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This documentation must be recorded in the county where the property is located in order for us to change the owner name. 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. Learn more about the launch of our publicly listed pure-play Alternative Asset Manager. management of private energy funds and the operation of the oil and gas assets it owns. Ovintiv plans to update its 2022 production and total cost guidance to reflect the impact of the asset sales with its second quarter results. V&E served as legal advisor to Brookfield Renewable. Letters of Credit issued under the Facility will be used to support the development . We fully expect to see Scout become a very prominent figure in the US renewables landscape in the coming years.. 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 Clean Energy has acquired in 1 US state. Scout is a private energy producer, focused on the acquisition of upstream energy assets and associated midstream infrastructure. 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. / / Lifetime output: 46398.6MWh Power 27,632T CO2 saved Dallas, TX 75240. Have a specific question? 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. Dallas, TX 75240. Dallas, TX 75240, Duplicates can be provided to you by fax or mail, should you misplace your form. Click here for an Address Change Form. NEW YORK--(BUSINESS WIRE)--Quinbrook Infrastructure Partners (Quinbrook), a specialist investment manager focused exclusively on new infrastructure needed for the energy transition, announced today the execution of binding contracts for the sale of its portfolio company, Scout Clean Energy (Scout), to Brookfield Renewable for c. US$1 billion in cash on completion. 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: ? Mail these documents to: Scout is a private energy producer focused on the acquisition and operation of upstream energy assets and associated midstream infrastructure. These negative amounts must be subtracted when calculating your total. 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.. 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. Today the Scout team has over 830 headquarters and field staff, 2023 Scout Energy Partners - A PRIVATE ENERGY PRODUCER. 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. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Of these projects, 8.6 GW have interconnection queue positions and 2,500 MW are in late-stage development with pending construction starts. Scout is excited to complete the PSA with Brookfield prior to the end of the year, said Michael Rucker, CEO and founder of Scout Clean Energy. 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. Mechanical problems, operational problems, routine maintenance, and even weather conditions may cause a well to have some downtime. Scout is actively developing a portfolio of over 22,000 MW of onshore wind, solar PV, and battery storage projects across 24 US states. 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. Quinbrook acquired Scout as a start-up in 2017 for an initial investment of just US$6 million. 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. Scout Clean Energy to be Acquired by Brookfield Renewables. Find related and similar companies as well as employees by title and much more. Fax: 214-292-9558 How much do Scout Energy Partners employees earn on average in the United States? Assets are owned and operated in-house through the firm's extensive in-house technical, operating and financial staff. The acquisition, expected to close in June 2021, also includes two gas gathering and processing assets located in Southern Oklahoma. Scout Energy Partners will buy Parallel Energy LP for $110 million after no rival bidders emerged for the bankrupt Oklahoma oil and gas driller. Scout is designed for institutional limited partners. Fees & Compensation. Scout Energy is a private energy investment firm that acquires, operates and improves upstream. The Company's most targeted sectors include renewable energy (100%). Occasionally adjustments must be made on revenues previously paid to you. Attention: Owner Relations Assist General Counsel and VP of Acquisitions in the negotiation . Companies may grow organically or through acquisition. 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. Quinbrook is currently developing and constructing some of the largest renewables and storage infrastructure projects ever undertaken in the US, UK and Australia. The assets include about 3,000 gross vertical wells. 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 Energy Partners is a private energy producer. Were looking forward to joining the Brookfield Renewable portfolio, one of the worlds largest renewable energy platforms. Scout Investments Inc. now owns 1,987,803 shares of the company's stock valued at . Brookfield to invest up to $2 billion in Scout Clean Energy and Standard Solar, $3.5 billion invested or allocated by Brookfield in North America clean energy sector this year. Provide an assignment or deed document of conveyance that has been recorded in the county and state where the interests reside. Don't expect HR to stand up for you either. chad@scoutcleanenergy.com. Scout Clean Energy is a renewable energy developer and owner-operator headquartered in Boulder, Colorado with over 1,200 MW of operating assets. 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. Have a specific question? 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. Fax: 214-292-9558 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 Several factors contribute to the variance of your check total. Website: www.scoutep.com Prior period adjustments will cause the total amount of your check to change. Fax: 214-292-9558 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). 