Every deal we've covered

Kentucky American Water completed its $1.4 million purchase of the Black Mountain Utility District water and wastewater system in Harlan County.

Matador Resources closed its purchase of about 13,600 net acres from EnCap-backed Ridge Runner Resources II.

Virginia Lt. Gov. Ghazala Hashmi came out against NextEra Energy's all-stock acquisition of Dominion Energy as state regulators began local public hearings. She cited risks from NextEra's many riskier project entities; NextEra said it respectfully disagrees and that Dominion Energy Virginia would remain fully regulated.

DTI will acquire Aberdeen-based Saltire Energy and Foxley Energy for about $80M in cash plus 17.4M DTI shares, closing in Q1 2027.

Pacolet Milliken acquired two Georgia biomass plants with 116 MW of capacity, roughly tripling its biomass platform; terms undisclosed.

Monomoy Capital recapitalized oilfield chemicals provider Creedence Energy Services, marking Tower Arch Capital's exit.

Energy Transfer LP signed a definitive agreement on October 6 to acquire Vaquero Midstream LLC in a deal valued at $2.625 billion. Vaquero owns natural gas pipeline infrastructure in Texas.

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.

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.

Energy trader Centalion Group acquired upstream and midstream natural gas assets in Texas and Louisiana producing more than 300 MMcfd from Silver Hill Energy Partners; terms were not disclosed.

A hearing examiner told Dominion Energy to produce an internal memo on an FPL investigation sought by Clean Virginia, which argues it speaks to the governance fitness of the proposed Dominion–NextEra combination.

Energy Transfer LP agreed to acquire Vaquero Midstream LLC in a bolt-on transaction valued at approximately $2.625 billion. Consideration comprises $1.95 billion in cash plus roughly 33.3 million newly issued Energy Transfer common units, with closing expected in the fourth quarter.

Cenovus Energy has signed a definitive arrangement agreement to acquire Athabasca Oil Corporation at $12.00 per share in cash and stock, implying an enterprise value of $5.7 billion and equity value of roughly $5.8 billion. Shareholders can elect cash or 0.264 Cenovus shares, subject to pro-ration capped at $4.3 billion cash and 44.4 million Cenovus shares. The price is a 14% premium to Athabasca's 20-day VWAP, with closing expected in December 2026.

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.

H2O America's regulated Texas Water Company closed the purchase of all assets of Houston-area utility Quadvest, more than doubling its Texas water and wastewater connections.

Electric Power Group acquired synchrophasor data management and power quality specialist Grid Protection Alliance, which will operate as a wholly owned subsidiary.

Hypercharge Networks closed its purchase of 100% of REVS Charging LLC, issuing 18 million common shares subject to a six-month lockup after TSX Venture Exchange acceptance.

enCore Energy distributed 35 million Verdera Energy shares to its shareholders of record, giving them direct exposure to Verdera's New Mexico ISR uranium assets.

CenterPoint Energy completed the $2.62 billion sale of Vectren Energy Delivery of Ohio to National Fuel Gas, which will rename the business National Fuel Gas Distribution of Ohio. The assets include about 5,900 miles of pipeline serving roughly 335,000 customers in West Central Ohio. The deal doubles National Fuel's utility rate base and lifts its customer count to about 1.1 million.

ArcLight Capital Partners completed the purchase of a 50% stake in IATP, an 11-asset, 5.4 GW North American dispatchable generation portfolio, with Invenergy retaining the other half and operational control.