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Private Equity Firm Boosts Shale Funding In Hunt For Permian Deals
HOUSTON, Jan 4 (Reuters) - Luxe Energy LLC said on Thursday it had received an additional $296 million from its private equity backers to buy and develop acreage in the Permian Basin, the largest U.S. oilfield stretching across Texas and New Mexico. NGP Energy Capital Management is increasing its funding for Luxe and a related company to $820 million, up from a previous commitment of $524 million. Full investment news article
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NGP Energy Technology Partners,
Brookfield Goes Nuclear: Why You Should Watch The Canadian Giant's Restructuring Work
Dominion Energy and Brookfield Asset Management are stepping into the nuclear mess, hoping to buy big assets on the cheap. For real estate and infrastructure giant Brookfield, Thursday's $4.6 billion deal for Toshiba's bankrupt Westinghouse unit highlights its underappreciated restructuring skills. Full investment news article
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Brookfield Asset Management,