Find related and similar companies as well as employees by title and much more. Scout Investments Inc. now owns 1,987,803 shares of the company's stock valued at . 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. 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. 13800 Montfort Dr. #100 +1 (901) 331-0779 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. Scout will continue under the Scout Clean Energy brand name as an independent power producer (IPP). The assets are located among prolific legacy fields including the Claytonville, Panhandle Oil & Gas, Slaughter, and Snyder Fields. 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 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 . The company has an estimated daily production of 0 BBLs oil and 0 MCF of gas, coming from 5,675 actively producing wells in the state. We fully expect Scout to feature prominently in the US renewables landscape in the coming years.. These negative amounts must be subtracted when calculating your total. Boulder, CO 80301 Overview. You will need to notify us of the owner's death and provide a death certificate. . So I was pleased about that. We (other owners) all got paper checks in the mail for Jun 2018 from Scout without having to tell them anything. Here is their address: Scout Energy Management, LLC 4901 LBJ Freeway, Suite 300 Dallas, TX. The current. In some cases apparently high growth rates may be caused by data that weren't available in previous years. UPDATE 1-Chesapeake Energy to offload part of south Texas operations for $1.4 bln, CANADA FX DEBT-C$ posts biggest decline in one month as 'hard-landing' risk weighs, Marketmind: Finally, bad news is bad news, MORNING BID-Finally, bad news is bad news, Volkswagen supply chain problems expected to be minor issues in 2023: U.S. CEO. Also, Brookfield has closed its. Copyright 2023 WTWH Media LLC. Scout is a private energy producer focused on the acquisition and operation of upstream energy assets and associated midstream infrastructure. You will need to contact the applicable state(s) to reclaim funds that have been escheated and belong to you. When this reduction is allowable, we reimburse the owner for severance taxes that have been withheld. 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. When contacting us via phone at the number above, please have your Owner Number/Business Associate Number/Payee Number ready. 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 . Dallas, TX 75240. 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. Scouts pipeline has grown rapidly since 2019, in particular, and has achieved 65 percent year-on-year growth in scale over that period. Brookfield Renewable has agreed to acquire Scout Clean Energy 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). . To provide a Social Security Number or Employer Identification Number, Form W-9 may be downloaded here. 13 Mid-Con Energy Properties, LLC Credit . 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 . Scout is a private energy producer, focused on the acquisition of upstream energy assets and associated midstream infrastructure. Brookfield Renewable operates one of the worlds largest publicly traded, pure-play renewable power platforms. Phone: 972-277-1397 . 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. Scout Energy Partners V is a 2019 vintage oil and gas fund managed by Scout Energy Partners. Lease Sales You are just a mule to them. 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 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 Clean Energy LLC (www.scoutcleanenergy.com) is a Boulder, Colorado based wind energy developer. The fund may reinvest capital into development projects with high return hurdles and seeks to distribute remaining cash flows to investors. Dallas, TX 75240. Mail: Scout Energy Scout Energy is a private energy investment firm that acquires, operates and improves upstream conventional oil and gas properties for institutional investors. 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. 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. 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 the Scout management team. Provide a copy of the conveyance document properly recorded in the county in which your interest is located to: If your address has also changed, please provide your new address as well, using the address change form. Fax: 214-292-9558 M&A Summary Total Sectors Invested Dallas, TX 75240. Scout Clean Energy Acquisition by Brookfield Renewables Finalized, Scout Looks to Brookfield to Expand on their Growth and Success in the Renewable Energy Space. Please remember that it is our policy to not discuss any other owners interest even if they are a family member for security purposes. 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.. This should only occur when a reimbursement of severance tax or other deductions has occurred. Please provide your Owner Number(s)/Business Associate Number/Payee Number and verify the mailing address. Scout has expertise in all aspects of renewables project development, permitting, power marketing, finance, construction, 24/7 operations, and asset management. The accelerated expansion Scout has experienced is a direct result of Quinbrook Infrastructure Partners support and confidence in our business model. This documentation must be recorded in the county where the property is located in order for us to change the owner name. It accounted . 