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700,000 bbl storageStrategic acquisitionEnergy & UtilitiesCompleted

HydroEdge takes majority stake in RES Water to build Appalachian water platform

HydroEdge Solutions said newly formed parent WET Tech has acquired Reserved Environmental Services and affiliates, combining the two into one of the largest independent water management platforms serving the Marcellus and Utica shales. The combined company runs five Pennsylvania treatment, recycling and storage facilities with roughly 700,000 barrels of storage and up to 116,000 barrels per day of processing capacity, backed by about 350 employees.

Why it matters: Energy-services consolidation is following the E&P playbook in Appalachia, where scale increasingly wins producer contracts.

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More Energy & Utilities deals

$4.4BStrategic acquisitionEnergy & UtilitiesCompletedOct 7, 2026

ONEOK closes $4.4B purchase of Brazos Midstream's Midland Basin assets

ONEOK completed its acquisition of Brazos Midstream's Permian Midland Basin natural gas gathering and processing assets for about $4.425 billion in cash. The deal more than doubles ONEOK's Midland processing capacity to roughly 2.3 billion cubic feet per day and adds about 600,000 dedicated acres under long-term fixed-fee contracts.

Read at GlobeNewswireFree
~$14.3B for CUMergerEnergy & UtilitiesOct 6, 2026

Emera and Canadian Utilities agree to merger of equals, with ATCO spinoff

Emera, ATCO and Canadian Utilities announced a definitive agreement to combine Emera and Canadian Utilities in a merger of equals, creating a Canadian utility and energy infrastructure group spanning Alberta, Atlantic Canada and Florida. Reports describe an all-share structure, with ATCO spinning off its industrial services unit. Reported deal figures vary widely by measure, from roughly $14.3 billion for Canadian Utilities to far larger combined-enterprise numbers.

Read at Business WireFree