Gopher Resource declares that agreement to be acquired by Energy Capital Partners

Gopher Resource LLC, of Eagan declared that it has agreed to be acquired by Energy Capital Partners which is a private equity firm based in New Jersey. The two parties expect to close the transaction. Gopher Resource would join ECP’s growing portfolio of energy-related companies, including those in power generation, midstream oil and gas, renewable energy, environmental, and related services.

Jeffrey Jacobsen, Gopher Resource chief executive officer, explained that the two like-minded companies have been in talks for some time. He said that his company’s exceptional performance and the battery industry’s growth made Gopher Resource an attractive acquisition prospect. ECP shares and appreciates the Gopher Resource values of honesty, integrity and doing the right thing for all constituents.

Jacobsen added that he expects no immediate changes in the Gopher Resource leadership team or among employees, daily plant operations, or the company’s long-standing commitments to safety and environmental stewardship.