en.Wedoany.com Reported - United Energy Corp. has completed the acquisition of Alkane Modus Vis Inc. for approximately $31 million and purchased related assets from Alkane Midstream, with the transaction taking effect on April 30, 2026.
The core asset of this acquisition is a liquefied natural gas (LNG) production facility located in Seminole, Texas, with a daily capacity of 100,000 gallons. The plant is fully operational. The deal also includes integrated LNG infrastructure, distributed generation assets, logistics equipment, and a series of operating contracts. These assets enable United Energy to serve customers in the industrial, oilfield, and data infrastructure sectors across North America.
The $31 million transaction combines cash, assumed debt, seller financing, and equity consideration. In addition to the Seminole plant, the deal adds distributed generation assets and logistics equipment. Following the acquisition, the entire Alkane operations team will remain in place. With over a decade of LNG field experience, Alkane President Ryan Blazei stated that the platform was built "one customer, one project, one hard lesson at a time." Together, the two companies have delivered over 120 million gallons of LNG and 750 million kilowatt-hours of distributed energy in North America.
United Energy CEO Brian Guinn noted that industrial operators and data infrastructure developers cannot afford to wait years for utility infrastructure construction, and there is growing demand for rapidly and reliably deployable distributed energy solutions. Alkane's operating model integrates fuel supply, logistics, regasification, and power generation, aligning with the end-to-end approach United Energy is building. This acquisition accelerates the implementation of that strategy without requiring United Energy to build these capabilities from scratch.
United Energy expects the combined platform to generate annualized revenue of $15 million to $20 million in 2026, with a target EBITDA margin of nearly 30%. In terms of capacity expansion, United Energy plans to add an additional 150,000 gallons per day of LNG capacity at the Seminole plant, more than doubling current output. Target markets for the new capacity include data centers, aggregates, aerospace infrastructure, oilfield electrification, and behind-the-meter commercial and industrial users. The platform currently operates in seven states: Arizona, Kansas, Montana, Nevada, North Dakota, Oklahoma, and Texas.
United Energy focuses on modular deployment and faster execution timelines, serving customers in regions with limited or slow-to-build grid infrastructure, including oilfield operators in remote basins, industrial facilities with urgent power needs, and data centers. Small-scale, distributed LNG provides faster energy solutions for customers in underserved areas. The demand for large amounts of reliable power from data centers and emerging opportunities for high-purity natural gas applications in the aerospace energy market are both seen as growth potential.
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