First Reserve Corp.

About

First Reserve is a private equity firm exclusively focused on investing across diversified energy, infrastructure, and general industrial end-markets. Founded in 1983, First Reserve has 39 years of industry insight, and has cultivated a network of global relationships. First Reserve has raised more than $32 billion of aggregate capital since inception. Its investment and operational experience have been built from over 700 transactions, including platform investments and add-on acquisitions, on six continents. The firm’s portfolio companies have operated globally in over 60 countries and span the entire energy and industrial spectrum.

Editor's note: Updated March 3, 2022.

Headquarters Address

262 Harbor Drive, 3rd floor
Stamford, CT 06902
United States

Main Phone Number
Main Fax Number

News

Crestwood agreed on May 25 to acquire Sendero Midstream Partners in the Delaware Basin, “prudently financed” with cash proceeds from…

Northeastern U.S. private equity investors are seeing value across the energy spectrum that now includes alternative energy and the…

The Delaware Basin assets consist of nonoperated wellbores under top-tier operators including Devon Energy, ConocoPhillips and…

Focus on returns, ESG essential to lure investors back to oil and gas.

With Wall Street’s lingering hesitancy about the energy sector, private equity has taken on a larger role in financing the necessary…

Transactions

Report Date Amount (MM) Description
2022-05-25 $320.00

Crestwood Cores Up Delaware Basin Position Funded by Barnett Exit

Crestwood Cores Up Delaware Basin Position Funded by Barnett Exit

Report Date Amount (MM) Description
2022-03-03

Dallas-based IOG Resources Closes Delaware Basin Acquisition

Dallas-based IOG Resources Closes Delaware Basin Acquisition

Report Date Amount (MM) Description
2019-07-01

First Reserve Buys Weir Group's Flow Control Subsidiary

First Reserve Buys Weir Group's Flow Control Subsidiary

Report Date Amount (MM) Description
2018-11-01

First Reserve To Acquire Dominion Energy's 50% Interest In Blue Racer Midstream

First Reserve To Acquire Dominion Energy's 50% Interest In Blue Racer Midstream

Report Date Amount (MM) Description
2018-11-01

First Reserve To Acquire Dominion Energy's 50% Interest In Blue Racer Midstream

First Reserve To Acquire Dominion Energy's 50% Interest In Blue Racer Midstream