Diversified Energy, Carlyle to invest up to $2B in PDP energy assets

Diversified Energy (DEC) and Carlyle (CG) have announced a strategic partnership to invest in up to $2B in existing proved developed producing natural gas and oil assets across the United States. This exclusive partnership will combine Carlyle’s credit and structuring expertise with Diversified’s operating capabilities and business model. The partnership enhances Diversified’s access to capital in an acquisition market. Under the terms of the agreement, Diversified will serve as the operator and servicer of the newly acquired assets. As investments occur, Carlyle intends to pursue opportunities to securitize these assets, seeking to unlock long-term, resilient financing for this critical segment of the nation’s energy infrastructure.