Private equity firm BP Energy Partners LLC (BPEP) has closed on the sale of Mesa Natural Gas Solutions LLC, a power solution company aimed at helping producers reduce volumes of flared natural gas.

Permian flaring

BPEP said it had closed the sale of Mesa for an undisclosed amount shortly after Houston-based Arroyo Investors announced it would be integrating Mesa into its portfolio of natural gas and natural gas liquid investments.

Mesa specializes in supplying natural gas and liquid propane-powered mobile generators that provide power in remote locations. Its technology also has been increasingly used by exploration and production (E&P) companies to convert flared natural gas to power operations.

“The sale concludes a successful partnership between BPEP and Mesa in organically building out...