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Acquisitions

These Geismar properties just sold for a combined $10M

A global investment firm has acquired a pair of Univar Solutions properties in Geismar. New York-based Fortress Investment Group purchased properties through FNLR Compounds Matter...

New Orleans City Council backs Entergy sale of gas service to private equity firm

The New Orleans City Council recently voted to approve the sale of Entergy’s local gas utility to Delta Utilities, a newly formed company backed...

Investment firm pays $43.8 million for Epic property in Livingston Parish

A global investment firm has acquired the Epic pipe fabrication and distribution facility property in Livingston Parish. New York-based Fortress Investment Group purchased the 70-acre property through...

PSC approves sale of CenterPoint Energy assets to Bernhard Capital Partners subsidiary

Last week, the Louisiana Public Service Commission unanimously approved the sale of CenterPoint Energy’s two natural gas utility assets in Louisiana to Bernhard Capital...

Who bought this Prairieville industrial property near I-10 for $1.1M?

A 13,500-square-foot industrial building was sold in Prairieville to continue as an industrial wholesale location for rigging products. Greg Denova purchased the property through American...

Woodside completes acquisition of Tellurian, renames Calcasieu site

Woodside has completed the acquisition of Tellurian Inc. and its U.S. Gulf Coast Driftwood LNG development opportunity, reports LNG Industry. Woodside has acquired all...

PPG to sell Lake Charles manufacturing facility to Quemetica

PPG reached an agreement with chemical maker Qemetica to sell its silica products business for approximately $310 million, according to an Aug. 29 press release. The...

ONEOK purchase of EnLink, Medallion leads way for more pipeline deals

America’s oil and gas output keeps surging to records, forcing producers to seek additional capacity to move their fuels to market, reports World Pipelines. While...

Bernhard Capital Partners acquiring New Mexico Gas Company for $1.25B

Emera Inc., an international energy holding company headquartered in Canada, has entered into an agreement to sell its wholly owned subsidiary New Mexico Gas Company...

Oil and gas mergers show no signs of slowing

Oil and gas mergers and acquisitions remained popular in the United States in the second quarter, topping $30 billion with a few big dollar...

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