Dallas, TX 75240. 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. Attention: Owner Relations 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. 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. 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 Grid, and the exclusive right to invest up to $750 million on a project by project basis with Entropy, and a joint venture with California Resource . Mail: Scout Energy Provide a copy of the conveyance document properly recorded in the county in which your interest is located to: Please remember that it is our policy to not discuss any other owners interest even if they are a family member for security purposes. Scout is excited to complete the PSA with Brookfield prior to the end of the year, said Michael Rucker, CEO and founder of Scout Clean Energy. 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. DOT Pipeline Specialist - Job Description. The difference could also occur due to the rounding of decimal interests, or one owner may be setup with a different minimum check threshold. Scout Clean Energy is a renewable energy developer and owner-operator headquartered in Boulder, Colorado with over 1,200 MW of operating assets. In certain states there is a tax allowance for wells that have a high cost for drilling and producing. 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. 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 require a Lost Check Affidavit, signed by you, the owner, in order to take appropriate action. V&E served as legal advisor to Brookfield Renewable. Mail: Scout Energy Fees & Compensation. When this reduction is allowable, we reimburse the owner for severance taxes that have been withheld. +1 (212) 446-1866 All signatures must be signed in the presence of and acknowledged by a Notary Public. 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. December 07,2021 : Scout Energy Management Llc completed the FEE S 2 well in Moore,TX. Also, Brookfield has closed its. 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 million, which will be used to accelerate doubling of shareholder returns. 5775 Flatiron Parkway, Suite 120 Brookfield Renewable operates one of the worlds largest publicly traded, pure-play renewable power platforms. You will need to contact the Owner Relations Department. Scout is a private energy producer, focused on the acquisition of upstream energy assets and associated midstream infrastructure. You will need to contact your tax advisor regarding questions concerning your tax return. The Well flowed 0.63 MMcf of gas . Bank of America and KeyBanc Capital Markets acted as Quinbrook and Scout's exclusive financial advisors and Skadden, Arps, Slate, Meagher & Flom LLP served as legal counsel to Quinbrook. Subscribe Now X We're hiring! Learn more about the launch of our publicly listed pure-play Alternative Asset Manager. Mergers & Acquisitions Debt Capital Markets Institutional Equities Checking Savings & CDs Derivatives Financing Asset-Based Lending Key Equipment Finance Loans & Lines of Credit Specialty Finance Lending Employee Stock Ownership Plans Payment and Transaction Services Payables Receivables Card Services Key Merchant Services Foreign Exchange 13800 Montfort Dr. #100 Scout Clean Energy is a renewable energy company that operates and develops wind, solar, and renewable power projects. Learn more at standardsolar.com, LinkedIn and Twitter: @StandardSolar. The firm could. 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. They don't care about employees! 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 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. Our primary operating office is in Houston, Texas. 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. Brookfield, News, Sept. 29, 2022 (GLOBE NEWSWIRE) -- Brookfield Renewable (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC), together with its institutional partners, announces two further investments in the U.S. renewable energy sector. Dallas, TX 75240. The legal descriptions must correctly describe the properties being conveyed. 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. 13800 Montfort Dr. #100 The Scout software designs a solar system based on your actual energy usage. Day-to-day operations are managed by Scout employees and field-level staff. The Uinta Basin assets are mature waterflood assets with operating expenses of approximately $35 per boe. The assets are located among prolific legacy fields including the Claytonville, Panhandle Oil & Gas, Slaughter, and Snyder Fields. Fax: 214-292-9558 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. 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"). Brookfield To Invest Up To $2 Billion In Scout Clean Energy And Standard Solar - Standard Solar Company What We Do Partners Projects News Get Started Subscribe to our Monthly Newsletter To receive our latest company news, insights from our experts and key policy updates every month. For more information, please -visit www.scoutcleanenergy.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. 