.7 billion or 19.5 GW of power supply capacity. As of April, the combined volumes from the assets being sold totaled approximately 5,000 boe/d, including 4,900 bbl/d of oil and condensate, according to the company release. To date, the firm has grown to over $2 billion in acquisitions and produces over 110,000 boepd across 4+ million acres from 660+ mmboe of reserves. A family member could also have additional interests in other properties. 13800 Montfort Dr. #100 As properties age, there is a normal trend for production to decline. Find related and similar companies as well as employees by title and much more. Scout is a private investment firm, acquiring and operating mid-sized upstream conventional oil and gas properties for. Please mail all documents and forms to the following address: Recognized as an established financial partner with immediate, deep resources, the company owns approximately 500 MW of operating and under construction contracted assets across the United States. Standard Solar is an owner and operator of commercial and community distributed solar, with end-to-end development capabilities and a strong track record of delivering high-quality assets. Total proceeds received are subject to customary closing adjustments. Doing Business As: Scout Energy Partners Company Description: ? Scout Clean Energy, a Colorado-based renewable energy developer, owner, and operator of solar energy assets announced that it acquired the 369-megawatts Blue Sky Solar project in Grundy County, Illinois. 13800 Montfort Drive, Suite 100, Dallas, TX(972) 277-1373 Website. Its portfolio consists of hydroelectric, wind, solar and storage facilities inNorth America,South America,EuropeandAsia, and totals approximately 24,000 MW of installed capacity and an approximately 100,000 MW development pipeline. Our team brings decades of renewable wind, solar energy, and storage experience, specializing in leasing, permitting, interconnection, power marketing, finance, asset management and construction. Website: www.scoutep.com Let us know if there is a change of address. Mergers & Acquisitions Debt Capital Markets Institutional Equities Checking Savings & CDs Derivatives Financing Asset-Based Lending Key Equipment Finance Loans & Lines of Credit Specialty Finance Lending Employee Stock Ownership Plans Payment and Transaction Services Payables Receivables Card Services Key Merchant Services Foreign Exchange Learn more at standardsolar.com, LinkedIn and Twitter: @StandardSolar. 13800 Montfort Dr. #100 Periodically Scout may acquire non-operated assets managed by an independent operator, but Scouts core focuses is on the acquisition and exploitation of operated upstream assets and associated midstream infrastructure that generate more conservative, predictable outcomes. Dallas, TX 75240. Combined with our existing fleet we are well positioned for continued growth as owners and operators of one of the largest diversified clean power businesses in the country.. Mail: Scout Energy Attention: Owner Relations Scout Clean Energy is a renewable energy developer and owner-operator headquartered in Boulder, Colorado with approximately 1,200 MW of operating wind assets, including 400 MW managed on behalf of third parties, and a pipeline of over 22,000 MW of wind, solar and storage projects across 24 states, including almost 2,500 MW of under construction and advanced-stage projects. Connor Teskey, CEO of Brookfield Renewable, said, at the signing of the PSA, We are thrilled to be putting more dollars to work in our U.S. renewables business. Mail: Scout Energy Scout Clean Energy is a renewable energy developer and owner-operator headquartered in Boulder, Colorado with over 1,200 MW of operating assets. means (a) that certain Purchase and Sale Agreement, dated February 15, 2019, by and between the Borrower, as Buyer, and Scout Energy Group IV, LP, Scout Energy Partners IV-A, LP, Scout Energy Group I, LP, and Scout Energy Partners I-A, LP, as Sellers (as amended or otherwise modified prior to the Amendment No. Cautionary Statement Regarding Forward-looking Statements. Brookfield Renewable is the flagship listed renewable power company of Brookfield Asset Management, a leading global alternative asset manager with approximately$750 billionof assets under management. BCE-Mach III . Fax: 214-292-9558 Standard Solar is based in Rockville, Maryland. Quinbrook acquired Scout as a start-up in 2017 for an initial investment of just US$6 million. Reach out! Contacts Quinbrook Media Contact: Jennifer Pflieger +1 (212). Quinbrook Infrastructure Partners (http://www.quinbrook.com) is a specialist investment manager focused exclusively on renewables, storage and grid support infrastructure needed to drive the energy transition in the US, UK, and Australia. We have exceeded our plans for investor value creation by sponsoring Scout from its infancy, and now is the right time for us to hand the business on for its next growth chapter. In certain states there is a tax allowance for wells that have a high cost for drilling and producing. The 1,120 active operated producers . Today the Scout team has over 830 headquarters and field staff, 2023 Scout Energy Partners - A PRIVATE ENERGY PRODUCER. If your address is not correct, your check will not be forwarded by the U.S. High-quality jobs, payments and tax revenue, energy independence, local manufacturing not to mention a healthier planet. Assist General Counsel and VP of Acquisitions in the negotiation . Brookfield Renewable is the flagship listed renewable power company of Brookfield Asset Management, a leading global alternative asset manager with approximately$750 billionof assets under management. Scout is a portfolio company of Quinbrook Infrastructure Partners. We underwrote both transactions without the benefit of the Inflation Reduction Act so the additional incentives now available represent a significant boost to each business. The assets are located among prolific legacy fields including the Claytonville, Panhandle Oil & Gas, Slaughter, and Snyder Fields. These adjustments become necessary for various reasons such as: we were originally provided incorrect production figures (volumes) or pricing from the transporter or gatherer of production and need to correct that information, production may be allocated incorrectly and must be corrected, or a tax rate may have changed. 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