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 said Michael Rucker, CEO and founder of Scout Clean Energy. . Please contact Owner Relations. We look for [wind projects] because in addition to creating more renewable energy and strengthening the local economy, they also make for smart investments. chad@scoutcleanenergy.com. These negative amounts must be subtracted when calculating your total. For more information, please -visit www.scoutcleanenergy.com. Mail: Scout Energy Don't expect HR to stand up for you either. They make their acquisitions off employees backs by cutting their pay. . Scout focuses on the acquisition, operation and improvement of upstream energy assets and associated midstream energy infrastructure. 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 . We fully expect Scout to feature prominently in the US renewables landscape in the coming years.. +1 (901) 331-0779 DBA Scout Energy Partners IV-B, LP DBA Scout Energy Partners V-A, LP DBA Scout Energy Partners V-B, LP. Scout Energy Partners is an upstream energy investment group. Description. 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. Scout hosts a remarkable collective of professionals, and we are proud of all that we have accomplished together. 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. Browse the most current issue of Windpower Engineering & Development and back issues in an easy to use high quality format. The transactions will be invested through the Brookfield Global Transition Fund I (BGTF I), which is the largest fund in the world focused on the energy transition. 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. 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 million, which will be used to accelerate doubling of shareholder returns. High-quality jobs, payments and tax revenue, energy independence, local manufacturing not to mention a healthier planet. It lives in Crockett County, TX. Scout Clean Energy to be Acquired by Brookfield Renewables, Scout Looks to Build on their Growth and Success in the Renewable Energy Space. jpflieger@sloanepr.com, Scout Media Contact: 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. The Bakken assets being sold include approximately 88 wells, located mainly in Richland County, Montana, approximately 30 miles from Ovintivs primary Bakken position. 5775 Flatiron Parkway, Suite 120 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. Learn more at standardsolar.com, LinkedIn and Twitter: @StandardSolar. Clip, share and download with the leading wind power engineering magazine today. 12 GW+ pipeline. This enables our shareholders to directly benefit from these noncore asset sales and our continuing strong performance, McCracken added in the release. Scout Investments Inc. now owns 1,987,803 shares of the company's stock worth $161,211,000 . Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. 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. Scout is actively developing a portfolio of over 22,000 MW of onshore wind, solar PV, and battery storage projects across 24 US states. Were looking forward to joining the Brookfield Renewable portfolio, one of the worlds largest renewable energy platforms. Scout is a private energy producer focused on the acquisition and operation of upstream energy assets and associated midstream infrastructure. Over 130 landowners in regional areas have benefited from long term land lease programs, and local communities hosting Scout projects have benefited from more than 3,400 local jobs supported and over US$240 million in committed financial benefits. Fax: 214-292-9558 Petros Dermetzis November 4, 2019. Scout Investments Inc. now owns 1,987,803 shares of the company's stock valued at . 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. 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. 13800 Montfort Dr. #100 The company said its 2022 capital guidance will remain unchanged. (303) 284-7566. Dallas, TX 75240. ", 120+ people Postal Service and instead will be returned to Scout Energy resulting in your account being suspended. When contacting us via phone at the number above, please have your Owner Number/Business Associate Number/Payee Number ready. To protect your ownership interest, all address changes must be submitted in writing and include the owners signature(s) and your Owner Number(s)/Business Associate Number/Payee Number. Mercer spoke with HT Copyright 2023 WTWH Media LLC. The fund may reinvest capital into development projects with high return hurdles and seeks to distribute remaining cash flows to investors. 1099 Forms are required by law to be mailed out by January 31st. If your name has changed, please provide us your change of name (from and to) with a copy of your marriage certificate, divorce decree (first page and signature pages), or any court document supporting the name change. Scout Clean Energy to be Acquired by Brookfield Renewables. We are thrilled to be putting more dollars to work in our U.S. renewables business. 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 have endured and overcome many challenges together, which marks this venture a resounding success on many levels. Scout will continue under the Scout Clean Energy brand name as an independent power producer (IPP). 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. Attention: Owner Relations Scout focuses on directly operating mature producing assets with a strong cash flow profile, identifiable operations and production improvement potential and shallow, predictable declines. 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. Scout has expertise in all aspects of renewables project development, permitting, power marketing, finance, construction, 24/7 operations, and asset management. 13800 Montfort Dr. #100 Cash returns in the third quarter are anticipated to be delivered through share buybacks. 