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. The Bakken assets being sold include approximately 88 wells, located mainly in Richland County, Montana, approximately 30 miles from Ovintivs primary Bakken position. Scout Energy Management Llc is currently un-ranked in the state of Kansas based on a total production of 167,380,133 barrel of oil equivalent (BOE) reported during the month of 07-01-2022. Assets are owned and operated in-house through the firms extensive in-house technical, operating and financial staff. / / Lifetime output: projects in Development, 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. Fax: 214-292-9558 Website: www.scoutep.com Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. The acquisition, expected to close in June 2021, also includes two gas gathering and processing assets located in Southern Oklahoma. 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: ? Postal Service and instead will be returned to Scout Energy resulting in your account being suspended. Scout is developing a MW portfolio of over 24,000 MW of wind, solar and energy storage projects across 22 U.S. states. You need to be sure that we have your current address and tax identification number. Fax: 214-292-9558 . Reach out! Occasionally adjustments must be made on revenues previously paid to you. The effective date of both sales is April 1. The Well flowed 0.034 MMcf of gas . Scout Clean Energy to be Acquired by Brookfield Renewables, Scout Looks to Build on their Growth and Success in the Renewable Energy Space. We all win. Brookfield owns and operates an almost 65,000 MW diversified portfolio of renewables in the U.S., One of the largest clean power businesses in the country. If you have more than one owner number, you will receive a Form 1099 for each owner number account. So I was pleased about that. 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. December 30, 2021 Anne Fischer Acquisitions Markets & Policy Illinois United States Image: Blue Sky Solar Share The Scout Energy Partners annual revenue is estimated at < 1M. 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. Scout focuses on acquiring, operating, and improving upstream energy assets and associated midstream energy infrastructure. Please see the below for a list of commonly asked questions along with the complete list of wells acquired by Urban. 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 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. 13800 Montfort Dr. #100 We (other owners) all got paper checks in the mail for Jun 2018 from Scout without having to tell them anything. Fax: 214-292-9558 These documents must be recorded in the county and state where the interest resides and mailed to: 13 Mid-Con Energy Properties, LLC Credit . Previously, the company had planned to increase cash returns to the 50% level starting Oct. 1. We look for [wind projects] because in addition to creating more renewable energy and strengthening the local economy, they also make for smart investments. We make every attempt to properly account for the volume and the price in accordance with your Lease Agreement and state statutes. Attention: Owner Relations Find related and similar companies as well as employees by title and much more. When this occurs, the original payment is reversed and the new amount is paid. Scout Energy Partners is a private energy producer based in Dallas TX. 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. Please review and chose which box resembles your independent situation. We fully expect Scout to feature prominently in the US renewables landscape in the coming years.. Internet Explorer presents a security risk. Developer and operator of wind, solar and renewable power projects based in Boulder, Colorado. 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. 13800 Montfort Drive, Suite 100, Dallas, TX(972) 277-1373 Website. / / Lifetime output: 46398.6MWh Power 27,632T CO2 saved Scout recently purchased the "Rangely Weber Sand Unit and associated facilities," according to Mike Mercer, Scout's VP of operations. Clip, share and download with the leading wind power engineering magazine today. 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. Scout's management team has together been involved in over 16,000 MW of wind projects from . Mail: Scout Energy 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). We underwrote both transactions without the benefit of the Inflation Reduction Act so the additional incentives now available represent a significant boost to each business. Sharon Henning, Jackson County Chamber of Commerce. Several factors contribute to the variance of your check total. This is to protect the confidentiality of information regarding your account. Our Operating Model Scout is not a traditional energy private equity model, where independent, branded, separately managed portfolio companies each employ a unique strategy. 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. Scout has expertise in all aspects of renewables project development, permitting, power marketing, finance, construction, 24/7 operations, and asset management. Brookfield will acquire Scout Clean Energy for approximately $1 billion and Standard Solar for approximately $540 million. Email: ownerrelations@scoutep.com Let us know if there is a change of address. Scout Clean Energy LLC Scout is an owner-operator with expertise in all aspects of renewable. by editor December 30, 2021. Email: ownerrelations@scoutep.com We offer the opportunity for our owners to receive their revenue/royalty payment via direct deposit (electronic funds transfer). Our team brings decades of renewable wind, solar energy, and storage experience, specializing in leasing, permitting, interconnection, power marketing, finance, asset management and construction. Please provide your Owner Number(s)/Business Associate Number/Payee Number and verify the mailing address. It is what is required to train, move, and sustain forces, weapons, and equipment for military operations. This should only occur when a reimbursement of severance tax or other deductions has occurred. 