Black Bay Energy Capital LLC
Description
Closed its oversubscribed second fund, Black Bay Energy II LP, with total commitments exceeding its $200 million target. The fund has completed two investments to date, including in Piñon Midstream and Advanced Industrial Devices, and will continue to focus on investments requiring up to $30 million of equity capital in the North American energy sector that provide a differentiated product or service to their clients to help reduce costs, improve operations and achieve ESG initiatives.