This should only occur when a reimbursement of severance tax or other deductions has occurred. Letters of Credit issued under the Facility will be used to support the development . We fully expect to see Scout become a very prominent figure in the US renewables landscape in the coming years.. Total funding of the company - $288.5M. You need to be sure that we have your current address and tax identification number. 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. We fully expect Scout to feature prominently in the US renewables landscape in the coming years.. If you have not received your Form 1099 within two weeks after that date, you may contact Owner Relations to receive a duplicate. 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.. 13800 Montfort Dr. #100 Fax: 214-292-9558 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. Scout is a private energy producer focused on the acquisition and operation of upstream energy assets and associated midstream infrastructure. Of these projects, 8.6 GW have interconnection queue positions and 2,500 MW are in late-stage development with pending construction starts. To connect with Scout Energy Partners employee register on SignalHire. The assets are located among prolific legacy fields including the Claytonville, Panhandle Oil & Gas, Slaughter, and Snyder Fields. Scout has expertise in all aspects of renewables project development, permitting, power marketing, finance, construction, 24/7 operations, and asset management. For more information, please visit www.scoutcleanenergy.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. With the sales completion, Scout. 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. The Bakken assets being sold include approximately 88 wells, located mainly in Richland County, Montana, approximately 30 miles from Ovintivs primary Bakken position. For more information, please visit www.scoutcleanenergy.com. Dallas, TX 75240. . They don't care about employees! Total proceeds received are subject to customary closing adjustments. Mail: Scout Energy Fees & Compensation. Previously, the company had planned to increase cash returns to the 50% level starting Oct. 1. Tailor Made Solution With the recorded consumption data the installer can size a solar system for your. Hours: Monday Friday 8:00 am 5:00 pm Central Standard Time You will need to notify us of the owner's death and provide a death certificate. Scout recently purchased the "Rangely Weber Sand Unit and associated facilities," according to Mike Mercer, Scout's VP of operations. Scout hosts a remarkable collective of professionals, and we are proud of all that we have accomplished together. Owners enrolled in our Direct Deposit Program receive check detail in pdf format free of charge via a secure Internet website 24 hours a day, 7 days a week. Fax: 214-292-9558 Please see the below for a list of commonly asked questions along with the complete list of wells acquired by Urban. 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.. Have a specific question? Fax: 214-292-9558 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. You will need to contact the applicable state(s) to reclaim funds that have been escheated and belong to you. With no other bidders, the company said in. V&E served as legal advisor to Brookfield Renewable. 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. jpflieger@sloanepr.com, Scout Media Contact: Scout characterizes ECMs using their relative or absolute performance, installed cost, service lifetime, and year of introduction into the market. A family member could also have additional interests in other properties. Scout Energy Partners is a private energy producer. 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 is a portfolio company of Quinbrook Infrastructure Partners. These adjustments become necessary for various reasons such as: we were originally provided incorrect production figures (volumes) or pricing from the transporter or gatherer of production and need to correct that information, production may be allocated incorrectly and must be corrected, or a tax rate may have changed. Phone: 972-277-1397 We make every attempt to properly account for the volume and the price in accordance with your Lease Agreement and state statutes. Description. We offer the opportunity for our owners to receive their revenue/royalty payment via direct deposit (electronic funds transfer). 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 . 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. Key Principal: JON PIOT See more contacts Industry: Oil field services, nec , Crude petroleum and natural gas production Printer Friendly View Address: 13800 Montfort Dr Ste 100 Dallas, TX, 75240-4344 United States See other locations Phone: ? Scout Clean Energy LLC (www.scoutcleanenergy.com) is a Boulder, Colorado based wind energy developer. When this occurs, the original payment is reversed and the new amount is paid. 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. Several factors contribute to the variance of your check total. Scout has expertise in all aspects of renewables project development, permitting, power marketing, finance, construction, 24/7 operations, and asset management. Need general information about working with Scout? Scout Clean Energy has acquired in 1 US state. The accelerated expansion Scout has experienced is a direct result of Quinbrook Infrastructure Partners support and confidence in our business model. Email: ownerrelations@scoutep.com Scout is a portfolio company of Quinbrook Infrastructure Partners. 