Black Bay, with NGP Energy Technology pedigree, closes in on $200 mln debut target

Black Bay Energy Capital, NGP Energy Technology Partners, private equity
A worker walks at Rumaila oil field in Basra, Iraq, November 28, 2017. Picture taken November 28, 2017. REUTERS/Essam Al-Sudani - RC153B43AD80
Black Bay Energy Capital, launched by former NGP Energy Technology Partners executives, is more than halfway toward hitting the target of its debut fund for energy services companies, according to an SEC filing. The firm has raised more than $137 million ...

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