Quinbrook is led and managed by a senior team of power industry professionals who have collectively invested c.USD 8.2 billion equity in energy infrastructure assets since the early 1990s, representing a total enterprise value of c.USD 28.7 billion or 19.5 GW of power supply capacity. Learn more at standardsolar.com, LinkedIn and Twitter: @StandardSolar. Please see the below for a list of commonly asked questions along with the complete list of wells acquired by Urban. As of April, the combined volumes from the assets being sold totaled approximately 5,000 boe/d, including 4,900 bbl/d of oil and condensate, according to the company release. Scout Energy is a private energy investment firm that acquires, operates and improves upstream conventional oil and gas properties for institutional investors. Its portfolio consists of hydroelectric, wind, solar and storage facilities inNorth America,South America,EuropeandAsia, and totals approximately 24,000 MW of installed capacity and an approximately 100,000 MW development pipeline. Standard Solar is based in Rockville, Maryland. The Bakken assets being sold include approximately 88 wells, located mainly in Richland County, Montana, approximately 30 miles from Ovintivs primary Bakken position. Fees & Compensation. The accelerated growth Scout has experienced is a direct result of Quinbrooks support and confidence in our business model. Your account must accumulate a minimum balance of $50.00 in order for a check to be issued. Scout Investments Inc. raised its stake in shares of Chesapeake Energy by 79.1% in the second quarter. Combined with our existing fleet we are well positioned for continued growth as owners and operators of one of the largest diversified clean power businesses in the country.. In 2021, U.S. renewable energy production reached an all-time high. PDP reserves are 14.1 million boe and $75.2 million PV-10. Attention: Owner Relations For more information, please -visit www.scoutcleanenergy.com. In 2014, the company raised $303m through two vehicles called II-A and II-B, and $200m through I-A and I-B vehicles, The bankruptcy sale of Calgary-based Parallel Energy Trust to Scout Energy Partners closed for the $110 million offered by the Dallas private investment firm in a stalking horse bid last November. Boulder, CO (December 16, 2022) -- Scout Clean Energy (Scout), a national utility-scale renewable energy developer-owner-operator, announced today that Brookfield Renewable (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC), together with its institutional partners have finalized a Purchase and Sale Agreement (PSA) with Quinbrook Infrastructure Partners assuming full control of Scout and all its assets for $1 billion dollars with the potential to invest in the near term an additional $350 million to support the business development activities ($270 million in total net to BEP). / / Lifetime output: 46398.6MWh Power 27,632T CO2 saved Scout's portfolio includes over 1,200 MW of operating wind assets, including 400 MW managed on behalf of third parties, and a pipeline of over 22,000 MW of wind, solar and storage projects across. 2 min read. The Scout and Standard Solar acquisitions follow a string of recent clean energy investments by Brookfield Renewable in North America during 2022, including: Taken together, the Brookfield Global Transition Fund has invested or allocated $3.5 billion for clean energy investments and follow-on capital in North America in 2022. We look forward to entering 2023 sponsored by an industry-leading partner that will help Scout continue to grow our rapidly expanding pipeline of wind, solar and battery storage projects across the United States. Brookfield Renewable also announced the closing of its acquisition of Standard Solar for consideration of $540 million with the potential to invest an additional $160 million to support the business growth initiatives ($140 million in total net to BEP). Company . If you feel that there is a problem with your check, please contact Owner Relations. Brookfield Renewable is the flagship listed renewable power company of Brookfield Asset Management, a leading global alternative asset manager with approximately$750 billionof assets under management. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. We have endured and overcome many challenges together, which marks this venture a resounding success on many levels. Please remember that it is our policy to not discuss any other owners interest even if they are a family member for security purposes. You will need to notify us of the owner's death and provide a death certificate. Attention: Owner Relations Scout has expertise in all aspects of renewables project development, permitting, power marketing, finance, construction, 24/7 operations, and asset management. Attention: Owner Relations Prior period adjustments will cause the total amount of your check to change. Ovintiv plans to update its 2022 production and total cost guidance to reflect the impact of the asset sales with its second quarter results. Headquartered in Boulder, Colorado, Scout today employs over 112 professionals across development, construction and operations and occupies a credible ranking amongst the leading independent renewables businesses in the US market. Scout is an owner-operator