Specializing

A New York City-based law firm specializing in mass tort litigation is suing Anschutz Exploration Corp. and its contractors on behalf of nine families that claim their drinking water was contaminated by the company’s gas exploration and drilling activities in Horseheads, NY.

First Reserve Corp., a U.S.-based private-equity firm specializing in the energy industry, has closed its latest global fund with total commitments of $7.8 billion. The fund, which surpasses the $4.8 billion raised earlier this year by Carlyle Group and its energy-investment affiliate Riverstone Holdings LLC, is the largest ever put together by First Reserve and said to be the largest to focus exclusively on the global energy industry.

First Reserve Corp., a U.S.-based private-equity firm specializing in the energy industry, has closed its latest global fund with total commitments of $7.8 billion. The fund, which surpasses the $4.8 billion raised earlier this year by Carlyle Group and its energy-investment affiliate Riverstone Holdings LLC, is the largest ever put together by First Reserve and said to be the largest to focus exclusively on the global energy industry.

As news broke over the weekend that a former Enron lawyer has been hired at FERC as a trial attorney specializing in technical rate matters, a Commission spokesperson on Monday urged skeptics to “look at the facts,” and not to attach a “stigma affecting someone’s career just because of the simple fact they worked at Enron.”

Peoples Energy Corp. has invested $5 million in EnerTech CapitalPartners II LP, a private equity firm specializing in investmentopportunities for the deregulated energy, utility andtelecommunications industries. With Peoples’ monetary commitment,EnerTech now has $235 million in committed capital to makeinvestments.