Sign in Subscribe
Energy industries

Diversified Energy and Carlyle Enter Strategic Partnership to Invest in Up to $2 Billion of PDP Energy Assets

Strategic Insights

— 2 min read

Diversified Energy Company PLC, a leading publicly traded natural gas and liquids production company, and global investment firm Carlyle have announced a strategic partnership to invest in up to $2 billion in existing proved developed producing (PDP) natural gas and oil assets across the United States. This partnership combines Carlyle's deep credit and structuring expertise with Diversified's market-leading operating capabilities and differentiated business model of acquiring and optimizing portfolios of existing long-life oil and gas assets to generate reliable production and consistent cash flow.

Key Takeaways:

  • The strategic partnership between Diversified Energy and Carlyle will invest up to $2 billion in existing PDP natural gas and oil assets across the United States.
  • Carlyle will provide $2 billion in capital to Diversified Energy, which will serve as the operator and servicer of the newly acquired assets.
  • The partnership will enhance Diversified's access to capital in an attractive acquisition market and allow the company to pursue strategic acquisitions in a highly compelling environment for PDP asset consolidation.
  • Diversified's CEO, Rusty Hutson, Jr., stated that the partnership will enable the company to capitalize on trends related to operational scale and efficiency, while generating sustainable cash flow and value for shareholders.
  • Akhil Bansal, Head of Asset-Backed Finance at Carlyle, emphasized that the partnership underscores Carlyle's ability to originate differentiated investment opportunities through proprietary sourcing channels and seek access to stable, yield-oriented energy exposure.
  • Carlyle Asset-Backed Finance (ABF) has deployed approximately $8 billion since 2021 and has approximately $9 billion in assets under management as of March 31, 2025.
  • Diversified Energy is a leading publicly traded energy company focused on natural gas and liquids production, transport, marketing, and well retirement, with a differentiated strategy of acquiring existing assets and investing in their optimization.
  • Carlyle is a global investment firm with deep industry expertise that deploys private capital across its business and conducts its operations through three business segments: Global Private Equity, Global Credit, and Carlyle AlpInvest.

Statistics:

  • Up to $2 billion will be invested in existing PDP natural gas and oil assets across the United States.
  • Carlyle will provide $2 billion in capital to Diversified Energy.
  • Approximately $8 billion has been deployed by Carlyle Asset-Backed Finance (ABF) since 2021.
  • Approximately $9 billion is in assets under management by Carlyle ABF as of March 31, 2025.
  • Diversified Energy has approximately [number of employees] employees in [number of offices] offices across [number of continents].
  • Carlyle employs more than 2,300 people in 29 offices across four continents.

Sources:

  • M2 PressWIRE-June 24, 2025-: Diversified Energy and Carlyle Enter Strategic Partnership to Invest in Up to $2 Billion of PDP Energy Assets
  • About Diversified Energy Company PLC
  • About Carlyle
  • Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across its business and conducts its operations through three business segments: Global Private Equity, Global Credit, and Carlyle AlpInvest.
  • Follow Carlyle on X @OneCarlyle and LinkedIn at The Carlyle Group.

Read more