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BP agrees deal to sell £7.4bn stake in Castrol to US investment firm

Stonepeak will acquire 65% of lubricants business as part of wider plans for the oil company to pay down its debt

theguardian.com logo
Dec 24, 2025 • 5:34 AM EST • Business • theguardian.com
Inside the last-minute push to squeeze more from Stonepeak’s $2.53B parking meter deal

Loop Capital's Jim Reynolds, who also explored a parking meter bid, advised aldermen against the deal.

chicagobusiness.com logo
Sep 28 • 7:00 AM EDT • Business • chicagobusiness.com
Opinion: Why is Chicago handing its parking meters to a firm tied to ICE deportation flights?

City Council should closely examine Stonepeak’s broader business operations and infrastructure footprint before approving the transfer.

chicagobusiness.com logo
May 26 • 7:45 AM EDT • Business • chicagobusiness.com
City lawyer rebuffs parking meter owner’s warnings as fight spills into view

Newly obtained documents reveal a growing legal and political battle over Stonepeak's bid to acquire Chicago's parking meter concession and City Council's role in approving the deal.

chicagobusiness.com logo
Jun 17 • 7:41 PM EDT • Business • chicagobusiness.com
Cleco’s owners have agreed to sell the company. See who is buying it.

The owners of Cleco Power have reached an agreement to sell the electric utility to Stonepeak Energy and Bernhard Capital Partners in a deal that will keep the firm headquartered

nola.com logo
Apr 27 • 11:00 AM EDT • Business • nola.com
Stonepeak Announces Investment in AMPYR Distributed Energy

Equity investment to accelerate ADE’s growth across the UK and Europe

stonepeak.com logo
Sep 22 • 5:00 AM EDT • Business • stonepeak.com
Stonepeak reveals $2.53B offer for Chicago parking meter lease

Stonepeak disclosed its $2.53 billion bid for Chicago's parking meter lease as it urged skeptical aldermen to approve the transfer and criticized the Johnson administration.

chicagobusiness.com logo
Jun 25 • 6:06 PM EDT • Business • chicagobusiness.com
BMO to Sell Truck, Trailer Financing Businesses to Stonepeak

Bank of Montreal agreed to sell its business that finances trucks, trailers and equipment to Stonepeak, offloading a portfolio that totals about C$14.5 billion ($10.6 billion).

bloomberg.com logo
May 11 • 5:50 PM EDT • Business • bloomberg.com
BMO Financial Group to Sell Transportation-, Vendor-Finance Businesses to Stonepeak

The proposed sale includes a combined loan and lease portfolio in the U.S. and Canada that totals about $10.6 billion as of the end of March.

wsj.com logo
May 11 • 6:17 PM EDT • Business • wsj.com
Stonepeak to Acquire BMO Transportation and Vendor Finance

NEW YORK & TORONTO – May 11, 2026 – Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, and BMO Financial

stonepeak.com logo
May 11 • 5:35 PM EDT • Business • stonepeak.com
😐 Neutral (0%)
Parking meter hearing delayed amid debate over Stonepeak deal

Chicago aldermen postponed a hearing on Stonepeak's bid for the parking meter lease as they review the firm's finances, ICE-related ties and possible leverage to seek concessions.

chicagobusiness.com logo
Jun 15 • 4:43 PM EDT • Business • chicagobusiness.com
😐 Neutral (11%)
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