Diversified Energy and Carlyle Partner for $2 Billion Energy Investment

Deal News | Jun 23, 2025 | The Carlyle Group

Diversified Energy Company PLC and The Carlyle Group have announced a strategic collaboration to invest up to $2 billion in proved developed producing (PDP) natural gas and oil assets in the U.S. This exclusive partnership will leverage Carlyle's expertise in asset-backed finance with Diversified's operational capabilities to acquire and optimize existing long-life energy assets, aiming to generate stable cash flow and capital returns. Carlyle plans to securitize these energy assets, thereby providing sustainable and long-term financing options. This collaboration positions Diversified Energy to enhance its acquisition capabilities and adapt to a consolidating PDP market.

Sectors

  • Energy
  • Financial Services

Geography

  • United States – The investment focuses on energy assets across the United States, emphasizing the geography's significance.

Industry

  • Energy – The article discusses a partnership to invest in natural gas and oil assets, which are crucial components of the energy sector.
  • Financial Services – The Carlyle Group's asset-backed financing and investment strategies are central to this deal, marking its relevance to the financial services sector.

Financials

  • $2 billion – The total investment agreed upon by Carlyle and Diversified Energy to be directed into natural gas and oil assets.

Participants

NameRoleTypeDescription
Diversified Energy Company PLCOperatorCompanyA leading publicly traded energy company focusing on natural gas and liquids production.
The Carlyle GroupInvestorCompanyA global investment firm engaging in asset-backed finance and private capital deployment.
Carlyle Asset-Backed FinanceFinancial AdvisorCompanyA division within Carlyle focused on private fixed income and asset-backed investments.
Rusty Hutson, Jr.CEO of Diversified EnergyPersonCEO of Diversified Energy leading the company's direction and strategy.
Akhil BansalHead of Asset-Backed Finance at CarlylePersonLeads Carlyle's asset-backed finance team, focusing on investment opportunities.