Recent Energy Acquisitions in New Mexico
Acquisition Volume in Energy in New Mexico by Year
Last 5 years
-
March 18, 2025
- Buyer
- Verdera Energy Corp.
- Target
- enCore subsidiary holding the Crownpoint, Hosta Butte, Nose Rock, West Largo, and Ambrosia Lake–Treeline uranium projects
- Seller
- enCore Energy Corp.
- Industry
- Energy
- Location
- New Mexico, United States
- Type
- Divestiture
enCore Energy Corp. entered into a share purchase agreement with Verdera Energy Corp. for Verdera to acquire an enCore subsidiary holding Crownpoint, Hosta Butte, Nose Rock, West Largo, and Ambrosia Lake–Treeline uranium projects in New Mexico. The deal consideration includes 50,000,000 non-voting preferred shares of Verdera (about 73% of fully diluted shares), plus royalties and a $350,000 cash payment, with closing anticipated by March 31, 2025.
-
January 13, 2025
- Buyer
- Pelican Energy Partners
- Target
- Lancs Industries
- Industry
- Energy
- Location
- New Mexico, United States
- Type
- Buyout
Houston-based private equity firm Pelican Energy Partners has acquired Lancs Industries, an Albuquerque-based manufacturer of radiation containment and shielding solutions serving the DOE, commercial nuclear, U.S. Navy, national laboratories and pharmaceutical sectors. Pelican said the deal will support growth and job creation in Albuquerque as the firm looks to expand capabilities in the nuclear supply chain.
-
- Buyer
- Bernhard Capital Partners
- Target
- New Mexico Gas Company, Inc. (NMGC)
- Seller
- Emera Inc.
- Industry
- Energy
- Location
- New Mexico, United States
- Type
- Buyout
Emera has entered into an agreement to sell its wholly owned operating company, New Mexico Gas Company, Inc. (NMGC), to Bernhard Capital Partners for an aggregate transaction value of $1.252 billion, including the assumption of approximately $500 million of debt. The deal is subject to regulatory approvals and is expected to close in late 2025 (not before September 30, 2025).
-
June 17, 2024
- Buyer
- Energy Systems Group
- Target
- Yearout Energy Services
- Industry
- Energy
- Location
- New Mexico, United States
- Type
- Addon
Energy Systems Group (ESG) has acquired Yearout Energy Services to expand its national footprint and strengthen its service offerings in the Southwest, including Texas, Colorado, Arizona and New Mexico. Yearout’s management, led by President Colby Geer, will remain in place as part of ESG’s leadership team to accelerate growth and deliver expanded design-build, energy-efficiency, distributed generation and O&M services to public and private sector clients.
-
February 17, 2023
- Buyer
- Critical Energy Infrastructure Services (CEIS), White Wolf Capital
- Target
- Clover Leaf Solutions
- Industry
- Energy
- Location
- New Mexico, United States
- Type
- Addon
Critical Energy Infrastructure Services (CEIS), a platform backed by White Wolf Capital, has acquired Clover Leaf Solutions, a New Mexico–based provider of consulting and staffing services to Department of Energy laboratories and commercial clients. The acquisition is the second add-on to the CEIS platform and is intended to expand CEIS's geographic reach and service offerings across the U.S.; financial terms were not disclosed.
-
- Buyer
- Crestwood Equity Partners LP
- Target
- Sendero Midstream Partners, LP
- Seller
- ECP
- Industry
- Energy
- Location
- New Mexico, United States
- Type
- Buyout
Crestwood Equity Partners LP entered into a definitive agreement to acquire Sendero Midstream Partners, LP for $600 million in cash. The transaction was expected to close in July 2022 and is aimed at expanding Crestwood’s natural gas gathering and processing footprint in Eddy County, New Mexico (Northern Delaware Basin).
-
January 5, 2021
- Buyer
- Newlight Partners LP, Cottonwood Technology Fund, Sun Mountain Capital, Fortistar
- Target
- BayoTech, Inc.
- Industry
- Energy
- Location
- New Mexico, United States
- Type
- Growth capital
BayoTech received an equity investment of up to $157 million led by growth equity firm Newlight Partners, with participation from Cottonwood Technology Fund, Sun Mountain Capital and Fortistar. The capital will accelerate BayoTech’s product and project development and infrastructure expansion for its on‑site hydrogen generation and Gas‑as‑a‑Service offerings.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.