【NYDIG's parent company acquires a large energy asset portfolio from ConocoPhillips for approximately $1.3 billion】 Golden Finance reports that NYDIG's parent company, asset management firm Stone Ridge, has announced that its energy platform Stone Ridge Energy (“SRE”) has reached a final agreement to acquire a large energy asset portfolio located in Oklahoma from ConocoPhillips for approximately $1.3 billion. This is SRE's second acquisition this year, following the company's acquisition of more than $1 billion in energy assets in Colorado, bringing SRE's total investment in upstream energy assets to approximately $9 billion since the platform's launch in 2021. With over 11 GW of natural gas energy supply, SRE meets the growing energy demands of Bitcoin mining, artificial intelligence data centers, and countries reliant on liquefied natural gas.
