Private Equity

Private Equity

New Orleans-based Black Bay Energy Capital Closes Second Fund at $210 Million

Black Bay is a private equity firm based in New Orleans focusing on investments in the North American energy sector requiring up to $30 million of equity capital.

May 13, 2022

Private Equity , Energy Transition , Transactions

Carlyle Merges Energy, Infrastructure Units Ahead of Investment Push

Carlyle CEO Kewsong Lee sticks with fossil fuel projects alongside bets on renewables.

May 12, 2022

Private Equity , Acquisitions & Divestitures , Storage

ArcLight Sells Houston-based Enstor Gas to JP Morgan’s IIF

Headquartered in Houston, Enstor Gas is the largest privately owned natural gas storage company in the U.S. including six active underground natural gas storage facilities with more than 110 Bcf in working gas capacity.

May 12, 2022

Private Equity , Conferences , Energy Transition

ETCC 2022: Back, Build, Repeat: Private Equity

Hear what private equity providers are looking for in ventures and decarbonization management teams.

May 10, 2022

Private Equity , Energy Transition , Midstream

Rangeland IV Launches with $300 Million EnCap Flatrock Commitment

The $300 million commitment announced May 3 is the fourth EnCap Flatrock growth equity commitment to Rangeland Energy companies, bringing the total to $900 million since Rangeland’s formation.

May 9, 2022

Private Equity , Emissions , Midstream

Cardinal Midstream to Pursue ‘Hybrid Strategy’ with $300 Million EnCap Flatrock Commitment

Led by industry veteran Doug Dormer, Cardinal Midstream Partners is focused on natural gas gathering and processing and congruent carbon capture and sequestration acquisition and development opportunities across North America.

April 21, 2022

Private Equity , People , ESG

Quantum Names Ajay Khurana, Charles Baillie to Serve as Co-presidents

Houston-based Quantum Energy Partners also promoted Head of ESG Keila Hand to managing director and hired Tommy Ho for the newly create role of chief talent officer.

April 14, 2022

Private Equity , Investment

Carnelian Energy Closes Fourth Fund at $975 Million Upsized Hard Cap

“We are excited by the opportunities we see across the energy landscape,” Tomas Ackerman, Carnelian Partner, commented in an April 12 release.

April 13, 2022

Private Equity , Shale Plays , Acquisitions & Divestitures

Warburg Pincus Places RimRock Oil & Gas for Sale: Sources

It is Warburg Pincus’ second attempt to sell RimRock Oil & Gas in just over a year, the sources told Reuters. A 2021 auction process failed to secure a buyer for the Bakken gas producer at the valuation that Warburg sought.

April 12, 2022

Private Equity , Exploration & Production , Shale Plays

Oil and Gas Investor’s Top 100 Private E&Ps

Here is a round-up of the top private E&P operators in the U.S. based on analysis of production history, pricing, velocity and rig count activity.

April 8, 2022