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. Scout Clean Energy General Information. Of these projects, 8.6 GW have interconnection queue positions and 2,500 MW are in late-stage development with pending construction starts. 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. They make their acquisitions off employees backs by cutting their pay. Finally, Scout Investments Inc. grew its position in Chesapeake Energy by 79.1% in the second quarter. Scout is a private energy producerfocused on the acquisition and operation of upstream energy assets and associated midstream infrastructure. Define Scout (OK) Acquisition Documents. An analyst will call you back within 48 hours. 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. If your address has also changed, please provide your new address as well, using the address change form. Scout is actively developing a portfolio of over 22,000 MW of onshore wind, solar PV, and battery storage projects across 24 US states. 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. 13800 Montfort Dr. #100 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. 75244 972-277-1397 It accounted . 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. If you have not received your Form 1099 within two weeks after that date, you may contact Owner Relations to receive a duplicate. This documentation must be recorded in the county where the property is located in order for us to change the owner name. Were looking forward to joining the Brookfield Renewable portfolio, one of the worlds largest renewable energy platforms. With a strong outlook for the future, renewable energy production is expected to be one quarter or 25% of U.S. power generation by 2025. Jennifer Pflieger 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. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. David Scaysbrook, Co-founder and Managing Partner of Quinbrook commented, Building Scout from a start-up into the significant and successful business it is today has been a five-year long commitment by the Quinbrook team working in a close partnership with Michael and the Scout management team. Scout Clean Energy has acquired in 1 US state. When a correction is necessary, it could result in a negative or positive effect on your check. Its headquarters is located at Dallas, Texas, USA. A family member could also have additional interests in other properties. 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. The accelerated growth Scout has experienced is a direct result of Quinbrooks support and confidence in our business model. Changes will be made when you submit the required documentation to Owner Relations. Copyright 2023 WTWH Media LLC. Total funding of the company - $288.5M. My overall review of scout Energy Partners is that is a fast-growing company with poor management high expectations. Quinbrook sells its portfolio company, Scout Clean Energy, to Brookfield Renewable for c. US$1 billion. Scout is a portfolio company of Quinbrook Infrastructure Partners. Quinbrook is led and managed by a senior team of power industry professionals who have collectively invested c.USD 8.2 billion equity in energy infrastructure assets since the early 1990s, representing a total enterprise value of c.USD 28.7 billion or 19.5 GW of power supply capacity. 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 Solutions purpose is to advance cutting edge Thermal Energy Storage and Production technologies. 2 min read. private energy fund, institutional investors, asset acquisition & divestiture: SIC Code: 1389: DMA Code: Dallas-fort . Scout is a private energy producer, focused on the acquisition of upstream energy assets and associated midstream infrastructure. We underwrote both transactions without the benefit of the Inflation Reduction Act so the additional incentives now available represent a significant boost to each business, said Connor Teskey, CEO of Brookfield Renewable. 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 Have a specific question? David Scaysbrook, co-founder and Managing Partner of Quinbrook commented, Building Scout from a start-up into the significant and successful business it is today has been a five-year long commitment by the Quinbrook team working in a close partnership with Michael and Scout management. Attention: Owner Relations Total proceeds received are subject to customary closing adjustments. Cautionary Statement Regarding Forward-looking Statements. Phone: 972-277-1397 We are thrilled to be putting more dollars to work in our U.S. renewables business. Scout Clean Energy Acquisition by Brookfield Renewables Finalized, Scout Looks to Brookfield to Expand on their Growth and Success in the Renewable Energy Space. 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 . This column includes but is not limited to costs associated with gathering, transporting, dehydrating, and processing oil and gas. 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. Have a specific question? 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. 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 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.

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