Learn how Scout Clean Energy helps make this possible. 2023 Scout Energy Partners - A PRIVATE ENERGY PRODUCER. The Bakken assets being sold include approximately 88 wells, located mainly in Richland County, Montana, approximately 30 miles from Ovintivs primary Bakken position. Let us know if there is a change of address. Forward-looking statements can be identified by the use of words such as will, expected, intend, potential, can or variations of such words and phrases. Scout Clean Energy is a renewable energy company that operates and develops wind, solar, and renewable power projects. Both Scout and Standard Solar will continue to operate as independent businesses within the Brookfield Renewable U.S. platform. 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. If your address is not correct, your check will not be forwarded by the U.S. Scout is developing a MW portfolio of over 24,000 MW of wind, solar and energy storage projects across 22 U.S. states. 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. Dallas, TX 75240. Our primary operating office is in Houston, Texas. Email: ownerrelations@scoutep.com 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. Attention: Owner Relations Mail: Scout Energy 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. Scout focuses on acquiring, operating, and improving upstream energy assets and associated midstream energy infrastructure. Phone: 972-277-1397 Scout has expertise in all aspects of renewables project development, permitting, power marketing, finance, construction, 24/7 operations, and asset management. Copyright 2023 WTWH Media LLC. For more information, please visit www.scoutcleanenergy.com. Website: www.scoutep.com 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. 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. 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. Scout has expertise in all aspects of renewables project development, permitting, power marketing, finance, construction, 24/7 operations, and asset management. Scout Clean Energy LLC Source: Brookfield Renewable Partners L.P. Reach out! Last updated: November 14, 2022. Chad Thompson Mail these documents to: It is what is required to train, move, and sustain forces, weapons, and equipment for military operations. 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. Attention: Owner Relations 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. Reach out! Dallas, TX 75240, Provide a copy of the Trust Agreement or Memorandum of Trust in addition to a conveyance document from the current owner of record into the Trust. Scout Investments Inc. now owns 1,987,803 shares of the company's stock worth $161,211,000 . Click here for an Address Change Form. Total funding of the company - $288.5M. 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 . 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: ? 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. Scout recently purchased the "Rangely Weber Sand Unit and associated facilities," according to Mike Mercer, Scout's VP of operations. 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. Cash returns in the third quarter are anticipated to be delivered through share buybacks. Several factors contribute to the variance of your check total. Fax: 214-292-9558 Need general information about working with Scout? Scout is a private energy producerfocused on the acquisition and operation of upstream energy assets and associated midstream infrastructure. Scout is a private energy producer focused on the acquisition and operation of upstream energy assets and associated midstream infrastructure. The assets are located among prolific legacy fields including the Claytonville, Panhandle Oil & Gas, Slaughter, and Snyder Fields. Scout Clean Energy is a renewable energy developer, owner-operator headquartered in Boulder, Colorado with over 1,200 MW of operating assets. System Installation If you are happy with your quote, book your installation with your installer. 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 . Connor Teskey, CEO of Brookfield Renewable, said: We are thrilled to be putting more dollars to work in our U.S. renewables business. If the document is being acquired/transferred by Guardian of a minor child/person, provide a copy of the document appointing the Guardian along with the court order authorizing the sale of the property (certain restrictions apply to minors). Fund V will employ a similar investment strategy to identify, underwrite, acquire, operate, evaluate, improve and exploit mature producing oil and gas properties that . To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. You will need to notify us of the owner's death and provide a death certificate. 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. 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.. Find related and similar companies as well as employees by title and much more. V&E served as legal advisor to Brookfield Renewable. 13800 Montfort Dr. #100 13 Mid-Con Energy Properties, LLC Credit . View Scout Clean Energy (www.scoutcleanenergy.com) location in Colorado, United States , revenue, industry and description. Our two companies share a mutual passion for renewables and company cultures that recognize and amplify excellence and equity - we are the ideal match.. Scout has expertise in all aspects of renewables project development, permitting, power marketing, finance, construction, 24/7 operations, and asset management. Your 1099 gross amount should agree with the YTD (year to date) totals. If you have more than one owner number, you will receive a Form 1099 for each owner number account. Companies may grow organically or through acquisition. Quinbrook is led and managed by a senior team of power industry professionals who have collectively invested c.US$8.2 billion equity in energy infrastructure assets since the early 1990s, representing a total enterprise value of c.US$28.7 billion or 19.5 GW of power supply capacity. 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.. Email: ownerrelations@scoutep.com The company specializes in leasing, permitting, power marketing, finance, asset management and construction of renewable wind, solar energy and storage projects, enabling clients to provide affordable and clean energy, along with building and . Scout will continue under the Scout Clean Energy brand name as an independent power producer (IPP). Assist General Counsel and VP of Acquisitions in the negotiation . Fax: 214-292-9558 Scout is a portfolio company of Quinbrook Infrastructure Partners. Fees & Compensation. The recent sale of oil and gas infrastructure in Rio Blanco County represents the end of an era for Chevron and the beginning of a new one for Texas-based Scout Energy Partners. Dallas, TX 75240. Mail: Scout Energy 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. All signatures must be signed in the presence of and acknowledged by a Notary Public. John Baschab Managing Director and General Partner All Rights Reserved. Scout Energy is a private energy investment firm that acquires, operates and improves upstream conventional oil and gas properties for institutional investors. The firm prefers to operate assets and has corporate and field operations groups which incorporate and operate acquisitions. "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. If your address has also changed, please provide your new address as well, using the address change form. Scout Clean Energy has acquired in 1 US state. Mail: Scout Energy Note: Supporting document(s) granting authority to an Agent or Attorney-In-Fact must also be provided. 