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Energy Capital Partners
Energy Capital Partners (ECP) is an American investment firm headquartered in Summit, New Jersey. It focuses on investments in the energy sector. The firm has additional offices in New York City, Houston, San Diego, Fort Lauderdale and Seoul. In September 2023, it was announced that Bridgepoint Group would acquire Energy Capital Partners. Background ECP was founded in April 2005 by Doug Kimmelman, Thomas Lane and Scott Helm. The three of them were previously senior executives at Goldman Sachs in its investment banking division. ECP focuses in investments in power generation, renewable energy and energy storage assets. It was originally based in Short Hills, New Jersey and later moved its headquarters to Summit. In January 2007, ECP raised $2.25 billion for its debut fund, Energy Capital Partners I. At the time it was one of the largest debut funds ever raised. In September 2009, ECP formed Summit Midstream Partners, a platform company to invest in North American gas infrast ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dyal Capital
Blue Owl Capital (also known as Blue Owl) is an American alternative investment asset management firm. It is currently listed on the New York Stock Exchange under the ticker symbol: "OWL". The firm is headquartered in New York City with additional offices in Hong Kong, Singapore, and elsewhere. History In December 2020, it was announced there would be a merger between Owl Rock Capital Group and Dyal Capital Partners. The two firms would combine with a special-purpose acquisition company, Altimar Acquisition Corp to form Blue Owl. The deal was valued at $12.2 billion which included a $1.5 billion commitment from investors such as ICONIQ Capital, Federated Hermes and Liberty Mutual. On May 19, 2021, the transaction was completed and Blue Owl was listed on the New York Stock Exchange. On October 18, 2021, Blue Owl acquired Oak Street, a private equity real estate firm for $950 million. On December 13, 2021, Blue Owl acquired Ascentium Group, a business development office bas ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cathedral in the City of London. Since 2007, it has been part of the London Stock Exchange Group (LSEG, that it also lists ()). The LSE was the most-valued stock exchange in Europe from 2003 when records began till Autumn 2022, when the Paris exchange was briefly larger, until the LSE retook its position as Europe’s largest stock exchange 10 days later. History Coffee House The Royal Exchange had been founded by English financier Thomas Gresham and Sir Richard Clough on the model of the Antwerp Bourse. It was opened by Elizabeth I of England in 1571. During the 17th century, stockbrokers were not allowed in the Royal Exchange due to their rude manners. They had to operate from other establishments in the vicinity, notably Jona ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Biffa
Biffa plc is a waste management company headquartered in High Wycombe, England. It provides collection, landfill, recycling and special waste services to local authorities and industrial and commercial clients in the United Kingdom. , it was the UK's second-largest waste-management company. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. History The company, which was originally engaged in the removal and sale of ashes and clinker from London power stations, was founded in Wembley by Richard Henry Biffa as Richard Biffa Limited, in 1912. In 1958 Richard Henry Biffa's grandson, Richard Charles Biffa, joined the business and, after becoming general manager in 1963, grew the business organically and by acquisition. The business was acquired by British Electric Traction in 1971 and by Severn Trent for £212 million in 1991. It acquired the American-owned UK Waste for £380 million in 2000. Severn Trent demerged the company to a consortium for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Calpine
Calpine Corporation is the largest generator of electricity from natural gas and geothermal resources in the United States, with operations in competitive power markets. A Fortune 500 company based in Houston, Texas, the company is owned by an affiliate of Energy Capital Partners and a consortium of other investors, including Access Industries Inc. and Canada Pension Plan Investment Board. http://www.calpine.com/about-us/news/18-03-08-close. Operations Through wholesale power operations and its retail businesses, Calpine serves customers in 23 states, Canada and Mexico. As of March 2018, the directors of Calpine are CEO Thad Hill; Executive Vice Chairman Thad Miller; Tyler Reeder, Douglas Kimmelman, Andrew Singer and Andrew Gilbert of Energy Capital Partners; and Donald Wagner of Access Industries, Inc. The executive leadership team includes President/CEO Thad Hill, EVP/Chief Legal Officer Thad Miller, EVP/Chief Financial Officer Zamir Rauf, EVP/Power Operations Charlie Gates ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CPP Investment Board
The Canada Pension Plan Investment Board (CPPIB; french: Office d'investissement du régime de pensions du Canada), operating as CPP Investments (french: Investissements RPC), is a Canadian Crown corporation established by way of the 1997 ''Canada Pension Plan Investment Board Act'' to oversee and invest the funds contributed to and held by the Canada Pension Plan (CPP). CPP Investments is one of the world's largest investors in private equity, having invested over US$28.1 billion between 2010 and 2014 alone. Despite being a Crown corporation, CPPIB is not considered a sovereign wealth fund because it operates at arm's length from the Government of Canada and solely manages CPP contributions paid by workers and employers, not public funds. As of June 30, 2022, the CPP Investment Board manages over C$523 billion in assets under management for the Canada Pension Plan on behalf of 20 million Canadians. History The Canada Pension Plan was first established in 1966. For much of i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Access Industries