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. In 2021, U.S. renewable energy production reached an all-time high. 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. Scout focuses on directly operating mature producing assets with a strong cash flow profile, identifiable operations and production improvement potential and shallow, predictable declines. Scout Energy is a private energy investment firm that acquires, operates and improves upstream. Scout Clean Energy LLC Over that period, Quinbrook deployed a further US$470 million of equity capital from its managed funds and spearheaded the rapid growth of Scout into a fully integrated developer, owner and operator of a diverse and multi-technology asset portfolio spanning 1,200 MW of operational wind projects in four states, including 400 MW managed on behalf of third parties, and plans to deliver over 22 GW of wind, solar and storage projects across 24 states by the end of this decade. The fund is located in Dallas, Texas, and invests in the United States. Dallas, TX 75240. Scout partners with academic endowments, public and private pension plans, charitable foundations, healthcare systems, insurance and sovereign wealth pools, funds-of-funds and multi- and single-family offices. Changes will be made when you submit the required documentation to Owner Relations. Our team brings decades of renewable wind, solar energy, and storage experience, specializing in leasing, permitting, interconnection, power marketing, finance, asset management and construction. Scout is actively developing a portfolio of over . 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.. Scout Clean Energy is a renewable energy company that operates and develops wind, solar, and renewable power projects. 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. Fax: 214-292-9558 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 The firm could. 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. The effective date must be listed if different from the document date; all dates must be legible. . means (a) that certain Purchase and Sale Agreement, dated February 15, 2019, by and between the Borrower, as Buyer, and Scout Energy Group IV, LP, Scout Energy Partners IV-A, LP, Scout Energy Group I, LP, and Scout Energy Partners I-A, LP, as Sellers (as amended or otherwise modified prior to the Amendment No. Scout has expertise in all aspects of renewables project development, permitting, power marketing, finance, construction, 24/7 operations, and asset management. BCE-Mach III . 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"). M&A Summary Total Sectors Invested Attention: Owner Relations Scout targets mature, long-lived existing production primarily in conventional onshore basins throughout the United States. 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. 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. DBA Scout Energy Partners IV-B, LP DBA Scout Energy Partners V-A, LP DBA Scout Energy Partners V-B, LP. The company specializes in leasing, permitting, power marketing, finance, asset management and construction of renewable wind, solar energy and storage projects, enabling clients to provide affordable and clean energy, along with building and . Dallas, TX 75240. 2022 Scout Energy Partners - A PRIVATE ENERGY PRODUCER. The fund may reinvest capital into development projects with high return hurdles and seeks to distribute remaining cash flows to investors. Today the Scout team has over 830 headquarters and field staff, 2023 Scout Energy Partners - A PRIVATE ENERGY PRODUCER. 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. It lives in Crockett County, TX. 13800 Montfort Dr. #100 Scout Energy Solutions purpose is to advance cutting edge Thermal Energy Storage and Production technologies. The Scout software designs a solar system based on your actual energy usage. Cautionary Statement Regarding Forward-looking Statements. If you feel that there is a problem with your check, please contact Owner Relations. Reach out! Fax: 214-292-9558 / / Lifetime output: 46398.6MWh Power 27,632T CO2 saved 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 . Attention: Owner Relations Scout Energy Partners is an upstream energy investment group. 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. Mail: Scout Energy Phone: 972-277-1397 13800 Montfort Dr. #100 +1 (212) 446-1866 Dallas, TX 75240. Fund V will employ a similar investment strategy to identify, underwrite, acquire, operate, evaluate, improve and exploit mature producing oil and gas properties that . Fax: 214-292-9558 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. We have exceeded our plans for investor value creation by sponsoring Scout from its infancy, and now is the right time for us to hand the business on for its next growth chapter. Quinbrook is currently developing and constructing some of the largest renewables and storage infrastructure projects ever undertaken in the US, UK and Australia. (303) 284-7566. (303) 284-7566. Scout Energy is a private energy investment firm that acquires, operates and improves upstream conventional oil and gas properties for institutional investors. Mechanical problems, operational problems, routine maintenance, and even weather conditions may cause a well to have some downtime. 