Completed and mailed to: Quinbrook sells its portfolio company, Scout Clean Energy, to Brookfield Renewable for c. US$1 billion. 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. Description. As an operator, Scout directly acquires, integrates, operates and improves assets throughout the life. It is what is required to train, move, and sustain forces, weapons, and equipment for military operations. Brookfield will acquire Scout Clean Energy for approximately $1 billion and Standard Solar for approximately $540 million. Mercer spoke with HT Quinbrook is currently developing and constructing some of the largest renewables and storage infrastructure projects ever undertaken in the US, UK and Australia. Brookfield Renewable operates one of the worlds largest publicly traded, pure-play renewable power platforms. Total funding of the company - $288.5M. You will need to email the Direct Deposit request to ownerrelations@scoutep.com Instructions will be sent to you in a reply email. (303) 284-7566. 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. Were looking forward to joining the Brookfield Renewable portfolio, one of the worlds largest renewable energy platforms. 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. 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. 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. We make every attempt to properly account for the volume and the price in accordance with your Lease Agreement and state statutes. John Baschab Managing Director and General Partner 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. You are just a mule to them. 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 . Post the transaction, Ovintiv said it will retain approximately 130,000 largely contiguous net acres in the horizontal oil-rich shale portion of the Uinta play. Scout is actively developing a portfolio of over . Quinbrook Media Contact: Scouts operating projects have generated an estimated 8.5 TWh of carbon-free power to date, avoiding an estimated 6 million tCO2e of carbon emissions based on average grid intensities. Mail: Scout Energy Reach out! Mechanical problems, operational problems, routine maintenance, and even weather conditions may cause a well to have some downtime. The assets include about 3,000 gross vertical wells. When this occurs, the original payment is reversed and the new amount is paid. 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. . Mail: Scout Energy Attention: Owner Relations by editor December 30, 2021. / / Lifetime output: 46398.6MWh Power 27,632T CO2 saved As of April, the combined volumes from the assets being sold totaled approximately 5,000 boe/d, including 4,900 bbl/d of oil and condensate, according to the company release. Last updated: November 14, 2022. 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 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. 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. Reach out! 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. Co-led by former Bank of England Governor and Brookfield Vice Chair, Mark Carney, and Brookfield Renewable CEO, Connor Teskey, BGTF I has raised $15 billion to invest across a range of transition opportunities. 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. In certain states there is a tax allowance for wells that have a high cost for drilling and producing. Scout is a renewable energy developer and asset management company headquartered in Boulder, Colorado. Since its establishment, Scout has completed over 50 acquisitions with over $2 billion in acquisition value. Fund V will employ a similar investment strategy to identify, underwrite, acquire, operate, evaluate, improve and exploit mature producing oil and gas properties that . Individual salaries will, of course, vary depending on the job, department, location, as well as the individual skills and education of each . 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.. Scout targets mature, long-lived existing production primarily in conventional onshore basins throughout the United States. Fax: 214-292-9558 Need general information about working with Scout? 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. Scout has 20 projects under management comprising 1,235 MW, and over 20 GW of projects under development. The current. +1 (901) 331-0779 For more information, please -visit www.scoutcleanenergy.com . 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 Energy Partners pays an average salary of $139,837 and salaries range from a low of $122,008 to a high of $161,541. Scout Clean Energy is a renewable energy developer, owner-operator headquartered in Boulder, Colorado with over 1,200 MW of operating assets. Fees & Compensation. Scout characterizes ECMs using their relative or absolute performance, installed cost, service lifetime, and year of introduction into the market. 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. 13800 Montfort Dr. #100 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. Scout Clean Energy is a renewable energy developer and owner-operator headquartered in Boulder, Colorado with over 1,200 MW of operating assets. Mail: Scout Energy Except as required by law, Brookfield Renewable does not undertake any obligation to publicly update or revise any forward-looking statements or information, whether written or oral, whether as a result of new information, future events or otherwise. Scout focuses on directly operating mature producing assets with a strong cash flow profile, identifiable operations and production improvement potential and shallow, predictable declines. 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. Mail: Scout Energy All signatures must be signed in the presence of and acknowledged by a Notary Public. 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. 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 is designed for institutional limited partners. Scout Energy Partners insights Based on 2 survey responses Areas for improvement Ability to meet personal goals Feeling of personal appreciation Energizing work tasks 4.0 Was an OK experience Production Specialist (Former Employee) - Tulsa, OK - September 12, 2019 Be sure to provide an executed IRS W-9 form of the new payee(s) with your recorded documentation. My overall review of scout Energy Partners is that is a fast-growing company with poor management high expectations. The 1,120 active operated producers . The recorded copy provided must contain a legible registry number and/or book/volume and page. Attention: 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. Brookfield Renewable, together with its institutional partners, announced two further investments in the U.S. renewable energy sector. 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. 13800 Montfort Dr. #100 Scout Energy cannot provide tax advice. Our Operating Model Scout is not a traditional energy private equity model, where independent, branded, separately managed portfolio companies each employ a unique strategy. 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 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 understand that we will only answer inquiries from the individual(s) whose name(s) appear on the account or the owners legally recognized agent. 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. Website: www.scoutep.com 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 . Payment is made as soon as complete title information is received, but not later than the terms of the lease or state statutes allow. We fully expect Scout to feature prominently in the US renewables landscape in the coming years.. Scout Investments Inc. now owns 1,987,803 shares of the company's stock valued at . Standard Solar is powering the nations energy transformation channeling its project development capabilities, financial strength and technical expertise to deliver the benefits of solar, as well as solar + storage, to businesses, institutions, farms, governments, communities and utilities. Email: ownerrelations@scoutep.com 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. 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. Dallas, TX 75240, Duplicates can be provided to you by fax or mail, should you misplace your form. These negative amounts must be subtracted when calculating your total. 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. 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. Several factors contribute to the variance of your check total. Company Awards. Scout has expertise in all aspects of renewables project development, permitting, power marketing, finance, construction, 24/7 operations, and asset management. Scout was acquired by Quinbrook at the start-up stage in 2017 and under Quinbrooks 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 Renewable operates one of the worlds largest publicly traded, pure-play renewable power platforms. An analyst will call you back within 48 hours. Scout Investments Inc. raised its stake in shares of Chesapeake Energy by 79.1% in the second quarter. 1099 Forms are required by law to be mailed out by January 31st. 13800 Montfort Dr. #100 Scout Energy Partners is a private energy producer based in Dallas TX. 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