Access Industries, Inc. is an American privately held multinational industrial group. It was founded in 1986 by businessman Leonard "Len" Blavatnik, who is also its chairman. Access's industrial focus is in four areas: natural resources and chemicals, media and telecommunications, venture capital and real estate. The group invests in the United States, Europe, Israel, and Latin America. It is headquartered in New York, with additional offices in London and Moscow. History Len Blavatnik founded Access Industries in 1986 as an investment company. He attended Harvard Business School while running the company on the side, graduating with an MBA in 1989. Among its early investments, Access Industries helped form the large aluminum producer SUAL in 1996, which later became part of UC RUSAL. In 1997, Access acquired a 40% stake in the Russian oil company TNK. Half of TNK was sold to British Petroleum (BP) to form TNK-BP in 2003, in what was the largest-ever foreign investment in a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Leveraged Buyout
A leveraged buyout (LBO) is one company's acquisition of another company using a significant amount of borrowed money (leverage) to meet the cost of acquisition. The assets of the company being acquired are often used as collateral for the loans, along with the assets of the acquiring company. The use of debt, which normally has a lower cost of capital than equity, serves to reduce the overall cost of financing the acquisition. The cost of debt is lower because interest payments often reduce corporate income tax liability, whereas dividend payments normally do not. This reduced cost of financing allows greater gains to accrue to the equity, and, as a result, the debt serves as a lever to increase the returns to the equity. The term LBO is usually employed when a financial sponsor acquires a company. However, many corporate transactions are partially funded by bank debt, thus effectively also representing an LBO. LBOs can have many different forms such as management buyout (MBO), ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TPG Inc
TPG may refer to: Companies * Geneva Public Transport (french: transports publics genevois), public transportation system operator in canton of Geneva, Switzerland * TNT Post Group (TPG), a former Dutch transportation company, renamed TNT N.V. in 2005 and PostNL in 2011 * Royal TPG Post, formerly of Royal TNT Post and later Koninklijke TNT Post, a subsidiary of TNT Post Group * The Points Guy, a travel and loyalty programs website and blog *TPG Capital, a major American private equity firm * TPG Telecom, an Australian telecommunications and IT company * TPG (ISP), an Australian internet and virtual mobile telephone services provider Other uses * Taiwan Provincial Government, the provincial government that governs Taiwan Province of the Republic of China (ROC) * The Piano Guys, an American musical group *Third Party Grading Third Party Grading (TPG) refers to coin grading & banknote grading, grading of stamps, cards, comic books, etc., authentication, attribution, and en ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kohlberg Kravis Roberts
KKR & Co. Inc., also known as Kohlberg Kravis Roberts & Co., is an American global investment company that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, credit, and, through its strategic partners, hedge funds. , the firm had completed more than 650 private equity investments in portfolio companies with approximately $675 billion of total enterprise value. , assets under management ("AUM") and fee paying assets under management ("FPAUM") were $471 billion and $357 billion, respectively. The firm was founded in 1976 by Jerome Kohlberg Jr., and cousins Henry Kravis and George R. Roberts, all of whom had previously worked together at Bear Stearns, where they completed some of the earliest leveraged buyout transactions. Since its founding, KKR has completed a number of transactions, including the 1989 leveraged buyout of RJR Nabisco, which was the largest buyout in history to that point, as well as the 200 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Energy Future Holdings
Energy Future Holdings Corporation is an electric utility company headquartered in Energy Plaza in Downtown Dallas, Texas, United States. The majority of the company's power generation is through coal and nuclear power plants. From 1998 to 2007, the company was known as TXU Corporation until its $45 billion leveraged buyout by Kohlberg Kravis Roberts, TPG Capital and Goldman Sachs Capital Partners. That purchase was the largest leveraged buyout in history. As of 2019, TXU Energy is a subsidiary of publicly traded Vistra Energy. , the company has been described as "struggling" which resulted in the April 29, 2014 filing for bankruptcy protection under Title 11 of the United States Bankruptcy Code. On July 7, 2017, the company announced its Oncor transmission business would be acquired by Berkshire Hathaway for $9 billion but Sempra Energy's higher $9.45 billion bid was eventually accepted instead on August 21, 2017. History The company traces its history to the beginnings of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Global Infrastructure Partners
Global Infrastructure Partners (GIP) is an infrastructure investment fund making equity and selected debt investments. GIP's main headquarters are located in New York City and its equity investments are based on infrastructure assets in the energy, transport and water & waste sectors. GIP employs approximately 150 investment and operational professionals and has offices in New York, London and Sydney and operational headquarters in Stamford, Connecticut. In total as of 2018, its portfolio companies employ approximately 21,000 people. History Global Infrastructure Partners was established in May 2006. Two founding investors in its first fund, GIP I, were Credit Suisse and General Electric. Both committed approximately 9% of the US$5.64 billion of GIP I's committed capital. The firm's first investment was announced in October 2006. It was a 50:50 joint venture between GIP and American International Group (AIG) to acquire London City Airport for an undisclosed sum. GIP announced t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
