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. 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 . This news release contains forward-looking statements and information within the meaning of applicable securities laws. System Installation If you are happy with your quote, book your installation with your installer. If you feel that there is a problem with your check, please contact Owner Relations. Assets are owned and operated in-house through the firms extensive in-house technical, operating and financial staff. The effective date of both sales is April 1. We have far exceeded our plans for investor value creation in sponsoring Scout from its infancy and now is the right time for us to hand the business on for its next growth chapter. Scout is a private energy producer, focused on the acquisition of upstream energy assets and associated midstream infrastructure. The Well flowed 0.034 MMcf of gas . Mechanic in Masterson, TX. Brookfield Renewable also announces today 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). 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. 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. Occasionally adjustments must be made on revenues previously paid to you. Dallas, TX 75240. 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. M&A Summary Total Sectors Invested 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 13800 Montfort Dr. #100 Were looking forward to joining the Brookfield Renewable portfolio, one of the worlds largest renewable energy platforms. Scout II Scout II Scout Clean Energy to be Acquired by Brookfield Renewables, Scout Looks to Build on their Growth and Success in the Renewable Energy Space. Please understand that we will only answer inquiries from the individual(s) whose name(s) appear on the account or the owners legally recognized agent. Scout has expertise in all aspects of renewables project development, permitting, power marketing, finance, construction, 24/7 operations, and asset management. 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 . 2 min read. We (other owners) all got paper checks in the mail for Jun 2018 from Scout without having to tell them anything. 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. Dallas, TX 75240. We offer the opportunity for our owners to receive their revenue/royalty payment via direct deposit (electronic funds transfer). The duplicate will be faxed or mailed only. Mail: Scout Energy Scout has 20 projects under management comprising 1,235 MW, and over 20 GW of projects under development. Overview. 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 . The fund may reinvest capital into development projects with high return hurdles and seeks to distribute remaining cash flows to investors. With the sales completion, Scout. As an operator, Scout directly acquires, integrates, operates and improves assets throughout the life. Contacts Quinbrook Media Contact: Jennifer Pflieger +1 (212). The Bakken assets being sold include approximately 88 wells, located mainly in Richland County, Montana, approximately 30 miles from Ovintivs primary Bakken position. Scout's business is both the. In certain states there is a tax allowance for wells that have a high cost for drilling and producing. Its headquarters is located at Dallas, Texas, USA. 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. Standard Solar has approximately 500 MW of operating and under construction contracted assets and a robust development pipeline of almost 2,000 MW and a strong team to execute on significant growth opportunities across several high value solar markets in the U.S., such as New York, Maryland, Minnesota and Maine. Attention: Owner Relations An analyst will call you back within 48 hours. 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. / / Lifetime output: 46398.6MWh Power 27,632T CO2 saved The conveyance document must be recorded in the county where the properties are located. Email: [email protected] 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. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Clip, share and download with the leading wind power engineering magazine today. Connor Teskey, CEO of Brookfield Renewable, said: We are thrilled to be putting more dollars to work in our U.S. renewables business. You will need to contact your tax advisor regarding questions concerning your tax return. Quinbrook Media Contact: Our development pipeline in the United States is now close to 60,000 MW and is well diversified across wind, utility-scale solar, distributed generation, and energy storage. V&E served as legal advisor to Brookfield Renewable. Co-led by former Bank of England Governor and Brookfield Vice Chair, Mark Carney, and Brookfield Renewable CEO, Connor Teskey, BGTF I has raised $15 billion to invest across a range of transition opportunities. The firm could. We fully expect Scout to feature prominently in the US renewables landscape in the coming years.. Dallas, TX 75240. 2022 Scout Energy Partners - A PRIVATE ENERGY PRODUCER. My overall review of scout Energy Partners is that is a fast-growing company with poor management high expectations. Scout hosts a remarkable collective of professionals, and we are proud of all that we have accomplished together. Cautionary Statement Regarding Forward-looking Statements. This column includes but is not limited to costs associated with gathering, transporting, dehydrating, and processing oil and gas. Here is their address: Scout Energy Management, LLC 4901 LBJ Freeway, Suite 300 Dallas, TX. 13800 Montfort Dr. #100 Scout Energy Partners will buy Parallel Energy LP for $110 million after no rival bidders emerged for the bankrupt Oklahoma oil and gas driller. OKLAHOMA CITY, OKLAHOMA - BCE-Mach III LLC recently signed a purchase and sale agreement to acquire producing properties in Western and Southern Oklahoma and the Texas Panhandle from Cimarex Energy. Have a specific question? 13800 Montfort Dr. #100 Fax: 214-292-9558 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. The current. (303) 284-7566. Additional information can be found here Estate Instructions Check List. Scout is developing a MW portfolio of over 24,000 MW of wind, solar and energy storage projects across 22 U.S. states. Scout targets mature, long-lived existing production primarily in conventional onshore basins throughout the United States. You are just a mule to them. 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. Our Operating Model Scout is not a traditional energy private equity model, where independent, branded, separately managed portfolio companies each employ a unique strategy. +1 (212) 446-1866 Fees & Compensation. 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