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Announced

Completed

Liberty Energy completed the acquisition of Siren Energy for $78m.

Financials

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Transaction Value£62m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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natural gas

Friendly

Majority

Integrated Oil and Gas

Single Bidder

Domestic

Completed

Acquisition

United States

Private

CNG

pipeline pumpdown services

lower emission fuels

Synopsis

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Liberty Energy, an oilfield services firm, completed the acquisition of Siren Energy, a Permian focused integrated natural gas compression and CNG delivery busines, for $78m. “Liberty’s digiTechnologiesSM bring the highest thermal efficiency and lowest emissions solutions to the market. As we lead this technology transition, owning power generation and now the natural gas fuel supply for our fleets ensures execution at the highest level. LPI adds another critical component to our vertical integration strategy, alongside Liberty’s sand, logistics, design and manufacturing capabilities," Chris Wright, Liberty CEO.

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