We are thrilled to be putting more dollars to work in our U.S. renewables business. This will be a custom quotation based on real consumption data. You will need to contact the applicable state(s) to reclaim funds that have been escheated and belong to you. The effective date of both sales is April 1. Scout is actively developing a portfolio of over . Scout Clean Energy is a renewable energy developer, owner-operator headquartered in Boulder, Colorado with over 1,200 MW of operating assets. 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. +1 (212) 446-1866 Let us know if there is a change of address. It lives in Crockett County, TX. Mechanical problems, operational problems, routine maintenance, and even weather conditions may cause a well to have some downtime. Scout is a software program for estimating the national energy and CO 2 impacts of building energy efficiency measures* Read more . The company said its 2022 capital guidance will remain unchanged. A family member could also have additional interests in other properties. Scout's business is both the. View Scout Clean Energy (www.scoutcleanenergy.com) location in Colorado, United States , revenue, industry and description. Several factors contribute to the variance of your check total. For more information, please -visit www.scoutcleanenergy.com. An analyst will call you back within 48 hours. You will need to contact your tax advisor regarding questions concerning your tax return. 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 . 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 This should only occur when a reimbursement of severance tax or other deductions has occurred. DOT Pipeline Specialist - Job Description. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media Privacy Policy | Advertising | About Us, Wind Spotlight: RAD Torque debuts its latest battery-powered torque wrench, DOI to update regulations and fast-track offshore wind development, Duke Energy puts 207-MW wind project in operation in Iowa, Basin Electric Power Cooperative signs PPA on 200-MW Engie wind project, DOE to award nearly $3 million to U.S. small-scale wind R&D. 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. Dallas, TX 75240. Email: ownerrelations@scoutep.com V&E served as legal advisor to Brookfield Renewable. 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. In 2021, U.S. renewable energy production reached an all-time high. Define Scout (OK) Acquisition Documents. Scout is designed for institutional limited partners. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. / / Lifetime output: 46398.6MWh Power 27,632T CO2 saved The requirements for ownership transfer due to death vary by state and are dependent on whether or not the decedent had a will and/or may require probate. Fund V will employ a similar investment strategy to identify, underwrite, acquire, operate, evaluate, improve and exploit mature producing oil and gas properties that . 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 . DBA Scout Energy Partners IV-B, LP DBA Scout Energy Partners V-A, LP DBA Scout Energy Partners V-B, LP. 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). With no other bidders, the company said in. Our team brings decades of renewable wind, solar energy, and storage experience, specializing in leasing, permitting, interconnection, power marketing, finance, asset management and construction. Total proceeds received are subject to customary closing adjustments. Scouts pipeline has grown rapidly since 2019, in particular, and has achieved 65 percent year-on-year growth in scale over that period. Our two companies share a mutual passion for renewables and company cultures that recognize and amplify excellence and equity - we are the ideal match.. (303) 284-7566. Scout Clean Energy LLC Scout is not a traditional energy private equity model, where independent, branded, separately managed portfolio companies each employ a unique strategy. You are just a mule to them. 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. If your address is not correct, your check will not be forwarded by the U.S. Need general information about working with Scout? Copyright 2023 WTWH Media LLC. 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. Phone: 972-277-1397 The Scout and Standard Solar acquisitions are the latest in a series of clean energy investments by Brookfield Renewable in North America during 2022, including: Urban Grid : $650 million acquisition of a solar and battery storage developer with a development pipeline of 20,000 MW of utility-scale solar and energy storage projects in the Umid . Scout Clean Energy has acquired in 1 US state. 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. by editor December 30, 2021. Lease Sales Attention: Owner Relations This news release contains forward-looking statements and information within the meaning of applicable securities laws. For more information, please visit www.scoutcleanenergy.com. Scout has expertise in all aspects of renewables project development, permitting, power marketing, finance, construction, 24/7 operations, and asset management. Learn more at standardsolar.com, LinkedIn and Twitter: @StandardSolar. Fax: 214-292-9558 13800 Montfort Dr. #100 Scout targets mature, long-lived existing production primarily in conventional onshore basins throughout the United States. If you feel that there is a problem with your check, please contact Owner Relations. If you have not received your Form 1099 within two weeks after that date, you may contact Owner Relations to receive a duplicate. 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. We fully expect to see Scout become a very prominent figure in the US renewables landscape in the coming years.. Last updated: November 14, 2022. Cautionary Statement Regarding Forward-looking Statements. 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.. Mail: Scout Energy 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 has expertise in all aspects of renewables project development, permitting, power marketing, finance, construction, 24/7 operations, and asset management. 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). The Company's most targeted sectors include renewable energy (100%). The assets include about 3,000 gross vertical wells. Browse the most current issue of Windpower Engineering & Development and back issues in an easy to use high quality format. 13800 Montfort Dr. #100 12 GW+ pipeline. 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. 5775 Flatiron Parkway, Suite 120 Don't expect HR to stand up for you either. Hours: Monday Friday 8:00 am 5:00 pm Central Standard Time Scout focuses on directly operating mature producing assets with a strong cash flow profile, identifiable operations and production improvement potential and shallow, predictable declines. +1 (901) 331-0779 Phone: 972-277-1397 Reach out! Provide a copy of the conveyance document properly recorded in the county in which your interest is located to: 13800 Montfort Dr. #100 Were looking forward to joining the Brookfield Renewable portfolio, one of the worlds largest renewable energy platforms. Dallas, TX 75240. 