with expertise in all aspects of renewable. Jennifer Pflieger Changing market conditions will cause the price to fluctuate. It is important that you keep your address current with Scout Energy. by editor December 30, 2021. On April 19, 2021, KeyBanc Capital Markets ("KBCM") successfully closed a $50 million Senior Secured Letter of Credit Facility (the "Facility") supported by a portion of Scout Clean Energy's ("Scout") operating wind portfolio (the "Portfolio"). Please provide verification of Tax ID to be used with the Certificate of Name Change, Certificate of Merger, Dissolution of Partnership, or appropriate documentation required for changes in business name. David Scaysbrook, co-founder and Managing Partner of Quinbrook commented, Building Scout from a start-up into the significant and successful business it is today has been a five-year long commitment by the Quinbrook team working in a close partnership with Michael and Scout management. Email: ownerrelations@scoutep.com The difference could also occur due to the rounding of decimal interests, or one owner may be setup with a different minimum check threshold. The amount required by IRS to be reported on the 1099-Misc Form is the gross amount of your checks (before taxes or other deductions). Email: ownerrelations@scoutep.com Scout was acquired by Quinbrook at the start-up stage in 2017 and under Quinbrook's sponsorship, has quickly established a reputation for expertise in taking utility-scale wind, solar and energy storage projects through the full development cycle, from greenfield through interconnection, permitting, commercialization, construction and operations. As properties age, there is a normal trend for production to decline. The Well flowed 0.63 MMcf of gas . Scout Clean Energy has acquired in 1 US state. Building on 18 years of sustainable growth and in-house funding and tax equity investment capital, Standard Solar is a national leader in the development, funding and long-term ownership and operation of commercial and community solar assets. Scout is developing a MW portfolio of over 24,000 MW of wind, solar and energy storage projects across 22 U.S. states. Contact. The transactions will be invested through the Brookfield Global Transition Fund I (BGTF I), which is the largest fund in the world focused on the energy transition. Connor Teskey, CEO of Brookfield Renewable, said, at the signing of the PSA, We are thrilled to be putting more dollars to work in our U.S. renewables business. With the recent passage of the IRA, we believe now is the right time for Scout to move into our next phase of growth with a highly respected and experienced partner, like Brookfield.. Have a specific question? Scout will continue under the Scout Clean Energy brand name as an independent power producer (IPP). Meet RNCH-WTG008, our busiest wind turbine. 12 GW+ pipeline. Companies may grow organically or through acquisition. Letters of Credit issued under the Facility will be used to support the development . Owners enrolled in our Direct Deposit Program receive check detail in pdf format free of charge via a secure Internet website 24 hours a day, 7 days a week. Attention: Owner Relations Fax: 214-292-9558 Bank of America and KeyBanc Capital Markets acted as Quinbrook and Scout's exclusive financial advisors and Skadden, Arps, Slate, Meagher & Flom LLP served as legal counsel to Quinbrook. The Scout and Standard Solar acquisitions are the latest in a series of clean energy investments by Brookfield Renewable in North America during 2022, including: Urban Grid : $650 million acquisition of a solar and battery storage developer with a development pipeline of 20,000 MW of utility-scale solar and energy storage projects in the Umid . Payments may differ for several reasons: One owner could have Federal Backup Withholding taken from their check, or Non-Resident Tax Laws may create a difference. V&E served as legal advisor to Brookfield Renewable. Please provide your Owner Number(s)/Business Associate Number/Payee Number and verify the mailing address. Phone: 972-277-1397 Source: Brookfield Renewable Partners L.P. Contacts Quinbrook Media Contact: Jennifer Pflieger +1 (212). I am forever grateful that David and his specialist investment team at Quinbrook had the confidence to invest and execute on our plan to become a major vertically-integrated developer, owner and operator in US renewables.. Additional information can be found here Estate Instructions Check List. To date, the firm has grown to over $2 billion in acquisitions and produces over 110,000 barrels of oil equivalent per day (boepd) across 4 . To connect with Scout Energy Partners employee register on SignalHire. Email: ownerrelations@scoutep.com conventional oil and gas properties for institutional investors. When contacting us via phone at the number above, please have your Owner Number/Business Associate Number/Payee Number ready. Scouts portfolio includes over 1,200 MW of operating wind assets, including 400 MW managed on behalf of third parties, and a pipeline of over 22,000 MW of wind, solar and storage projects across 24 states, including almost 2,500 MW of under construction and advanced-stage projects. John Baschab Managing Director and General Partner Quinbrook has completed a diverse range of direct