ECP to invest up to $500 mln in Next Wave

By Iris Dorbian — 8 months ago

Energy Capital Partners has made a commitment to invest up to $500 million in equity funding in Houston-based energy company Next Wave Energy Partners. Next Wave’s senior management joined ECP on the transaction. According to Next Wave, the capital will be used to develop, operate, acquire and expand midstream and downstream petrochemical and fuel assets.


Dominion Midstream Partners debuts IPO

By Iris Dorbian — 1 year ago

Dominion Midstream Partners has unveiled its IPO after pricing its 17.5 million shares at $21 per share. The stock began trading Wednesday under the ticker symbol “DM.” Barclays, Citigroup, J.P. Morgan, BofA Merrill Lynch, Goldman Sachs, UBS Investment Bank and Morgan Stanley are the lead underwriters. Headquartered in Richmond, Virginia, Dominion Midstream Partners is a unit of energy company Dominion Resources.


Platt River forms First River Energy

By Luisa Beltran — 1 year ago

Platte River Equity said Tuesday it is partnering with three midstream energy industry executives to form First River Energy. Denver-based First River will buy and develop midstream assets for the gathering of crude oil, condensates, natural gas liquids (NGLs) and other related products. The executives include Johan Thematt, Jim Imbler and Chris Philpott. Platte River didn’t disclose how much it would invest in First River but capital will come out of its third fund, Platte River Equity III LP.


Top 10 Posts Tackle Terrible Startup Names, Energy Funds and Stepped Up M&A

By Lawrence Aragon — 4 years ago

Time to catch up on the stories your colleagues found most compelling on peHUB this week. Here are the top 10 posts that garnered the most pageviews from regular readers from Oct. 31 to Nov. 4.

ONE: Seven Terrible Startup Names, and One Really Great New Oneby Connie Loizos
TWO: Slideshow: 5 Top PE Firms In Energy & Power (subscribers only) – by Bernard Vaughan
THREE: M&A Is Heating up; Here Are the Top 10 VC-Backed M&A Deals for Q3 (slideshow)by Lawrence Aragon
FOUR: Shindig Photos: Lookin’ Good, San Francisco! (subscribers only) – by Lawrence Aragon
FIVE: Slideshow: After a Lull, Are IPOs Back on Track?by Jonathan Marino
SIX: Third Quarter’s Gloomy Headlines Aside, Venture Investing Shows Long Term Stability: Slideshowby Mark Boslet
SEVEN: Why VCs Should Be Startup CEOsby Steve Blank
EIGHT: Infographics: Where To Make The Big Bucks In PE/VCby David Toll
NINE: Here’s How VCs Did on Groupon Investment of ‘Like a Billion Dollars’ – by Lawrence Aragon
TEN: Flowers Stands to Lose Only $47.8M from MF Global, Source Saysby Luisa Beltran


Blackstone May Seek $3B for Energy Fund: Report

By PEHub Administrator — 4 years ago

(Reuters) – Blackstone Group LP may be seeking as much as $3 billion for its first energy fund, a Bloomberg report said, citing two people with knowledge of the matter. The target tops those for natural-resources funds in the works at KKR and Co. LP and Apollo Global Management LLC, the report said, quoting its […]