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 . . 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. Fax: 214-292-9558 The difference could also occur due to the rounding of decimal interests, or one owner may be setup with a different minimum check threshold. Developer and operator of wind, solar and renewable power projects based in Boulder, Colorado. On April 19, 2021, KeyBanc Capital Markets ("KBCM") successfully closed a $50 million Senior Secured Letter of Credit Facility (the "Facility") supported by a portion of Scout Clean Energy's ("Scout") operating wind portfolio (the "Portfolio"). It accounted . Have a specific question? Scout is developing a MW portfolio of over 24,000 MW of wind, solar and energy storage projects across 22 U.S. states. Dallas, TX 75240. Including your Owner Number(s)/Business Associate Number/Payee Number is necessary to complete this process. 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"). Boulder, CO (December 16, 2022) -- Scout Clean Energy (Scout), a national utility-scale renewable energy developer-owner-operator, announced today that Brookfield Renewable (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC), together with its institutional partners have finalized a Purchase and Sale Agreement (PSA) with Quinbrook Infrastructure Partners assuming full control of Scout and all its assets for $1 billion dollars with the potential to invest in the near term an additional $350 million to support the business development activities ($270 million in total net to BEP). jpflieger@sloanepr.com, Scout Media Contact: Your account must accumulate a minimum balance of $50.00 in order for a check to be issued. Email: ownerrelations@scoutep.com 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. 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. BofA Securities, Inc. served as lead financial advisor and KeyBanc Capital Markets Inc. served as financial advisor to Quinbrook on the sale of Scout and Skadden, Arps, Slate, Meagher & Flom LLP acted as external legal counsel to Quinbrook. 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. Fax: 214-292-9558 Reach out! The effective date must be listed if different from the document date; all dates must be legible. The Bakken assets being sold include approximately 88 wells, located mainly in Richland County, Montana, approximately 30 miles from Ovintivs primary Bakken position. These negative amounts must be subtracted when calculating your total. Scout hosts a remarkable collective of professionals, and we are proud of all that we have accomplished together. Scout focuses on directly operating mature producing assets with a strong cash flow profile, identifiable operations and production improvement potential and shallow, predictable declines. Attention: Owner Relations BCE-Mach III . To date, the firm has grown to over $2 billion in acquisitions and produces over 110,000 boepd across 4+ million acres from 660+ mmboe of reserves. Attention: Owner Relations Scout Clean Energy is a renewable energy developer and owner-operator headquartered in Boulder, Colorado with over 1,200 MW of operating assets. Fax: 214-292-9558 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. (303) 284-7566. Company . Finally, Scout Investments Inc. grew its position in Chesapeake Energy by 79.1% in the second quarter. Assist General Counsel and VP of Acquisitions in the negotiation . 13800 Montfort Dr. #100 The fund may reinvest capital into development projects with high return hurdles and seeks to distribute remaining cash flows to investors. Scout Clean Energy to be Acquired by Brookfield Renewables, Scout Looks to Build on their Growth and Success in the Renewable Energy Space. 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.. Find related and similar companies as well as employees by title and much more. 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. Doing Business As: Scout Energy Partners Company Description: ? We look for [wind projects] because in addition to creating more renewable energy and strengthening the local economy, they also make for smart investments. Both Scout and Standard Solar will continue to operate as independent businesses within the Brookfield Renewable U.S. platform. Sharon Henning, Jackson County Chamber of Commerce. 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. As organizations face growing business . Overview. Scout hosts a remarkable collective of professionals, and we are proud of all that we have accomplished together. Scout is a portfolio company of Quinbrook Infrastructure Partners (Quinbrook), a global investment manager specializing in lower carbon and renewable energy infrastructure. The assets are located among prolific legacy fields including the Claytonville, Panhandle Oil & Gas, Slaughter, and Snyder Fields. Fax: 214-292-9558 Fees & Compensation. 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. 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. 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. Phone: 972-277-1397 The company issued filings that it raised $318.25m through Scout Energy Partners III-A, LP and Scout Energy Partners III-B, LP on April 29, 2016. The accelerated expansion Scout has experienced is a direct result of Quinbrook Infrastructure Partners support and confidence in our business model. chad@scoutcleanenergy.com. We have far exceeded our plans for investor value creation in sponsoring Scout from its infancy and now is the right time for us to hand the business on for its next growth chapter. 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. Building on 18 years of sustainable growth and in-house funding and tax equity investment capital, Standard Solar is a national leader in the development, funding and long-term ownership and operation of commercial and community solar assets. Quinbrook Media Contact: To provide a Social Security Number or Employer Identification Number, Form W-9 may be downloaded here. 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. Meet RNCH-WTG008, our busiest wind turbine. Also, Brookfield has closed its. As properties age, there is a normal trend for production to decline. 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. Cash returns in the third quarter are anticipated to be delivered through share buybacks. Scout is a private energy producer, focused on the acquisition of upstream energy assets and associated midstream infrastructure. 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 ($270 million in total net to BEP). Be scout energy acquisition when calculating your total Energy ( 100 % ) sectors include renewable Energy developer owner-operator... No other bidders, the company said its 2022 capital guidance will remain unchanged Scout! Applicable securities laws the negotiation two weeks after that date, you may contact Owner to. 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