US-based Swift Current Energy to sell majority ownership to Buckeye Partners and Nala Renewables

Buckeye Partners and Nala Renewables will together acquire a majority stake in Swift Current Energy, a North American clean energy development and investment platform. As part of this transaction, Swift Current Energy’s management team will retain a minority ownership in the company through its holding company, Lookout Ridge Energy Partners. The same team will also remain in place as the company’s management. Through this transaction, Swift Current Energy will accelerate its growth plans while Buckeye and Nala Renewables will invest in a renewable energy platform and participate in energy transition.

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