Encino Environmental Services LLC recently announced a growth investment from EnCap Investments LP, which the company said was made in partnership with Encino’s primary sponsor, BP Energy Partners LLC.
“Encino is strategically positioned to pioneer comprehensive ESG initiatives to address both market demand and pending government-mandated GHG (greenhouse-gas) programs,” EnCap Partner Kyle Kafka commented in a company release on Jan. 26.
Formed in 2010, Encino provides a full spectrum of environmental and regulatory compliance solutions within the upstream and midstream energy sectors seeking to reduce their carbon footprint and reach their ESG goals.
“Improving and maintaining best-in-class environmental performance is a key focus for EnCap portfolio companies,” Kafka added, “and we strongly believe that the technologies and expertise Encino offers to the industry will be critical as we continue our focus in providing sustainable, low-cost energy to the world.”
Encino is an environmental monitoring, measurement and technical services and products company that provides an enterprise-class data fabric and vertically integrated sensor arrays to identify and evaluate GHG emissions. In November 2020, Dallas-based private equity firm BP Energy Partners acquired Encino for an undisclosed amount.
“We are delighted to have EnCap as a partner in Encino,” BP Energy Partners Managing Partner Alex Szewczyk commented in the release on Jan. 26. “We look forward to working with the EnCap team to advance this mission by continuing to scale Encino and deliver best-in-class environmental services.”
On Feb. 2, Encino also announced the appointment of Scott McCurdy as CEO. Previously president of Blackhawk Specialty Tools, an innovative energy technology and service business that was acquired by Franks International, McCurdy has more than 23 years of experience in the energy industry.
“I am excited to join the team at Encino as the energy industry continues to incorporate emissions management solutions to mitigate internal and external emissions reduction expectations,” McCurdy said in a Feb. 2 company release.
McCurdy began his career at Arthur Anderson and previously served as CFO of Geokinetics and Grant Geophysical. He is also a past member of the advisory board of the Petroleum Equipment and Services Association (now the Energy Workforce and Technology Council) and currently serves on the council’s ESG committee.
In addition to the energy industry, Encino also serves marine, power, industrial, mining and other sectors impacted by ESG requirements. A market leader in the development and implementation of carbon intensity measurement ecosystems, Encino leverages legacy environmental compliance services and advanced continuous emissions monitoring systems with high-resolution satellite coverage.
“I look forward to working with our team to scale Encino’s comprehensive environmental program and further establish Encino as an ESG leader,” McCurdy added in the release.
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