Diversified Energy Company PLC and global investment firm Carlyle (Nasdaq: CG) have announced a strategic partnership to invest up to $2 billion in U.S.-based oil and gas assets, strengthening Diversified Energy's position as a leading operator in the sector.

Through its Asset-Backed Finance (ABF) platform, Carlyle will allocate capital to existing proved and developed oil and gas-producing assets, which will be operated and managed by Diversified Energy. This initiative aims to scale Diversified’s asset portfolio and optimize operational efficiencies across key U.S. energy markets.

As part of the transaction structure, Carlyle intends to pool and securitize the assets, enhancing long-term financing opportunities. The collaboration aligns with both companies’ strategic goals to drive cash flow generation and long-term value creation.

"This partnership strengthens our ability to pursue and scale acquisitions in what we see as a highly compelling environment for consolidation,” said Rusty Hutson Jr., CEO of Diversified Energy. “With Carlyle’s support, we are well-positioned to capitalize on opportunities and deliver sustained value to our shareholders."

Carlyle’s Asset-Backed Finance unit is part of the firm’s Global Credit platform, focusing on private fixed-income and asset-based investment strategies. Since 2021, the ABF group has deployed approximately $8 billion and managed $9 billion in assets as of March 2025.

"Diversified Energy is a leading operator of long-life energy assets and a pioneer in bringing developed producing securitizations to institutional markets," said Akhil Bansal, Head of Asset-Backed Finance at Carlyle. "We are excited to support their continued growth."

Diversified Energy, headquartered in Alabama and dual-listed on the London Stock Exchange and New York Stock Exchange, reported a $138 million pre-tax profit in Q1 2025, marking a 35% year-over-year increase. Earlier this year, the company also launched a $123 million public offering to support the acquisition of Maverick, a U.S. oil and gas company.

The keyword "Diversified Energy Carlyle invest $2B US assets" marks a significant milestone in the evolving landscape of energy investment, as both firms aim to unlock long-term value through scale, efficiency, and sustainable energy management.