investments in both utility and distributed scale onshore wind and solar power, battery storage, reserve peaking capacity, biomass, fugitive methane recovery, hydro and flexible energy management solutions in the US, UK and Australia. Key Principal: JON PIOT See more contacts Industry: Oil field services, nec , Crude petroleum and natural gas production Printer Friendly View Address: 13800 Montfort Dr Ste 100 Dallas, TX, 75240-4344 United States See other locations Phone: ? In some cases apparently high growth rates may be caused by data that weren't available in previous years. Scout Clean Energy to be Acquired by Brookfield Renewables. Quinbrook Infrastructure Partners (http://www.quinbrook.com) is a specialist investment manager focused exclusively on renewables, storage and grid support infrastructure needed to drive the energy transition in the US, UK, and Australia. BOULDER, Colo., March 17, 2022 /PRNewswire/ -- Scout Clean Energy ("Scout"), a Colorado based renewable energy developer, owner, and operator, is pleased to announce the closing of a $250 million . If the document is being acquired/transferred by Guardian of a minor child/person, provide a copy of the document appointing the Guardian along with the court order authorizing the sale of the property (certain restrictions apply to minors). Scout Clean Energy to be Acquired by Brookfield Renewables, Scout Looks to Build on their Growth and Success in the Renewable Energy Space. Mail: Scout Energy Sharon Henning, Jackson County Chamber of Commerce. Boulder, CO (September 29, 2022) -- Scout Clean Energy (Scout), a national utility-scale renewable energy developer-owner-operator and wholly owned portfolio company of Quinbrook Infrastructure Partners, announced today that Brookfield Renewable (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC), together with its institutional partners has executed a Purchase and Sale Agreement (PSA) with Quinbrook to acquire Scout and all its assets for $1 billion dollars with the potential to invest in the near term an additional $350 million to support the business development activities ($270 million in total net to BEP). Scout Energy Partners V is a 2019 vintage oil and gas fund managed by Scout Energy Partners. The Scout Energy Partners annual revenue is estimated at < 1M. Its portfolio consists of hydroelectric, wind, solar and storage facilities inNorth America,South America,EuropeandAsia, and totals approximately 24,000 MW of installed capacity and an approximately 100,000 MW development pipeline. Postal Service and instead will be returned to Scout Energy resulting in your account being suspended. Brookfield To Invest Up To $2 Billion In Scout Clean Energy And Standard Solar - Standard Solar Company What We Do Partners Projects News Get Started Subscribe to our Monthly Newsletter To receive our latest company news, insights from our experts and key policy updates every month. We make every attempt to properly account for the volume and the price in accordance with your Lease Agreement and state statutes. We are thrilled to be putting more dollars to work in our U.S. renewables business. For more information, please -visit www.scoutcleanenergy.com . 2022 Scout Energy Partners - A PRIVATE ENERGY PRODUCER. Reach out! Scout Energy Partners is an upstream energy investment group. We all win. Standard Solar is an owner and operator of commercial and community distributed solar, with end-to-end development capabilities and a strong track record of delivering high-quality assets. Were looking forward to joining the Brookfield Renewable portfolio, one of the worlds largest renewable energy platforms. Over the past three years, Scout has made over 70 separate oil and gas rights acquisitions, with individual acquisition values ranging from as much as $1 million per acquisition to as low as $10,000 per . Scout targets mature, long-lived existing production primarily in conventional onshore basins throughout the United States. Quinbrook is currently developing and constructing some of the largest renewables and storage infrastructure projects ever undertaken in the US, UK and Australia. To this purpose Scout Energy brings complementary Green Energy Technologies together to provide energy solutions for the Residential, Commercial, Industrial, Institutional, Utility and Transportation sectors.. We strive to provide the most advanced and efficient Green Thermal Energy . Department of Defense operational energy is an emerging area being shaped. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media Privacy Policy | Advertising | About Us, Wind Spotlight: RAD Torque debuts its latest battery-powered torque wrench, DOI to update regulations and fast-track offshore wind development, Duke Energy puts 207-MW wind project in operation in Iowa, Basin Electric Power Cooperative signs PPA on 200-MW Engie wind project, DOE to award nearly $3 million to U.S. small-scale wind R&D. These transactions continue our track record of portfolio optimization, and this means we will double our cash returns to shareholders starting now, Ovintiv CEO Brendan McCracken commented in a company release. Dallas, TX 75240. Scouts portfolio includes over 1,200 MW of operating wind assets, including 400 MW managed on behalf of third parties, and a pipeline of over 22,000 