Both regions are located outside of what the company considers core operating areas, which include the Anadarko, Permian and Montney shale basins. The accelerated expansion Scout has experienced is a direct result of Quinbrook Infrastructure Partners support and confidence in our business model. As organizations face growing business . Scout Petroleum is a land-based oil & gas company which is actively acquiring oil and natural gas rights in the State of Pennsylvania. Dallas, TX 75240, Duplicates can be provided to you by fax or mail, should you misplace your form. Four other small, lesser-known firms, including Terra Energy Partners, Flywheel Energy, Blackbeard Operating, and Scout Energy, were also in the top 10 biggest methane polluters, sitting beside . Scout's business is both the management of private energy funds and the operation of the oil and gas assets it owns. Scout Clean Energy to be Acquired by Brookfield Renewables, Scout Looks to Build on their Growth and Success in the Renewable Energy Space. Scott Wiater, President & CEO of Standard Solar, said: Through this acquisition, which provides additional large-scale access to capital, Standard Solar is poised for massive growth, enabling us to contribute in an even more significant way to the clean energy transition. Scout Energy Management LLC Operator Summary Operator Name: Scout Energy Management LLC Address: 13800 MONTFORT DRIVE SUITE 100 DALLAS, TX 75240 Production Dates on File: January 1980 to July 2022 12 Counties With Production 5.7 k Currently Producing Leases 6 k Total Leases 5.7 k Currently Producing Wells 6.6 k Total Wells 12 GW+ pipeline. Scout focuses on directly operating mature producing assets with a strong cash flow profile, identifiable operations and production improvement potential and shallow, predictable declines. Reach out! Were looking forward to joining the Brookfield Renewable portfolio, one of the worlds largest renewable energy platforms. All Rights Reserved. Oil-and-gas company Parallel Energy LP filed for U.S. Chapter 11 Bankruptcy on Monday due to low oil prices and said it had agreed to sell its assets to Scout Energy Group II LP for $110 million, according to court documents. The recorded copy provided must contain a legible registry number and/or book/volume and page. 5775 Flatiron Parkway, Suite 120 We have endured and overcome many challenges together, which marks this venture a resounding success on many levels. Developer and operator of wind, solar and renewable power projects based in Boulder, Colorado. Scout Clean Energy Acquisition by Brookfield Renewables Finalized. Scout partners with academic endowments, public and private pension plans, charitable foundations, healthcare systems, insurance and sovereign wealth pools, funds-of-funds and multi- and single-family offices. VC / Private Equity . As an operator, Scout directly acquires, integrates, operates and improves assets throughout the life. Scout Energy Partners insights Based on 2 survey responses Areas for improvement Ability to meet personal goals Feeling of personal appreciation Energizing work tasks 4.0 Was an OK experience Production Specialist (Former Employee) - Tulsa, OK - September 12, 2019 The Scout software designs a solar system based on your actual energy usage. Reach out! . Please provide your Owner Number(s)/Business Associate Number/Payee Number and verify the mailing address. Both Scout and Standard Solar will continue to operate as independent businesses within the Brookfield Renewable U.S. platform. . Source: Brookfield Renewable Partners L.P. Assist General Counsel and VP of Acquisitions in the negotiation . Post the transaction, Ovintiv said it will retain approximately 130,000 largely contiguous net acres in the horizontal oil-rich shale portion of the Uinta play. My overall review of scout Energy Partners is that is a fast-growing company with poor management high expectations. The fund may reinvest capital into development projects with high return hurdles and seeks to distribute remaining cash flows to investors. 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"). Offering innovative, institutional-caliber investment expertise and solutions for the individual investor. Firstly, the acquisition includes development plans and a call for installation. The firm could. 901-331-0779 Scout Clean Energy Closes $250mm Revolving Credit Facility Plans for Accelerated Growth Boulder, CO - March 17, 2022 - Scout Clean Energy ("Scout"), a Colorado based renewable energy developer, owner, and operator, is pleased to announce the closing of a $250 million revolving corporate credit facility ("facility"). Provide a copy of the conveyance document properly recorded in the county in which your interest is located to: Fax: 214-292-9558 Mail: Scout Energy High-quality jobs, payments and tax revenue, energy independence, local manufacturing not to mention a healthier planet. 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. Day-to-day operations are managed by Scout employees and field-level staff. Scout is a private energy producer, focused on the acquisition of upstream energy assets and associated midstream infrastructure. 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. Scout is a private investment firm, acquiring and operating mid-sized upstream conventional oil and gas properties for. 