United Energy Corporation acquires Alkane in $31 million strategic transaction
United Energy Corporation has announced the acquisition of Alkane Modus Vis Inc and the subsequent purchase of assets from Alkane Midstream in a transaction valued at approximately $31 million. The deal, which became effective on 30th April 2026, was completed through a combination of cash, assumed debt, seller financing and equity consideration.
The acquisition significantly expands United Energy’s presence in the liquefied natural gas (LNG) and distributed energy sectors, adding a fully operational LNG production facility in Seminole, Texas, with a capacity of 100,000 gallons per day. The transaction also includes integrated LNG infrastructure, distributed power generation assets, logistics equipment and a portfolio of operating contracts.
The combined business now supports operations across several key energy markets in Arizona, Kansas, Montana, Nevada, North Dakota, Oklahoma and Texas. Annualised revenues for 2026 are projected to range between $15 million and $20 million, with EBITDA margins targeted at approximately 30 percent.
A key component of the transaction is the retention of Alkane’s experienced operating team, which has more than a decade of expertise in LNG operations. The team will continue managing field operations, customer delivery, LNG logistics and distributed power deployment activities within the enlarged organisation.
The integrated platform has already delivered more than 120 million gallons of LNG and generated over 750 million kilowatt-hours of distributed energy across a range of industrial and energy applications throughout North America.
Looking ahead, United Energy plans to expand LNG production capacity at the Seminole facility by an additional 150,000 gallons per day. The planned expansion is intended to support increasing demand from sectors including data centres, aggregates, aerospace infrastructure, oilfield electrification and other commercial and industrial users requiring behind-the-meter energy solutions.
The acquisition strengthens United Energy’s strategy of providing integrated energy services, combining fuel supply, logistics, regasification and power generation through a single operating platform. Unlike traditional LNG export-focused developments, the company’s model emphasises modular deployment, rapid implementation and localised energy solutions designed to meet growing demand for reliable and scalable energy infrastructure.
Industry demand for distributed energy solutions continues to grow as businesses seek alternatives to lengthy utility infrastructure development timelines. The expanded platform positions United Energy to capitalise on these opportunities while supporting future growth in sectors such as data centres and emerging aerospace energy applications.
For more information visit www.unrgcorp.com