MW of wind, solar and storage projects across 24 states, including almost 2,500 MW of under construction and advanced-stage projects. Dallas, TX 75240. Scouts pipeline has grown rapidly since 2019, in particular, and has achieved 65 percent year-on-year growth in scale over that period. Scouts portfolio includes over 1,200 MW of operating wind assets, including 400 MW managed on behalf of third parties, and a pipeline of over 22,000 MW of wind, solar and storage projects across 24 states, including almost 2,500 MW of under construction and advanced-stage projects. Total funding of the company - $288.5M. Scout is a private energy producerfocused on the acquisition and operation of upstream energy assets and associated midstream infrastructure. Fees & Compensation. Scout Petroleum is a land-based oil & gas company which is actively acquiring oil and natural gas rights in the State of Pennsylvania. Completed and mailed to: Hours: Monday Friday 8:00 am 5:00 pm Central Standard Time Scout is a renewable energy developer and asset management company headquartered in Boulder, Colorado. Both Scout and Standard Solar will continue to operate as independent businesses within the Brookfield Renewable U.S. platform. Phone: 972-277-1397 Scout is a private investment firm, acquiring and operating mid-sized upstream conventional oil and gas properties for. 75244 972-277-1397 To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. VC / Private Equity . 5775 Flatiron Parkway, Suite 120 With the sales completion, Scout. Scout will continue under the Scout Clean Energy brand name as an independent power producer (IPP). Need general information about working with Scout? Scout Clean Energy is a renewable energy developer and owner-operator headquartered in Boulder, Colorado with approximately 1,200 MW of operating wind assets, including 400 MW managed on behalf of third parties, and a pipeline of over 22,000 MW of wind, solar and storage projects across 24 states, including almost 2,500 MW of under construction and advanced-stage projects. Scout Clean Energy LLC (www.scoutcleanenergy.com) is a Boulder, Colorado based wind energy developer. Brookfield Renewable has agreed to acquire Scout Clean Energy ("Scout") for $1 billion with the potential to invest an additional $350 million to support the business' development activities. We underwrote both transactions without the benefit of the Inflation Reduction Act so the additional incentives now available represent a significant boost to each business. Scout is a portfolio company of Quinbrook Infrastructure Partners. Reach out! All signatures must be signed in the presence of and acknowledged by a Notary Public. 1099 Forms are required by law to be mailed out by January 31st. Scout is actively developing a portfolio of over . The current. The company will invest up to $2 billion in this acquisition October 03 Solar Brookfield Renewable, an owner, operator, and developer of renewable power, has agreed to acquire Scout Clean Energy, a renewable energy developer, for $1 billion with the potential to invest an additional $350 million to support the business development activities. The company specializes in leasing, permitting, power marketing, finance, asset management and construction of renewable wind, solar energy and storage projects, enabling clients to provide affordable and clean energy, along with building and . Scout is a software program for estimating the national energy and CO 2 impacts of building energy efficiency measures* Read more . We believe now is the right time for Scout to move into our next phase of growth with a highly respected and experienced partner, like Brookfield.. (303) 284-7566. Brookfield Renewable operates one of the worlds largest publicly traded, pure-play renewable power platforms. Mail: Scout Energy Quinbrook Infrastructure Partners (http://www.quinbrook.com) is a specialist investment manager focused exclusively on renewables, storage and grid support infrastructure needed to drive the energy transition in the US, UK and Australia. Mail: Scout Energy Quinbrook is led and managed by a senior team of power industry professionals who have collectively invested c.US$8.2 billion equity in energy infrastructure assets since the early 1990s, representing a total enterprise value of c.US$28.7 billion or 19.5 GW of power supply capacity. With the leadership of David and his team, Scout has been able to rapidly expand its diverse pipeline of wind, solar and battery storage projects across the United States. Recognized as an established financial partner with immediate, deep resources, the company owns approximately 500 MW of operating and under construction contracted assets across the United States. 13800 Montfort Dr. #100 Scout is not a traditional energy private equity model, where independent, branded, separately managed portfolio companies each employ a unique strategy. Scout was founded in 2009, initially working on an advisory basis to private middle market upstream operators and funds, evaluating over $1 billion in assets in the first 24 months and completing over $60 million in transactions. This documentation must be recorded in the county where the property is located in order for us to change the owner name.
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