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. Phone: 972-277-1397 Fax: 214-292-9558 Scout Clean Energy to be Acquired by Brookfield Renewables, Scout Looks to Build on their Growth and Success in the Renewable Energy Space. 75244 972-277-1397 Scout is a private energy producer, focused on the acquisition of upstream energy assets and associated midstream infrastructure. Clip, share and download with the leading wind power engineering magazine today. Attention: Owner Relations Email: ownerrelations@scoutep.com Scout Energy Management LLC. You will need to notify us of the owner's death and provide a death certificate. Phone: 972-277-1397 Connor Teskey, CEO of Brookfield Renewable, said: We are thrilled to be putting more dollars to work in our U.S. renewables business. When this reduction is allowable, we reimburse the owner for severance taxes that have been withheld. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. 13 Mid-Con Energy Properties, LLC Credit . It accounted . Lease Sales We make every attempt to properly account for the volume and the price in accordance with your Lease Agreement and state statutes. Brookfield Renewable, together with its institutional partners, announced two further investments in the U.S. renewable energy sector. As organizations face growing business . 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 . The duplicate will be faxed or mailed only. Total proceeds received are subject to customary closing adjustments. Mail: Scout Energy Scout is a renewable energy developer and asset management company headquartered in Boulder, Colorado. Bank of America and KeyBanc Capital Markets acted as Quinbrook and Scout's exclusive financial advisors and Skadden, Arps, Slate, Meagher & Flom LLP as legal counsel to Quinbrook served as legal advisor. 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. 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. If you feel that there is a problem with your check, please contact Owner Relations. Hours: Monday Friday 8:00 am 5:00 pm Central Standard Time Scout hosts a remarkable collective of professionals, and we are proud of all that we have accomplished together. These mature, low-decline (~5%) assets have net production of 2,650 boe/d and net cash flow of $1.6 million per month. Scout Energy Partners V is a 2019 vintage oil and gas fund managed by Scout Energy Partners. Please see the below for a list of commonly asked questions along with the complete list of wells acquired by Urban. General requirements for purchase or sale of interest are as follows: Changes in payment of proceeds are accomplished by providing Scout Energy a conveyance document such as a deed or assignment. 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. The effective date of both sales is April 1. To connect with Scout Energy Partners employee register on SignalHire. Fax: 214-292-9558 BCE-Mach III . Evolving to offer the best of both worlds. The fund may reinvest capital into development projects with high return hurdles and seeks to distribute remaining cash flows to investors. PDP reserves are 14.1 million boe and $75.2 million PV-10. In some cases apparently high growth rates may be caused by data that weren't available in previous years. Learn how Scout Clean Energy helps make this possible. 13800 Montfort Drive, Suite 100, Dallas, TX(972) 277-1373 Website. 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. 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. 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 . You will need to provide a copy of the applicable portion of the Trust document that identifies the successor Trustee, the duties and power of the Trustee, and the circumstances leading to the replacement of the Trustee. This will be a custom quotation based on real consumption data. When contacting us at the email address above, please include your Owner Number/Business Associate Number/Payee Number your phone number, and the nature of your inquiry so we can best serve you. 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. Ovintiv Inc. agreed on July 6 to sell portions of its assets located in the Bakken and Uinta basins for total proceeds of roughly $250 . "We are delighted that Evergy has agreed to purchase Persimmon from Scout which will serve Evergy's renewable energy plans well over the coming years. +1 (901) 331-0779 This column includes but is not limited to costs associated with gathering, transporting, dehydrating, and processing oil and gas. Mail: Scout Energy Our Operating Model Scout is not a traditional energy private equity model, where independent, branded, separately managed portfolio companies each employ a unique strategy. Dallas, TX 75240. When this occurs, the original payment is reversed and the new amount is paid. 13800 Montfort Dr. #100 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.. 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. December 30, 2021 Anne Fischer Acquisitions Markets & Policy Illinois United States Image: Blue Sky Solar Share 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. Need general information about working with Scout? The effective date must be listed if different from the document date; all dates must be legible. We fully expect Scout to feature prominently in the US renewables landscape in the coming years.. The Scout software designs a solar system based on your actual energy usage. The firm prefers to operate assets and has corporate and field operations groups which incorporate and operate acquisitions. 2023 Scout Energy Partners - A PRIVATE ENERGY PRODUCER. This news release contains forward-looking statements and information within the meaning of applicable securities laws. 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. 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. 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