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. Note: Supporting document(s) granting authority to an Agent or Attorney-In-Fact must also be provided. Hours: Monday Friday 8:00 am 5:00 pm Central Standard Time Fax: 214-292-9558 Scout was acquired by Quinbrook at the start-up stage in 2017 and 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. Boulder, CO 80301 Were looking forward to joining the Brookfield Renewable portfolio, one of the worlds largest renewable energy platforms. Assets are owned and operated in-house through the firm's extensive in-house technical, operating and financial staff. Mail: Scout Energy Attention: Owner Relations Payment is made as soon as complete title information is received, but not later than the terms of the lease or state statutes allow. Learn more about the launch of our publicly listed pure-play Alternative Asset Manager. 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. Since establishing its first institutional fund in 2011, Scout, which focuses on upstream oil and gas investments for institutional partners, has completed more than 50 acquisitions with over. 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 Energy Solutions purpose is to advance cutting edge Thermal Energy Storage and Production technologies. PDP reserves are 14.1 million boe and $75.2 million PV-10. management of private energy funds and the operation of the oil and gas assets it owns. All states have laws that require the reporting of unclaimed funds belonging to owners who cannot be located. Forward-looking statements can be identified by the use of words such as will, expected, intend, potential, can or variations of such words and phrases. Scout is a tool for estimating the energy and carbon impacts of various energy conservation measures (ECMs) on the U.S. residential and commercial building sectors. 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). ", 120+ people The Scout and Standard Solar acquisitions follow a string of recent clean energy investments by Brookfield Renewable in North America during 2022, including a $650 million acquisition of Urban Grid, and the exclusive right to invest up to $750 million on a project by project basis with Entropy, and a joint venture with California Resource . The accelerated growth Scout has experienced is a direct result of Quinbrooks support and confidence in our business model. 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.. 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. Scout Clean Energy LLC Michael Rucker, CEO and founder of Scout commented, When Quinbrook first decided to sponsor Scout as a portfolio company, we were a very small team with big dreams. 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). US renewable energy major Brookfield Renewable has agreed to spend up to US$2 billion in order to acquire both Scout Clean Energy (Scout) and Standard Solar, taking the company's total . Over 130 landowners in regional areas have benefited from long term land lease programs, and local communities hosting Scout projects have benefited from more than 3,400 local jobs supported and over US$240 million in committed financial benefits. 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. The Bakken assets being sold include approximately 88 wells, located mainly in Richland County, Montana, approximately 30 miles from Ovintivs primary Bakken position. To protect your ownership interest, all address changes must be submitted in writing and include the owners signature(s) and your Owner Number(s)/Business Associate Number/Payee Number. Attention: Owner Relations Mail: Scout Energy 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. Forward-looking statements in this news release include statements regarding the parties future expectations, beliefs, plans, objectives, financial condition, assumptions or future events or performance, including with respect to the development of Scout Clean Energys or Standard Solars pipeline and the ability of the parties to optimize value of that pipeline. Scout will continue under the Scout Clean Energy brand name as an independent power producer (IPP). The legal descriptions must correctly describe the properties being conveyed. Scout is a portfolio company of Quinbrook Infrastructure Partners. You will need to contact your tax advisor regarding questions concerning your tax return. Although Brookfield Renewable believes that such forward-looking statements and information are based upon reasonable assumptions and expectations, no assurance is given that such expectations will prove to have been correct. Doing Business As: Scout Energy Partners Company Description: ? We are thrilled to be putting more dollars to work in our U.S. renewables business. The acquisition, expected to close in June 2021, also includes two gas gathering and processing assets located in Southern Oklahoma. The company issued filings that it raised $318.25m through Scout Energy Partners III-A, LP and Scout Energy Partners III-B, LP on April 29, 2016. The conveyance document must be recorded in the county where the properties are located. 