Investment

Biden Looking to Overhaul Nation’s Power Grid, Transit Systems in Historic Infrastructure Plan

Biden Looking to Overhaul Nation’s Power Grid, Transit Systems in Historic Infrastructure Plan

President Biden on Wednesday asked Congress for a massive infusion of funding to overhaul the nation’s power grids and expand renewable energy as part of a landmark program designed to fight climate change and expand American jobs. The estimated $2 trillion American Jobs Plan, if enacted by a split Congress, would be the most ambitious…

March 31, 2021
Clear Rules Will Boost Mexico Energy Investor Confidence, Veteran Expert Says

Clear Rules Will Boost Mexico Energy Investor Confidence, Veteran Expert Says

“Based on my day-to-day experience dealing with clients and different actors in the energy sector, I think the main concern in the industry is that the rules established for private investment are respected,” said Graciela Álvarez Hoth, CEO of risk management and energy consultancy firm NRGI Broker, who has more than 30 years of experience…

December 11, 2020
New Midstreamer Humble to Pursue Acquisitions, Greenfield Projects with EnCap Backing

New Midstreamer Humble to Pursue Acquisitions, Greenfield Projects with EnCap Backing

Newly formed Humble Midstream LLC said Tuesday it has secured an initial $300 million capital commitment from private equity firm EnCap Flatrock Midstream, aka EFM. “Based in Denver and formed in mid-2020, Humble Midstream is an independent energy company focused on acquiring and building midstream assets in conventional and unconventional plays across North America,” the…

December 2, 2020
Abu Dhabi Sovereign Wealth Fund Buys Major Stake in Cheniere Energy

Abu Dhabi Sovereign Wealth Fund Buys Major Stake in Cheniere Energy

The state-owned Abu Dhabi Investment Authority (ADIA) has acquired a 5.05% share in U.S. liquefied natural gas (LNG) exporter Cheniere Energy Inc., according to a Wednesday filing with the U.S. Securities and Exchange Commission. The sovereign wealth fund owns about 12.7 million shares of Houston-based Cheniere that are valued at about $648 million. Cheniere’s share…

September 16, 2020
BlackRock Manager Says Mexico’s Long-Term Fundamentals Remain Strong Despite Current Turmoil

BlackRock Manager Says Mexico’s Long-Term Fundamentals Remain Strong Despite Current Turmoil

Despite multiple headwinds currently facing Mexico, the long-term fundamentals underpinning the economy remain strong, according to BlackRock Inc.’s Juan Alberto Leautaud, head of Mexico Infrastructure Investment. As an infrastructure investor for the world’s largest asset manager, “I tend to think about the long-term…fundamentals of investments and assets, and in this case, a country,” Leautaud said…

July 27, 2020
Freeport LNG Fully Funds Fourth Train with $1B Loan

Freeport LNG Fully Funds Fourth Train with $1B Loan

The liquefied natural gas (LNG) export project in service on Quintana Island in Texas by Freeport LNG on Monday said it has secured all of the funding needed to add a fourth train.

September 10, 2019

Zell, Barrack Equity Ready to Infuse U.S. Upstream Ventures

Private equity heavyweights Sam Zell’s Equity Group Investments and Tom Barrack’s Colony Capital Inc. have formed a partnership to provide capital and asset management in the U.S. upstream oil and gas sector.

September 10, 2019
New Mexico Oil, Gas Investments to Skyrocket with Proper Policies, Says Industry Study

New Mexico Oil, Gas Investments to Skyrocket with Proper Policies, Says Industry Study

New Mexico’s oil and natural gas industry could attract as much as $174 billion in infrastructure investments through 2030 as its share of the Permian Basin continues to expand, according to an industry-backed study.

September 4, 2019

California Resources, Colony Capital to Jointly Explore Elk Hills Oilfield

California Resources Corp. (CRC) said Tuesday it has partnered with a unit of Los Angeles-based Colony Capital Inc. to develop the producer’s flagship Elk Hills oilfield.

July 23, 2019

Development Capital Scores JV to Explore Permian Wolfcamp

A Development Capital Resources LLC (DCR) subsidiary said Wednesday it is partnering in the Permian Basin via a $165 million joint venture (JV) to target oil and gas in the Wolfcamp formation.

June 19, 2019