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May 11, 2026

RBC Capital Markets acts as joint lead financial advisor to Fervo Energy

Fervo Energy today announced it has upsized its proposed initial public offering of its Class A common stock. The Company plans to issue 70,000,000 shares of its Class A common stock at an expected IPO price of between $25.00 and $26.00 per share. The 70,000,000 share offering represent a 14,444,445 share upsize to the originally proposed 55,555,555 share offering. The expected IPO price of between $25.00 and $26.00 per share is an increase from the originally expected IPO price of between $21.00 and $24.00 per share.

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A$11 billion\ \ Vault Minerals has entered into a binding agreement to merge with Regis Resources to create an $11 billion gold producer.

£800 million\ \ United Utilities closes equity issue, raising gross proceeds of c. £800 million

€573 million\ \ GIC has entered into an agreement with Enagás to sell its 31.5% stake in Teréga

Undisclosed\ \ EnergySolutions to be acquired by Energy Capital Partners (ECP)

US$2.25 billion\ \ Madison Air announces pricing of initial public offering

US$320 million\ \ AEVEX Corp. announces launch of initial public offering

~$198 million\ \ Tamboran Resources Corporation has undertaken a registered underwritten public offering

US$1.13 billion\ \ Arxis, Inc. announces the launch of its initial public offering

C$22 billion\ \ ARC Resources Ltd. has entered into a definitive agreement to be acquired by Shell

C$9.4 billion\ \ First Capital REIT has entered into an agreement to be acquired by KingSett Capital and Choice Properties REIT

C$6.4 billion\ \ SECURE Waste Infrastructure has entered into a definitive agreement to be acquired by GFL Environmental Inc.

US$1.3 billion\ \ Monomoy Capital Partners announced it has entered into a definitive agreement to acquire Jiffy Lube International, Inc.

US$17 billion\ \ QXO, Inc. announced that it has entered into a definitive agreement to acquire TopBuild

A$1.5 billion\ \ NextDC launched a fully underwritten accelerated entitlement offer

NZ$1.35 billion\ \ WM New Zealand refinances its 5-year senior secured facilities

£120 million\ \ Tideway successfully secures their inaugural Blue Revolving Credit Facility

€110 million\ \ Chesnara enters into agreement to acquire Scottish Widows Europe

US$2.25 billion\ \ QXO acquires Kodiak Building Partners from Court Square Capital Partners

US$4 billion\ \ Canada Pension Plan Investment Board (CPP Investments) and Equinix Inc announced they have entered into a joint agreement to purchase atNorth.

$15 billion\ \ KKR announces strategic partnership with RWE to realise UK offshore windfarms

Undisclosed\ \ The Kroger Co. announced the sale of its subsidiary, Vitacost.com, Inc., to iHerb

£5 billion\ \ Apollo agrees to acquire 50% stake in UK offshore wind farm from Orsted

US$7.2 billion\ \ Medline announces closing of upsized initial public offering

US$1.8 billion\ \ Sonida Senior Living, Inc. announced a definitive merger agreement to acquire CHP

Undisclosed\ \ Ara Partners acquisition of a majority controlling stake in Centric Fiber

C$3 billion\ \ CGF and BOF announced investments in the Darlington New Nuclear Project

US$18.3 billion\ \ Blackstone and TPG acquire Hologic

Undisclosed\ \ Summa Health and General Catalyst's HATCo complete transaction to transform community healthcare

C$810 million\ \ Rockpoint Gas Storage's C$810 million initial public offering

Undisclosed\ \ Georgia-Pacific acquires Anchor Packaging in deal with Koch and TJC

US$64 billion\ \ Anglo American and Teck Resources agree to a merger-of-equals to create Anglo Teck

US$2.5 billion\ \ Anglo American's US$2.5 billion selldown in Valterra

Undisclosed\ \ Blackstone announces agreement to acquire Enverus

US$8.8 billion\ \ Lowe's announces agreement to acquire Foundation Building Materials

US$6 billion\ \ Duke Energy partners with Brookfield to secure investment in Duke Energy Florida

AUS$700 million\ \ Foresight Group Holdings refinances Australian renewable energy portfolio

US$1.0 billion\ \ First Quantum Mineral sells gold stream to Royal Gold

US$3.5 billion\ \ Talen acquires Moxie Freedom and Guernsey Plants

AUS$3.5 billion\ \ NextDC closes syndication of its new A$3,500 million senior debt facilities

US$9.1 billion\ \ Sunoco LP acquires Parkland Corporation

US$4.1 billion\ \ Diamondback Energy completes acquisition of Double Eagle

US$6.7 billion\ \ Novolex announced take-private of Pactiv Evergreen

US$1.325 billion\ \ The Sterling Group agrees to sell Artisan Design Group to Lowe's Companies, Inc.

