Tuesday, March 3, 2026
Private equity pours $1.45 billion into UK renewable energy- oil and gas 360

Private equity pours $1.45 billion into UK renewable energy

(Oil Price) – UK energy company Low Carbon has raised as much as $1.45 billion (£1.1 billion) from CVC Capital Partners and other investors as private equity firms are increasingly backing renewables operations. CVC Capital Partners and Low Carbon’s existing shareholder Massachusetts Mutual Life Insurance Company participated in the funding, which will see CVC Capital Partners become the majority owner of

Buyout Debt Threatens Apollo’s Big Shale Bet

From The Wall Street Journal Apollo Global Management APO -0.73% LLC and a group of other big investors had black gold in mind when they acquired oil-and-natural-gas producer EP Energy Corp. in a leveraged buyout seven years ago. Instead, the debt-fueled deal has delivered black eyes. Last month, EP warned in a securities filing that its ability to remain a going concern is in

Double Eagle III’s Wingspan Covers $1 Billion

Double Eagle Energy Holdings III announced that inclusive of a recent capital raise, the company has secured equity commitments of more than $1 billion. The equity commitments are anchored through funds managed by affiliates of Apollo Global Management, LLC (ticker: APO). Double Eagle’s equity commitments will support the company’s ongoing acquisition and development initiatives in the Permian Basin and will

Northwoods Energy Receives $850 Million Commitment for PRB Play

Northwoods is buyer of SM Energy’s PRB acreage; Apollo commits up to $850 million of funding Northwoods Energy LLC, a portfolio company of certain funds managed by affiliates of Apollo Global Management, LLC (ticker: APO), has plans to acquire SM Energy’s core Powder River Basin assets (read more below). The acquisition is comprised of over 112,200 predominantly contiguous net acres