Diversified Energy Partners with Carlyle for $2B Energy Investment

Deal News | Jun 23, 2025 | The Carlyle Group

Diversified Energy Company PLC, a publicly traded natural gas and liquids production company, and The Carlyle Group, a global investment firm, have announced a strategic partnership to invest in existing proved developed producing natural gas and oil assets in the United States, totaling up to $2 billion. Carlyle, with its deep expertise in asset-backed finance, will collaborate with Diversified, which will operate and service the acquisitions. This partnership forms during an attractive acquisition market, allowing Diversified to enhance its capital access and pursue strategic acquisitions. The collaboration aims to provide sustainable cash flow, enhance operational scale, and maintain energy security. Carlyle intends to securitize these assets, leveraging its asset-backed finance team to unlock long-term financing.

Sectors

  • Energy
  • Private Equity
  • Asset-Backed Finance

Geography

  • United States – The geographical focus of the investment and asset acquisition strategy in the article.
  • United Kingdom – Home country of Diversified Energy Company PLC, listed on the London Stock Exchange.

Industry

  • Energy – Involves the production and distribution of energy, relevant due to the focus on natural gas and oil assets.
  • Private Equity – Pertains to Carlyle’s involvement as an investment firm providing capital and structuring expertise.
  • Asset-Backed Finance – Relevant due to Carlyle’s strategy of financing through asset securitization.

Financials

  • $2 billion – The amount earmarked for investment in proved developed producing energy assets.
  • $453 billion – Total assets under management by Carlyle as of March 31, 2025.

Participants

NameRoleTypeDescription
Diversified Energy Company PLCOperator and Servicer of Acquired AssetsCompanyA leading publicly traded energy company focused on natural gas and liquids production.
The Carlyle GroupInvestorCompanyA global investment firm deploying private capital across various segments, including global credit.
Rusty Hutson, Jr.CEO of Diversified EnergyPeopleCEO of Diversified Energy, commenting on the strategic partnership with Carlyle.
Akhil BansalHead of Asset-Backed Finance at CarlylePeopleLeads Carlyle's asset-backed finance initiatives, instrumental in the partnership.