Deon
Daugherty
Hart Energy
Energy Sector Sees Dramatic Increase in Private Equity Funding
In a 10-day period, private equity firms announced almost $20 billion in energy funding. Is an end in sight for the fossil fuel capital drought?
KKR, Solar Developer Birch Creek Close $150MM Credit Facility
KKR will provide a $150 million credit facility with Birch Creek Energy, which owns 160 megawatts of power projects, with more expected in place by year-end 2024.
Quantum Raises $10B for Oil, Gas, Midstream, Energy Transition
Quantum Capital Group raised $5.25 billion for its private equity flagship, Quantum Energy Partners VIII. A source told Hart Energy that most of the firm’s capital has gone into oil and gas because it offers the best risk-adjusted returns.
EnCap Closes $6.4B for E&P Fund, Including Co-investments
EnCap’s Fund XII raised $5.25 billion for work in U.S. oil and gas basins. Coupled with its energy transition and midstream funds, the private equity firm has collectively raised $9 billion this year.
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Energy Sector Sees Dramatic Increase in Private Equity Funding
In a 10-day period, private equity firms announced almost $20 billion in energy funding. Is an end in sight for the fossil fuel capital drought?
KKR, Solar Developer Birch Creek Close $150MM Credit Facility
KKR will provide a $150 million credit facility with Birch Creek Energy, which owns 160 megawatts of power projects, with more expected in place by year-end 2024.
Quantum Raises $10B for Oil, Gas, Midstream, Energy Transition
Quantum Capital Group raised $5.25 billion for its private equity flagship, Quantum Energy Partners VIII. A source told Hart Energy that most of the firm’s capital has gone into oil and gas because it offers the best risk-adjusted returns.
EnCap Closes $6.4B for E&P Fund, Including Co-investments
EnCap’s Fund XII raised $5.25 billion for work in U.S. oil and gas basins. Coupled with its energy transition and midstream funds, the private equity firm has collectively raised $9 billion this year.
Raising Capital When Private Equity Has Seen Better Days
Oil and gas private equity firms remain active in the market though fundraising hit its peak in 2017.
Exclusive: How E&Ps Yearning Capital can Stand Out to Family Offices
3P Energy Capital’s Founder and Managing Partner Christina Kitchens shares insight on the “educational process” of operators looking at opportunities in the U.S. and how E&Ps looking for capital can interest family offices, in this Hart Energy Exclusive interview.
Quantum Teams Looking for Acquisitions ‘Off the Beaten Path’
Blake Webster, partner at Quantum Capital Group, said the private-equity firm’s portfolio teams are looking to buy from sellers looking for cash buyouts, though not necessarily in the usual places.
Post Oak Backs New Permian Team, But PE Faces Uphill Fundraising Battle
As private equity begins the process of recycling inventory, likely to be divested from large-scale mergers, executives acknowledged that raising funds has become increasingly difficult.
Post Oak Capital Backs Permian Team, Invests in Haynesville
Frost Cochran, managing partner at Post Oak Energy Capital, said the private equity firm will continue to focus on the Permian Basin while making opportunistic deals as it recently did in the Haynesville Shale.
Financiers: Family Offices Worldwide are Queuing to Invest in E&P
U.S. family offices have stepped in quickly to fill the void left by other investors while family desks abroad have been slow to move but they’re watching closely, financiers say.