Copyright 2023 WTWH Media LLC. 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. The assets are located among prolific legacy fields including the Claytonville, Panhandle Oil & Gas, Slaughter, and Snyder Fields. The legal descriptions must correctly describe the properties being conveyed. 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. It accounted . If your address is not correct, your check will not be forwarded by the U.S. For more information, please visit www.scoutcleanenergy.com. 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. 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. Click here for an Address Change Form. These mature, low-decline (~5%) assets have net production of 2,650 boe/d and net cash flow of $1.6 million per month. 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. Scout Clean Energy is a renewable energy developer and owner-operator headquartered in Boulder, Colorado with over 1,200 MW of operating assets. Scout's business is both the. Scout is a portfolio company of Quinbrook Infrastructure Partners. 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. Scout Clean Energy General Information. Use the Analysis Results page to view interactive results . Scout Energy is a private energy investment firm that acquires, operates and improves upstream. 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"). Please review and chose which box resembles your independent situation. Additional information can be found here Estate Instructions Check List. Its headquarters is located at Dallas, Texas, USA. Mail these documents to: The Uinta Basin assets are mature waterflood assets with operating expenses of approximately $35 per boe. Scout's business is both the management of private energy funds and the operation of the oil and gas assets it owns. System Installation If you are happy with your quote, book your installation with your installer. / / Lifetime output: projects in Development, 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.. 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. . 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. Subscribe Now X We're hiring! Although Brookfield Renewable believes that such forward-looking statements and information are based upon reasonable assumptions and expectations, no assurance is given that such expectations will prove to have been correct. Have a specific question? Note: Supporting document(s) granting authority to an Agent or Attorney-In-Fact must also be provided. 2 min read. We all win. In 2021, U.S. renewable energy production reached an all-time high. Were looking forward to joining the Brookfield Renewable portfolio, one of the worlds largest renewable energy platforms. 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 . 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. Assets are owned and operated in-house through the firm's extensive in-house technical, operating and financial staff. jpflieger@sloanepr.com, Scout Media Contact: For more information, please -visit www.scoutcleanenergy.com . Mail: Scout Energy Fax: 214-292-9558 2022 Scout Energy Partners - A PRIVATE ENERGY PRODUCER. Brookfield Renewable also announces today the closing of its acquisition of Standard Solar for consideration of $540 million with the potential to invest an additional $160 million to support the business growth initiatives ($140 million in total net to BEP). 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. 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. Scout Clean Energy LLC (www.scoutcleanenergy.com) is a Boulder, Colorado based wind energy developer. 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 . 13 Mid-Con Energy Properties, LLC Credit . 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.. The amount required by IRS to be reported on the 1099-Misc Form is the gross amount of your checks (before taxes or other deductions). The Bakken assets being sold include approximately 88 wells, located mainly in Richland County, Montana, approximately 30 miles from Ovintivs primary Bakken position. Changes will be made when you submit the required documentation to 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. Need general information about working with Scout? Scout Clean Energy is a renewable energy company that operates and develops wind, solar, and renewable power projects. ", 120+ people December 01,2021 : Scout Energy Management Llc completed the TARRANT COUNTY WATERBOARD 18X well in Wise,TX. 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 focuses on directly operating mature producing assets with a strong cash flow profile, identifiable operations and production improvement potential and shallow, predictable declines. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. It is important that you keep your address current with Scout Energy. Mail: Scout Energy Scout is an owner-operator with expertise in all aspects of renewable. Mail: Scout Energy You are just a mule to them. As properties age, there is a normal trend for production to decline. We have endured and overcome many challenges together, which marks this venture a resounding success on many levels. 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. 13800 Montfort Dr. #100 Scout is a private investment firm, acquiring and operating mid-sized upstream conventional oil and gas properties for. 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. Payments may differ for several reasons: One owner could have Federal Backup Withholding taken from their check, or Non-Resident Tax Laws may create a difference. Scout Investments Inc. raised its stake in shares of Chesapeake Energy by 79.1% in the second quarter. 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 offer the opportunity for our owners to receive their revenue/royalty payment via direct deposit (electronic funds transfer). Scout Clean Energy LLC 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. Our two companies share a mutual passion for renewables and company cultures that recognize and amplify excellence and equity - we are the ideal match.. ECM energy, CO 2, and cost impacts are evaluated for individual ECMs or an ECM portfolio relative to a baseline or "business-as-usual" scenario. When contacting us via phone at the number above, please have your Owner Number/Business Associate Number/Payee Number ready. The firm prefers to operate assets and has corporate and field operations groups which incorporate and operate acquisitions. An analyst will call you back within 48 hours. 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