€600,000\ \ Heathrow completes sustainability linked bond

US$9 billion\ \ Rio Tinto completed senior unsecured transaction

US$25 billion\ \ Silver Lake completes acquisition of Endeavor

C$2.79 billion\ \ AtkinsRéalis' sale of its remaining 6.76% interest in Highway 407 ETR

Undisclosed\ \ Sale of Aviation Facilities Company to Ardian

$4 billion\ \ Goodman Group completes underwritten placement

US~$1.4 billion\ \ SailPoint completes upsized initial public offering

US$13.1 billion\ \ Charles Schwab completes previously announced secondary offering

£1.1 billion\ \ BCI to acquire BBGI Global Infrastructure

C$1.1 billion\ \ Vermilion Energy acquires Westbrick Energy

Undisclosed\ \ C&S, acquired the Southeastern Grocers business from ALDI

US$2.7 billion\ \ HBC completes acquisition of Neiman Marcus Group

Undisclosed\ \ OTPP completes investment in Omega Healthcare

US$4.1 billion\ \ AeroVironment announced the all-stock acquisition of BlueHalo

Undisclosed\ \ Blue Owl Technology Finance Corp acquired Blue Owl Technology Finance Corp. II

US$2.2 billion\ \ First Advantage has acquired Sterling Check

US$6.3 billion\ \ Advent International acquired Nuvei Corp

US$21.1 billion\ \ Boeing completes offering of common stock and depositary shares

C$4 billion\ \ CNRL completes term loan facility to partially fund the acquisition of assets from Chevron Canada

C$14.5 billion\ \ TC Energy Corporation announced the completion of the spinoff of its Liquids Pipelines business into South Bow Corporation

A €1.3 billion\ \ Unibail-Rodamco-Westfield completes 5-year and 10-year senior unsecured green notes

Undisclosed\ \ RBC Capital Markets served as Financial Advisor to TPG in this transaction

£2.4 billion\ \ Pfizer completes upsized sell-down in Haleon

US$16 billion\ \ Blackstone and CPP Investments completes acquisition of AirTrunk

US$2.6 billion\ \ Sale of Medallion Midstream to ONEOK

C$7.17 billion\ \ Coastal GasLink completes senior notes financing and corporate bond offering

C$7.9 billion\ \ South Bow completes dual-currency offering

US$8.9 billion\ \ TowerBrook Capital Partners and Clayton, Dubilier & Rice complete take-private of R1 RCM

US$12 billion\ \ UnitedHealth Group completes senior unsecured notes offering

US$3.3 billion\ \ Energy Transfer completes acquisition of West Texas Gas from Energy Transfer

C$3.4 billion\ \ Sale of Stelco to Cleveland-Cliffs

US$302 million\ \ IDEAYA completes upsized follow-on offering

US$3 billion\ \ Fisher Investments completes minority stake sale to Advent International and Abu Dhabi Investment Authority (ADIA)

US$3 billion\ \ Vodafone completes 30 and 40 year senior notes offering

US$2 billion\ \ IFC completes 5 and 10 year senior unsecured notes offering

US~$1.3 billion\ \ Sale of Phillips 66 to Tallgrass Energy

€1.26 billion\ \ euNetworks completes sustainability-linked additional debt raise

US$1 billion\ \ McDonald's completes senior unsecured notes offering

£1.6 billion\ \ Thomson Reuters and Blackstone Consortium Sell Down in London Stock Exchange Group

C$174 million\ \ Pet Valu completes secondary bought deal

€300 million\ \ Atman completes the largest syndicated loan for data centre development in Poland

US$3.8 billion\ \ Sale of BCI's Corix to Southwest Water

US$25 billion\ \ Silver Lake Partners completes take-private of Endeavor

US$6.4 billion\ \ IBM to acquire HashiCorp

C$431 million\ \ Capstone and Orion complete Bought Deal Equity Offering

Undisclosed\ \ Sale of Kroger Specialty Pharmacy to CarelonRx

Undisclosed\ \ RWE acquires JBM Solar

Undisclosed\ \ Sale of Berkshire Hills select New York Branches

C$13.5 billion\ \ Royal Bank of Canada completes acquisition of HSBC Canada

US$6.8 billion\ \ Sale of Energy Harbor to Vistra

US$13.5 billion\ \ EQT to acquire Equitrans Midstream

[US$723 million\ \ GFL Environmental completes upsized prospectus block trade](https://www.rbccm.com/rbccm/expertise/

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