For deal sourcers, staying current on private company activity is critical to spotting active buyers, tracking market trends, and uncovering emerging investment opportunities ahead of competitors.
In April alone, we added more than 2,000 new private company transactions, bringing the total to over 22,000 searchable deals across sectors, industries, and transaction types in Dakota Marketplace.
Inside Dakota Marketplace, you’ll find the transactions tab that provides structured, filterable data on deal types, values, and dates, while our editorial team curates daily updates through the dakota transactions newsletter, helping you cut through the noise and focus on what matters most.
To ensure the most comprehensive coverage of private market activity, Dakota monitors over 10,000 websites including company websites, newswires, and numerous third-party news providers to capture and verify transaction data as it happens.
Below are the top energy transactions.
- Transaction Date: 4/27/2026
- Industry: Oil & Gas & Consumable Fuels
- Type: Acquisition / Merger
- Transaction Value: $13.6B
Shell announced a definitive agreement to acquire Canadian energy company ARC Resources for approximately $16.4 billion in enterprise value, comprising 25% cash and 75% Shell shares, gaining ARC's 1.5 million net acres and 370 kboe/d of production in Canada's Montney shale basin. The acquisition establishes Canada as a Shell heartland, increases the supermajor's production CAGR from 1% to 4% through 2030, and is expected to generate approximately $250 million in annualized synergies within a year of closing.
- Transaction Date: 4/14/2026
- Industry: Oil & Gas & Consumable Fuels
- Type: Acquisition / Merger
- Transaction Value: $2.4B
Yancoal Australia agreed to acquire an 80% stake in Australia's Kestrel coking coal mine from EMR Capital and Alamtri Resources for up to $2.4 billion — $1.85 billion upfront plus up to $550 million in deferred payments — gaining the country's largest producing underground coal mine, located in Queensland's Bowen Basin and producing 5.9 million tons in 2025. The acquisition immediately increases Yancoal's metallurgical coal exposure to 22% pro-forma, anchoring its portfolio with premium hard coking coal in strong demand from Asian steelmakers, with closing expected by Q3 2026.
- Transaction Date: 4/16/2026
- Industry: Oil & Gas & Consumable Fuels
- Type: Acquisition / Merger
- Transaction Value: $1.1B
Uranium Royalty Corp announced an arrangement to combine with Sweetwater Royalties, acquiring a 92% interest from Orion Resource Partners and Ontario Teachers' Pension Plan for approximately $1.1 billion in cash and shares of newly formed parent New URC, implying a $1.9 billion enterprise value for Sweetwater. The combination creates the largest publicly traded U.S. non-precious metals royalty platform, pairing Sweetwater's Wyoming soda ash royalties (~$74 million in average annual adjusted EBITDA) with URC's uranium portfolio, with closing expected in early Q3 2026.
- Transaction Date: 4/15/2026
- Industry: Energy Exploration Services
- Type: Real Assets
- Transaction Value: $650M
Spire Inc. announced an agreement to sell its natural gas storage assets to I Squared Capital for $650 million — $600 million in cash at closing plus a $50 million deferred payment in fiscal 2027 — divesting Spire Storage West in Wyoming and Spire Storage Salt Plains in Oklahoma, representing 72 Bcf of combined working gas capacity. The sale sharpens Spire's focus on its core regulated natural gas utilities and helps fund its recently closed acquisition of Piedmont Natural Gas Tennessee, with closing expected in the second half of Spire's fiscal year 2026.
- Transaction Date: 4/9/2026
- Industry: Oil & Gas & Consumable Fuels
- Type: Real Assets
- Transaction Value: $373.8M
Galp agreed to acquire a 351 MW onshore wind portfolio in Spain from Helia Funds — a platform co-sponsored by Plenium Partners and Bankinter Investment — for approximately €320 million (~$345 million) in equity value, gaining 17 operational wind assets generating ~750 GWh per year. The acquisition expands Galp's installed renewable capacity to 2 GW and lifts wind's share of its generation mix to roughly 25%, advancing the company's diversification in the Iberian power market, with closing expected in Q2 2026.
- Transaction Date: 4/21/2026
- Industry: Oil & Gas & Consumable Fuels
- Type: Buyout / Private Equity
- Transaction Value: $56.5M
Hy24 completed its acquisition of a majority stake in Enagás Renovable, raising its shareholding from 30% to 80% — including a 40% interest purchased from Enagás for €48 million (~$52 million) — to gain control of a Spanish renewable hydrogen and biomethane developer with an 850 MW+ project portfolio and eight projects past Final Investment Decision. The acquisition positions Hy24 to capitalize on the Iberian peninsula's role as a clean energy exporter via the H2Med corridor, with Enagás retaining a 20% stake to comply with EU hydrogen network unbundling requirements.
- Transaction Date: 4/20/2026
- Industry: Oil & Gas & Consumable Fuels
- Type: Venture
- Transaction Value: $34M
Rivan, a UK-based synthetic natural gas producer, raised $34 million in a venture funding round led by IQ Capital, with participation from Plural, Fundomo, and angel investors. The funding will deploy Europe's largest SNG plant, open a 50,000 sq ft London manufacturing facility, and double the team to 100, supporting Rivan's vertically integrated process that combines solar-powered electrolysis and direct air capture to produce carbon-neutral natural gas for grid injection.
- Transaction Date: 4/7/2026
- Industry: Oil & Gas & Consumable Fuels
- Type: Venture
- Transaction Value: $2.5M
ECOIL, an India-based used cooking oil collection platform, raised $2.5 million in a Series A funding round led by Fundalogical Ventures, with participation from Caspian Impact Investment, Momentum Capital, and existing investor The Chennai Angels. The funding will scale ECOIL's tech-enabled collection and logistics network, which channels used cooking oil from restaurants, hotels, and food businesses into biofuel and sustainable aviation fuel feedstock production across India.
At Dakota, we understand how important it is to stay current on deal activity as it happens. That’s why our editorial team continuously monitors the news for real-time updates on platform investments, add-ons, divestitures, and more to deliver daily highlights straight to your inbox through our transactions newsletter.
Inside Dakota Marketplace, the transactions tab provides structured, filterable data with deal dates, types, sectors, and financials, allowing you to build a customized feed that aligns with your focus areas.
Whether you're evaluating a new investment opportunity or tracking trends within a target sector, Dakota Marketplace helps you cut through the noise and focus on what matters most.
For more information on these transactions and a deeper dive into their industries and sub-industries, book a demo of Dakota Marketplace.
