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Double Eagle Energy Holdings V & Tumbleweed Royalty V Formed With $2.5 Billion of Equity Committed
NGP Backs Wing Resources VIII with $100MM in Equity Commitments
Dandelion Energy and Lennar Announce Residential Geothermal Deployment
Frontier and Hafslund Celsio Pave the Way for First Waste-to-Energy Carbon Removal Retrofit
Dynamic Renewables, BC Organics, and National Organics Combine to Form Sagepoint Energy
TotalEnergies Closes Three International Acquisitions of Renewable Portfolios
MUFG and Nomura Announce $388M Financing for Greenalia's Texas Solar Park
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Backed by EnCap Investments, Double Eagle V and Tumbleweed V will focus on upstream and royalty investments in the Permian Basin.
Led by co-CEOs John Sellers and Cody Campbell, the team aims to replicate prior success with enhanced scale and financial flexibility.
EnCap cited the team’s operational track record and basin knowledge as key drivers behind the $2.5B commitment.
Wing Resources VIII, backed by NGP Royalty Partners III, will target mineral and royalty acquisitions in the Permian Basin.
The new platform builds on Wing's existing 3,000+ horizontal well portfolio across the Midland and Delaware Basins.
Founded in 2016, Wing Resources exclusively targets Permian assets, while NGP has deployed over $24B into energy and natural resources.
Dandelion will install geothermal heat pumps in over 1,500 new Lennar homes in Colorado over the next two years.
Homeowners are projected to save $30M on energy costs over 20 years.
The systems will reduce emissions, increase resilience, and qualify for state incentives and utility programs.
The project supports Colorado’s Clean Heat Plan and net-zero goals by 2050.
Dandelion has installed thousands of systems since 2017; Lennar is one of the largest U.S. homebuilders.
Frontier buyers committed $31.6M to remove 100,000 tons of CO₂ between 2029–2030.
The retrofit of Oslo’s waste-to-energy plant will capture both fossil and biogenic CO₂.
The facility expects to capture 350,000 tons/year, storing CO₂ via Northern Lights.
Retrofitting existing infrastructure could unlock 400M tons/year of CO₂ removals in Europe by 2050.
Microsoft will buy 12,000 tonnes of CO₂ removals from Terradot between 2026–2029.
The deal supports R&D at a commercial Enhanced Rock Weathering site in Brazil.
Terradot has spread 50,000+ tonnes of rock and plans to issue its first credits in 2025.
The partnership builds on Terradot’s $54M Series A and earlier deals with Google and Frontier.
The $100M investment will support the Beaver Lake Renewable Energy project in Louisiana and C2X’s broader global portfolio.
The Louisiana plant will produce 500,000+ tonnes/year of green methanol and sequester 1M tonnes of CO₂.
C2X aims to begin construction in 2026, using SunGas technology and partnering with Maersk for offtake.
The funds will also support projects in Spain, Egypt, and other U.S. regions.
Sagepoint Energy launched as a new waste-to-energy platform combining Dynamic Renewables, BC Organics, and National Organics.
Focus areas include RNG from dairy waste, organic waste transport, and clean water/dried fiber co-products.
Headquartered in Carmel, Indiana, and led by Aaron Johnson, former CEO of Kinetrex Energy.
Backed by Ares Management (majority) and NorthWestern Energy (minority), with over 70 employees nationwide.
Aims to build integrated waste management and renewable energy solutions across the U.S.
TotalEnergies finalized acquisitions in Germany (VSB Group), Uganda (SN Power), and Canada (solar/wind projects via RES).
The company now has 500 MW installed/under construction in Europe, 255 MW in Uganda, and 180 MW in Canada.
Uganda portfolio includes 560 MW of hydropower projects; Canada pipeline exceeds 600 MW.
These deals support TotalEnergies’ target of 35 GW gross renewable capacity by 2025 and over 100 TWh of net electricity production by 2030.
The acquisitions align renewables with TotalEnergies' broader net-zero strategy by 2050.
The $388M package will fund Greenalia’s first U.S. solar project: the 3,970-acre, 705 MW Misae II in Childress County, TX.
Includes $295M construction-to-term loan and $93M letter of credit facility.
Project to begin operations in Q3 2025, with 65% of output secured via PPAs.
MUFG and Nomura co-led the deal, calling it a key step for U.S. clean energy expansion.
Greenalia targets 1 GW operational by 2026.
WhiteWater, MPLX, Enbridge, and Targa Resources will build the 160-mile, 1.75 Bcf/d Traverse Pipeline.
The pipeline will move gas between Agua Dulce and the Katy area along the Gulf Coast.
Backed by firm contracts, the project is expected to enter service in 2027.
Blackcomb Pipeline JV owns the line: WPC 70%, Targa 17.5%, MPLX 12.5%; WhiteWater will operate.
The system connects with Whistler, Blackcomb, and Matterhorn Express pipelines to access premium markets.
BKV Appoints Dilanka Seimon as Company’s First Chief Commercial Officer
BKV named Dilanka Seimon as its first Chief Commercial Officer to lead commercial midstream, gas marketing, and new product teams.
Methane intensity improved 13% in 2024, marking a 56% reduction since 2020.
GoodPeak has secured $22M in construction debt from Pathward and BridgePeak, alongside growth equity from Current Equity Partners.
DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.