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. / / Lifetime output: projects in Development, Scout Energy is a private energy investment firm that acquires, operates and improves upstream. Email: ownerrelations@scoutep.com You need to be sure that we have your current address and tax identification number. Dallas, TX 75240. Mail these documents to: M&A Summary Total Sectors Invested Scout Clean Energy LLC 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. Scout focuses on directly operating mature producing assets with a strong cash flow profile, identifiable operations and production improvement potential and shallow, predictable declines. 13800 Montfort Dr. #100 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 . Fax: 214-292-9558 Learn how Scout Clean Energy helps make this possible. 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 . Fees & Compensation. Scout is a portfolio company of Quinbrook Infrastructure Partners. Quinbrook is currently developing and constructing some of the largest renewables and storage infrastructure projects ever undertaken in the US, UK and Australia. Scout Clean Energy has acquired in 1 US state. As organizations face growing business . Connor Teskey, CEO of Brookfield Renewable, said: We are thrilled to be putting more dollars to work in our U.S. renewables business. Scout focuses on directly operating mature producing assets with a strong cash flow profile, identifiable operations and production improvement potential and shallow, predictable declines. It lives in Crockett County, TX. 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. Fund V will employ a similar investment strategy to identify, underwrite, acquire, operate, evaluate, improve and exploit mature producing oil and gas properties that . Additional information can be found here Estate Instructions Check List. Scout is a private energy producer focused on the acquisition and operation of upstream energy assets and associated midstream infrastructure. 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. Scout Energy Partners is a private energy producer based in Dallas TX. The duplicate will be faxed or mailed only. Join Mergr and gain access to Scout Clean Energy's M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the energy services and equipment sector. The accelerated expansion Scout has experienced is a direct result of Quinbrook Infrastructure Partners support and confidence in our business model. Scout has expertise in all aspects of renewables project development, permitting, power marketing, finance, construction, 24/7 operations, and asset management. Attention: Owner Relations 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. Quinbrook sells its portfolio company, Scout Clean Energy, to Brookfield Renewable for c. US$1 billion. 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. Jennifer Pflieger 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. 5775 Flatiron Parkway, Suite 120 Scout Clean Energy Acquisition by Brookfield Renewables Finalized, Scout Looks to Brookfield to Expand on their Growth and Success in the Renewable Energy Space. Your 1099 gross amount should agree with the YTD (year to date) totals. These transactions continue our track record of portfolio optimization, and this means we will double our cash returns to shareholders starting now, Ovintiv CEO Brendan McCracken commented in a company release. Boulder, CO 80301 Payment is made as soon as complete title information is received, but not later than the terms of the lease or state statutes allow. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Were looking forward to joining the Brookfield Renewable portfolio, one of the worlds largest renewable energy platforms. We (other owners) all got paper checks in the mail for Jun 2018 from Scout without having to tell them anything. 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. We underwrote both transactions without the benefit of the Inflation Reduction Act so the additional incentives now available represent a significant boost to each business. Hours: Monday Friday 8:00 am 5:00 pm Central Standard Time Four other small, lesser-known firms, including Terra Energy Partners, Flywheel Energy, Blackbeard Operating, and Scout Energy, were also in the top 10 biggest methane polluters, sitting beside . Mail: Scout Energy How much do Scout Energy Partners employees earn on average in the United States? Dallas, TX 75240, Duplicates can be provided to you by fax or mail, should you misplace your form. Scout Clean Energy LLC (www.scoutcleanenergy.com) is a Boulder, Colorado based wind energy developer. Mail: Scout Energy 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. Email: ownerrelations@scoutep.com 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. For more information, please visit www.scoutcleanenergy.com. Scout focuses on directly operating mature producing assets with a strong cash flow profile, identifiable operations and production improvement potential and shallow, predictable declines. Email: ownerrelations@scoutep.com Scout's management team has together been involved in over 16,000 MW of wind projects from . Email: ownerrelations@scoutep.com Forms to correct either of these are available for you on this website. 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. Our Operating Model Scout is not a traditional energy private equity model, where independent, branded, separately managed portfolio companies each employ a unique strategy. 3 million vertical ft. skied annually. System Installation If you are happy with your quote, book your installation with your installer. 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 difference could also occur due to the rounding of decimal interests, or one owner may be setup with a different minimum check threshold. Both regions are located outside of what the company considers core operating areas, which include the Anadarko, Permian and Montney shale basins. Mail: Scout Energy In 2021, U.S. renewable energy production reached an all-time high. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Meet RNCH-WTG008, our busiest wind turbine. by editor December 30, 2021. 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