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. Scout Clean Energy LLC Dallas, TX 75240, IRS regulations require payors to withhold 24 percent of the gross proceeds from any payee who has not provided a Social Security Number or Employer Identification Number. Quinbrook sells its portfolio company, Scout Clean Energy, to Brookfield Renewable for c. US$1 billion. Use the Analysis Results page to view interactive results . The interest may be suspended pending receipt of appropriate transfer documents. Meet RNCH-WTG008, our busiest wind turbine. For more information, please -visit www.scoutcleanenergy.com . Mail: Scout Energy All signatures must be signed in the presence of and acknowledged by a Notary Public. Boulder, CO 80301 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. Scout will continue under the Scout Clean Energy brand name as an independent power producer (IPP). 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. Scout has 20 projects under management comprising 1,235 MW, and over 20 GW of projects under development. 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. . 1099 Forms are required by law to be mailed out by January 31st. Please review and chose which box resembles your independent situation. Were looking forward to joining the Brookfield Renewable portfolio, one of the worlds largest renewable energy platforms. 2 min read. Postal Service and instead will be returned to Scout Energy resulting in your account being suspended. Scout Energy Management LLC. The Well flowed 0.034 MMcf of gas . Email: ownerrelations@scoutep.com ", 120+ people Our primary operating office is in Houston, Texas. VC / Private Equity . Need general information about working with Scout? 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. The 1,120 active operated producers . "We are delighted that Evergy has agreed to purchase Persimmon from Scout which will serve Evergy's renewable energy plans well over the coming years. 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. Reach out! High-quality jobs, payments and tax revenue, energy independence, local manufacturing not to mention a healthier planet. 13800 Montfort Dr. #100 The company will invest up to $2 billion in this acquisition October 03 Solar Brookfield Renewable, an owner, operator, and developer of renewable power, has agreed to acquire Scout Clean Energy, a renewable energy developer, for $1 billion with the potential to invest an additional $350 million to support the business development activities. Scout is a private energy producer, focused on the acquisition of upstream energy assets and associated midstream infrastructure. Our two companies share a mutual passion for renewables and company cultures that recognize and amplify excellence and equity we are the ideal match, said Scott Wiater, president and CEO of Standard Solar. Attention: Owner Relations 13800 Montfort Dr. #100 BOULDER, Colo., March 17, 2022 /PRNewswire/ -- Scout Clean Energy ("Scout"), a Colorado based renewable energy developer, owner, and operator, is pleased to announce the closing of a $250 million . See Advisors At This Firm. Scout focuses on the acquisition, operation and improvement of upstream energy assets and associated midstream energy infrastructure. Typical Scout assets are in well-established producing basins, characterized by diverse wellbores, shallow production curves and existing cash flow. Scout Energy Partners is a private energy producer based in Dallas TX. 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). Note: Supporting document(s) granting authority to an Agent or Attorney-In-Fact must also be provided. 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. Your 1099 gross amount should agree with the YTD (year to date) totals. Mail: Scout Energy Mail: Scout Energy Scout Energy Partners V is a 2019 vintage oil and gas fund managed by Scout Energy Partners. We (other owners) all got paper checks in the mail for Jun 2018 from Scout without having to tell them anything. Click here for an Address Change Form. Also, Brookfield has closed its. Boulder, CO 80301 With the leadership of David and his team, Scout has been able to rapidly expand its diverse pipeline of wind, solar and battery storage projects across the United States. Scout's business is both the management of private energy funds and the operation of the oil and gas assets it owns. Dallas, TX 75240. Day-to-day operations are managed by Scout employees and field-level staff. 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. Mail: Scout Energy If the document is being acquired/transferred by Guardian of a minor child/person, provide a copy of the document appointing the Guardian along with the court order authorizing the sale of the property (certain restrictions apply to minors). 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). 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. Cash returns in the third quarter are anticipated to be delivered through share buybacks. 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. Attention: Owner Relations 5775 Flatiron Parkway, Suite 120 Email: ownerrelations@scoutep.com 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. The effective date of both sales is April 1. In some cases apparently high growth rates may be caused by data that weren't available in previous years. Email: ownerrelations@scoutep.com Scout Clean Energy acquires utility-scale solar project in Illinois The acquisition of the $400m Blue Sky Project follows closely on the heels of Scout's announced purchase of a 112 MW solar project in Missouri. Scout is a private investment firm, acquiring and operating mid-sized upstream conventional oil and gas properties for. As properties age, there is a normal trend for production to decline. Evolving to offer the best of both worlds. 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 . 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