13800 Montfort Dr. #100 Mercer spoke with HT These adjustments become necessary for various reasons such as: we were originally provided incorrect production figures (volumes) or pricing from the transporter or gatherer of production and need to correct that information, production may be allocated incorrectly and must be corrected, or a tax rate may have changed. 13800 Montfort Dr. #100 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. Boulder, CO 80301 The Company's most targeted sectors include renewable energy (100%). The Scout Energy Partners annual revenue is estimated at < 1M. Scout is an owner-operator with expertise in all aspects of renewable. Scout Clean Energy, a Colorado-based renewable energy developer, owner, and operator of solar energy assets announced that it acquired the 369-megawatts Blue Sky Solar project in Grundy County, Illinois. Reach out! Hours: Monday Friday 8:00 am 5:00 pm Central Standard Time When this reduction is allowable, we reimburse the owner for severance taxes that have been withheld. V&E served as legal advisor to Brookfield Renewable. In 2021, U.S. renewable energy production reached an all-time high. 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). Energy Transition Energy Transition in Motion (Week of Aug. 12, 2022): Advancing Projects, Investment Here's a look at some of this week's renewable energy news. Internet Explorer presents a security risk. John Baschab Managing Director and General Partner Brookfield Renewable has agreed to acquire Scout Clean Energy, a renewable energy developer and owner-operator based in Boulder, Colorado, for $1 billion. Join Mergr and gain access to Scout Clean Energy's M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the energy services and equipment sector. 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 . Brookfield Renewable operates one of the worlds largest publicly traded, pure-play renewable power platforms. Over that period, Quinbrook deployed a further US$470 million of equity capital from its managed funds and spearheaded the rapid growth of Scout into a fully integrated developer, owner and operator of a diverse and multi-technology asset portfolio spanning 1,200 MW of operational wind projects in four states, including 400 MW managed on behalf of third parties, and plans to deliver over 22 GW of wind, solar and storage projects across 24 states by the end of this decade. 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 is a private energy producer, focused on the acquisition of upstream energy assets and associated midstream infrastructure. Attention: Owner Relations Email: ownerrelations@scoutep.com 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 ($270 million in total net to BEP). V&E served as legal advisor to Brookfield Renewable. Dallas, TX 75240. You will need to contact the Owner Relations Department. 13800 Montfort Dr. #100 Our team brings decades of renewable wind, solar energy, and storage experience, specializing in leasing, permitting, interconnection, power marketing, finance, asset management and construction. Attention: Owner Relations 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 Investors can access its portfolio either throughBrookfield Renewable Partners L.P.(NYSE: BEP; TSX: BEP.UN), orBrookfield Renewable Corporation(NYSE, TSX: BEPC), a Canadian corporation. Michael Rucker, CEO and founder of Scout Clean Energy, said: Scout is pleased to be sponsored going forward by an industry-leading partner to help Scout continue to grow our rapidly expanding pipeline of wind, solar and battery storage projects across the United States. In some cases apparently high growth rates may be caused by data that weren't available in previous years. The difference could also occur due to the rounding of decimal interests, or one owner may be setup with a different minimum check threshold. 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. Scout is developing a MW portfolio of over 24,000 MW of wind, solar and energy storage projects across 22 U.S. states. You will need to notify us of the owner's death and provide a death certificate. Browse the most current issue of Windpower Engineering & Development and back issues in an easy to use high quality format. Cautionary Statement Regarding Forward-looking Statements. Scout focuses on acquiring, operating, and improving upstream energy assets and associated midstream energy infrastructure. Petros Dermetzis November 4, 2019. System Installation If you are happy with your quote, book your installation with your installer. Overview. Our two companies share a mutual passion for renewables and company cultures that recognize and amplify excellence and equity we are the ideal match, said Scott Wiater, president and CEO of Standard Solar. This will be a custom quotation based on real consumption data. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Attention: Owner Relations Dallas, TX 75240. When contacting us via phone at the number above, please have your Owner Number/Business Associate Number/Payee Number ready. Renewable energy investor Brookfield Renewable, together with its institutional partners, has announced the acquisition of two clean energy companies in the United States for over $1.5 billion.. Brookfield Renewable will acquire Scout Clean Energy for $1 billion with the potential to invest an additional $350 million and Standard Solar for $540 million with the potential to invest an .