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. Contacts Quinbrook Media Contact: Jennifer Pflieger +1 (212). Scout's business is both the. ", 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. Fax: 214-292-9558 Scout focuses on the acquisition, operation and improvement of upstream energy assets and associated midstream energy infrastructure. Since the firm established its first institutional fund in 2011, it has completed more than 50 acquisitions with over $1.5 billion in acquisition value, according to its website. 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 Investments Inc. now owns 1,987,803 shares of the company's stock valued at . Scout Energy Solutions purpose is to advance cutting edge Thermal Energy Storage and Production technologies. You need to be sure that we have your current address and tax identification number. Provide a copy of the conveyance document properly recorded in the county in which your interest is located to: 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. 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. jpflieger@sloanepr.com, Scout Media Contact: 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. Doing Business As: Scout Energy Partners Company Description: ? The current. 1099 Forms are required by law to be mailed out by January 31st. Quinbrook is currently developing and constructing some of the largest renewables and storage infrastructure projects ever undertaken in the US, UK and Australia. Company . High-quality jobs, payments and tax revenue, energy independence, local manufacturing not to mention a healthier planet. Finally, Scout Investments Inc. grew its position in Chesapeake Energy by 79.1% in the second quarter. It lives in Crockett County, TX. Scout focuses on directly operating mature producing assets with a strong cash flow profile, identifiable operations and production improvement potential and shallow, predictable declines. 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 is a private energy producer focused on the acquisition and operation of upstream energy assets and associated midstream infrastructure. Don't expect HR to stand up for you either. 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 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. 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. Forms to correct either of these are available for you on this website. Also, Brookfield has closed its. Assets are owned and operated in-house through the firms extensive in-house technical, operating and financial staff. 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.. 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. 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. Boulder, CO 80301 We fully expect to see Scout become a very prominent figure in the US renewables landscape in the coming years.. Your account must accumulate a minimum balance of $50.00 in order for a check to be issued. 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. Attention: Owner Relations Brookfield Renewable has agreed to acquire Scout Clean Energy ("Scout") for $1 billion with the potential to invest an additional $350 million to support the business' development activities. So I was pleased about that. 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. Dallas, TX 75240. by editor December 30, 2021. 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. Since its establishment, Scout has completed over 50 acquisitions with over $2 billion in acquisition value. Subscribe Now X We're hiring! 3 million vertical ft. skied annually. The reader should not place undue reliance on forward-looking statements and information as such statements and information involve known and unknown risks, uncertainties and other factors, including the ability of the parties to realize the expected benefits of the acquisition of Scout Clean Energy or Standard Solar, which may cause the actual results, performance or achievements of Brookfield Renewable to differ materially from anticipated future results, performance or achievement expressed or implied by such forward-looking statements and information. Fax: 214-292-9558 Connor Teskey, CEO of Brookfield Renewable, said, 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.. We all win. The Scout and Standard Solar acquisitions follow a string of recent clean energy investments by Brookfield Renewable in North America during 2022, including a $650 million acquisition of Urban Grid, and the exclusive right to invest up to $750 million on a project by project basis with Entropy, and a joint venture with California Resource . The fund may reinvest capital into development projects with high return hurdles and seeks to distribute remaining cash flows to investors. 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. Hours: Monday Friday 8:00 am 5:00 pm Central Standard Time Were looking forward to joining the Brookfield Renewable portfolio, one of the worlds largest renewable energy platforms. 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 December 07,2021 : Scout Energy Management Llc completed the FEE S 2 well in Moore,TX. Periodically Scout may acquire non-operated assets managed by an independent operator, but Scouts core focuses is on the acquisition and exploitation of operated upstream assets and associated midstream infrastructure that generate more conservative, predictable outcomes. Browse the most current issue of Windpower Engineering & Development and back issues in an easy to use high quality format. 13800 Montfort Dr. #100 Need general information about working with Scout? We require a Lost Check Affidavit, signed by you, the owner, in order to take appropriate action. Email: ownerrelations@scoutep.com With the sales completion, Scout. The Scout software designs a solar system based on your actual energy usage. Mergers & Acquisitions Debt Capital Markets Institutional Equities Checking Savings & CDs Derivatives Financing Asset-Based Lending Key Equipment Finance Loans & Lines of Credit Specialty Finance Lending Employee Stock Ownership Plans Payment and Transaction Services Payables Receivables Card Services Key Merchant Services Foreign Exchange Bank of America and KeyBanc Capital Markets acted as Quinbrook and Scout's exclusive financial advisors and Skadden, Arps, Slate, Meagher & Flom LLP served as legal counsel to Quinbrook. Hours: Monday Friday 8:00 am 5:00 pm Central Standard Time The difference could also occur due to the rounding of decimal interests, or one owner may be setup with a different minimum check threshold. Scout Investments Inc. raised its stake in shares of Chesapeake Energy by 79.1% in the second quarter. The duplicate will be faxed or mailed only. Fax: 214-292-9558
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