Mail: Scout Energy As of an April 2020 investor presentation, Ovintiv held about 72,000 net acres in the Bakken and 222,000 net acres in the Unita Basin. Standard Solar is powering the nations energy transformation channeling its project development capabilities, financial strength and technical expertise to deliver the benefits of solar, as well as solar + storage, to businesses, institutions, farms, governments, communities and utilities. 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. 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. Fees & Compensation. The agreements, made with two counterparties, are expected to close in the third quarter. The acquisition, expected to close in June 2021, also includes two gas gathering and processing assets located in Southern Oklahoma. Learn how Scout Clean Energy helps make this possible. Total funding of the company - $288.5M. 13800 Montfort Dr. #100 Brookfield Renewable operates one of the worlds largest publicly traded, pure-play renewable power platforms. As an operator, Scout directly acquires, integrates, operates and improves assets throughout the life. Attention: Owner Relations These documents must be recorded in the county and state where the interest resides and mailed to: Both Scout and Standard Solar will continue to operate as independent businesses within the Brookfield Renewable U.S. platform. When Backup Withholding or State Income Tax Withholding is made, the amount will be reported on the Form 1099 for the year and the payee may claim credit for it when the appropriate income tax return is filed. 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). We fully expect to see Scout become a very prominent figure in the US renewables landscape in the coming years.. 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. Overview. Payment is made as soon as complete title information is received, but not later than the terms of the lease or state statutes allow. 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. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. We offer the opportunity for our owners to receive their revenue/royalty payment via direct deposit (electronic funds transfer). Were looking forward to joining the Brookfield Renewable portfolio, one of the worlds largest renewable energy platforms. My overall review of scout Energy Partners is that is a fast-growing company with poor management high expectations. You are just a mule to them. Both Scout and Standard Solar will continue to operate as independent businesses within the Brookfield Renewable U.S. platform. Scout Investments Inc. now owns 1,987,803 shares of the company's stock valued at . A website you may find helpful is www.naupa.org (National Association of Unclaimed Property Administration). Meet RNCH-WTG008, our busiest wind turbine. Starting immediately for the third quarter, Ovintiv will increase its returns to shareholders to 50% of the previous quarters non-GAAP free cash flow after base dividends. We have exceeded our plans for investor value creation by sponsoring Scout from its infancy, and now is the right time for us to hand the business on for its next growth chapter. All Rights Reserved. Scout Clean Energy acquires utility-scale solar project in Illinois The acquisition of the $400m Blue Sky Project follows closely on the heels of Scout's announced purchase of a 112 MW solar project in Missouri. 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. If your address has also changed, please provide your new address as well, using the address change form. Have a specific question? If your address is not correct, your check will not be forwarded by the U.S. Scout Energy is a private energy investment firm that acquires, operates and improves upstream conventional oil and gas properties for institutional investors. Dallas, TX 75240. Firstly, the acquisition includes development plans and a call for installation. 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 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. Fax: 214-292-9558 13800 Montfort Dr. #100 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.. Scout Clean Energy Acquisition by Brookfield Renewables Finalized. . Hours: Monday Friday 8:00 am 5:00 pm Central Standard Time 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"). The current. ", Have you ever seen your electric bill go down for multiple years at a time?, Wind energy creates new jobs, increases tax revenue, while providing additional demand for our local businesses. 13800 Montfort Dr. #100 75244 972-277-1397 Dallas, TX 75240. Quinbrook sells its portfolio company, Scout Clean Energy, to Brookfield Renewable for c. US$1 billion. Scout focuses on directly operating mature producing assets with a strong cash flow profile, identifiable operations and production improvement potential and shallow, predictable declines. Scout focuses on directly operating mature producing assets with a strong cash flow profile, identifiable operations and production improvement potential and shallow, predictable declines. 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 company said its 2022 capital guidance will remain unchanged. Acquired by Brookfield Renewable Partners Colorado, Zacatecas, Mexico 51-100 Debt Financing Private www.scoutcleanenergy.com/ 15,274 Highlights Total Funding Amount $255M Contacts 55 Employee Profiles 5 Investors 2 Scout is a private energy producer focused on the acquisition and operation of upstream energy assets and associated midstream infrastructure. The duplicate will be faxed or mailed only. Brookfield will acquire Scout Clean Energy for approximately $1 billion and Standard Solar for approximately $540 million. A partnership was established with Scouts founder and CEO Michael Rucker to create a large-scale, vertically integrated wind power producer focused on the development, construction, ownership and operational management of large-scale wind power assets diversified across multiple US states and power markets. Day-to-day operations are managed by Scout employees and field-level staff. Be sure to provide an executed IRS W-9 form of the new payee(s) with your recorded documentation. 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 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. 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. Connor Teskey, CEO of Brookfield Renewable, said, We are thrilled to be putting more dollars to work in our U.S. renewables business. These negative amounts must be subtracted when calculating your total. Mechanic in Masterson, TX. 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.. Attention: Owner Relations It lives in Crockett County, TX. Copyright 2023 WTWH Media LLC. Mail: Scout Energy 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. 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. 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.. 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. 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. Here is their address: Scout Energy Management, LLC 4901 LBJ Freeway, Suite 300 Dallas, TX. The Scout software designs a solar system based on your actual energy usage. The recorded copy provided must contain a legible registry number and/or book/volume and page. Note: Supporting document(s) granting authority to an Agent or Attorney-In-Fact must also be provided. 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 . The interest may be suspended pending receipt of appropriate transfer documents.
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