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. We fully expect to see Scout become a very prominent figure in the US renewables landscape in the coming years.. Read Brookfield boost its US wind portfolio with $1 billion Scout Clean Energy acquisition and other wind energy news & analysis on . 13800 Montfort Dr. #100 Connor Teskey, CEO of Brookfield Renewable, said: We are thrilled to be putting more dollars to work in our U.S. renewables business. Scout is not a traditional energy private equity model, where independent, branded, separately managed portfolio companies each employ a unique strategy. Previously, the company had planned to increase cash returns to the 50% level starting Oct. 1. We look for [wind projects] because in addition to creating more renewable energy and strengthening the local economy, they also make for smart investments. 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. Assist General Counsel and VP of Acquisitions in the negotiation . Both Scout and Standard Solar will continue to operate as independent businesses within the Brookfield Renewable U.S. platform. 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. 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.. Fax: 214-292-9558 Browse the most current issue of Windpower Engineering & Development and back issues in an easy to use high quality format. Both Scout and Standard Solar will continue to operate as independent businesses within the Brookfield Renewable U.S. platform. Scout's management team has together been involved in over 16,000 MW of wind projects from . Description. If the property has been divided by the divorce decree, the full decree is required and must be accompanied by a recorded conveyance document covering the property involved. 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. ECM energy, CO 2, and cost impacts are evaluated for individual ECMs or an ECM portfolio relative to a baseline or "business-as-usual" scenario. 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"). Chad Thompson private energy fund, institutional investors, asset acquisition & divestiture: SIC Code: 1389: DMA Code: Dallas-fort . For more information, please visit www.scoutcleanenergy.com. 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. 2023 Scout Energy Partners - A PRIVATE ENERGY PRODUCER. Scout Clean Energy has acquired in 1 US state. Fees & Compensation. 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. 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. 13800 Montfort Dr. #100 These documents must be recorded in the county and state where the interest resides and mailed to: Description. December 30, 2021 Anne Fischer Acquisitions Markets & Policy Illinois United States Image: Blue Sky Solar Share Scout is a private energy producer, focused on the acquisition of upstream energy assets and associated midstream infrastructure. Mail: Scout Energy 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. Postal Service and instead will be returned to Scout Energy resulting in your account being suspended. 5775 Flatiron Parkway, Suite 120 Scout Clean Energy LLC Scout is actively developing a portfolio of over . Reach out! Mail: Scout Energy management of private energy funds and the operation of the oil and gas assets it owns. With the recent passage of the Inflation Reduction Act, we believe now is the right time for Scout to move into our next phase of expansion with a highly respected and experienced partner, like Brookfield Renewable.. 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. conventional oil and gas properties for institutional investors. 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 . 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. 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. Scout focuses on the acquisition, operation and improvement of upstream energy assets and associated midstream energy infrastructure. 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. Scout Energy Partners is an upstream energy investment group. The Company's most targeted sectors include renewable energy (100%). 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. Phone: 972-277-1397 Including your Owner Number(s)/Business Associate Number/Payee Number is necessary to complete this process. by editor December 30, 2021. 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. Scout is a renewable energy developer and asset management company headquartered in Boulder, Colorado. DBA Scout Energy Partners IV-B, LP DBA Scout Energy Partners V-A, LP DBA Scout Energy Partners V-B, LP. 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. 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 Dallas, TX 75240, IRS regulations require payors to withhold 24 percent of the gross proceeds from any payee who has not provided a Social Security Number or Employer Identification Number. The acquisition of Scout RFP will help accelerate Workday's ability to deliver a comprehensive source-to-pay solution with a best-in-class strategic sourcing offering, elevating the office of procurement in strategic importance and transforming the procurement function. Fax: 214-292-9558 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. We are thrilled to be putting more dollars to work in our U.S. renewables business. 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. 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