News & Mentions

BeZero Carbon announced closing a $50mm capital raise which was the largest Series B round in UK climate tech this year. BeZero Carbon will use the proceeds to scale its carbon ratings platform and expand into the USA and Asia. Quantum Energy Partners led the round with Hitachi, EDF and ICE investing alongside.

• Quantum Energy Partners to commit $400 million to Trace
• Trace II and its affiliates will focus on the development of carbon capture and sequestration assets as well as other midstream infrastructure across North America
• Company appoints tenured executive David Dell’Osso as Chief Operating Officer

EQT Corporation (NYSE: EQT) today announced that it has entered into a purchase agreement with THQ Appalachia I, LLC (“Tug Hill”) and THQ-XcL Holdings I, LLC (“XcL Midstream”) whereby to which EQT has agreed to acquire Tug Hill’s upstream assets and XcL Midstream’s gathering and processing assets, for total consideration of $5.2 billion. Tug Hill and XcL Midstream are backed by equity commitments from funds managed by Quantum Energy Partners. The transaction is expected to close in the fourth quarter of 2022, with an effective date of July 1, 2022. Subject to the transaction close and EQT’s regular board approval process, Wil VanLoh, Founder and CEO of Quantum Energy Partners, will join EQT’s board of directors.

Quantum Energy Partners (“Quantum”), a leading provider of capital to the global energy and energy transition industry, today announced that Heriberto (“Heri”) Diarte has joined as a Partner of Quantum Innovation Fund.

Formed in 2017, Quantum Innovation Fund invests in transformative companies focused on climate technology, decarbonization and sustainability. Mr. Diarte, who will be based in Silicon Valley, will work closely with the Quantum investment team to source, execute and support Quantum Innovation Fund’s growing portfolio.

Calpine Energy Solutions, Quantum Innovation Fund, and Toshiba Energy Systems & Solutions Lean into the Clean Energy Transition with Investment in Recurve’s Revenue-Grade Smart Meter Measurement Platform

• Funding round led by Decarbonization Partners, a partnership between Temasek and BlackRock, and Quantum Energy Partners’ Innovation Fund
• Platform’s end-to-end carbon management solutions are underpinned by science and operational expertise, turning carbon science into climate action
• Capital will help enable more organizations to reduce their emissions and remove carbon from the atmosphere

The U.S. should continue supplying a big portion of the oil and gas it needs, avoiding a productionshift to countries with looser environmental standards, energy-focused private-equity firms say.

Energy-focused firms including NGP Energy Capital Management, Pickering EnergyPartners and Quantum Energy Partners have been sending articles, reports andpresentations to investors highlighting the importance of oil and natural gas during thetransition to renewables. The eff ort comes as investors continue putting less money intofossil fuels.

Private-Equity Firms With Oil-and-Gas Focus Defend Sector as Investment Drops – WSJ

HOUSTON, July 19, 2022  – ConnectGen announced today that the Western Area Power Administration (WAPA) has issued a Record of Decision (ROD) approving two interconnection requests associated with ConnectGen’s Rail Tie Wind Project, a proposed 504 MW wind energy generation project located in Albany County, Wyoming. 

Denver,  June 07, 2022 (BUSINESS WIRE) — Project Canary, a climate tech and environmental assessment company focused on providing trusted third-party ESG data for emission-intensive industries, announced today that it has expanded its strategic relationship with Quantum Energy Partners (“Quantum”) related to Quantum’s credit and structured capital investment efforts. Quantum is a leading provider of private capital to the energy industry and is focused on providing sustainability-linked capital to both public and private energy companies. Project Canary and Quantum believe that meaningful synergies exist between Quantum’s sustainability-linked investment initiatives and Project Canary’s emissions monitoring solutions.

HOUSTON, Texas, April 14, 2022 (GLOBE NEWSWIRE) — Quantum Energy Partners (“Quantum”), a leading provider of private capital to the global energy industry, today announced a series of strategic leadership appointments, bolstering its deep bench of talent to support the firm’s continued investments in growth across the Sustainable Energy Ecosystem. Ajay Khurana, Managing Partner and head of Quantum’s credit and structured capital strategies, has been promoted to Co-President, effective immediately. Additionally, the firm has hired Charles Baillie as Co-President, effective September 2022.

Addtionally, the firm also promotes Keila Hand to Managing Director and Head of ESG as well as Hires Tommy Ho for Newly Created Role of Chief Talent Officer.

547 Energy International LLC (“547 Energy”), the global clean energy investment platform of Quantum Energy Partners (“Quantum”), today announced that it has committed $250 million of equity funding to Aer Soléir, an onshore wind, solar and energy storage company headquartered in Dublin, Ireland. Aer Soléir’s strategy is to support Europe’s ambition to become the world’s first climate-neutral continent by 2050 by developing, constructing, owning and operating renewable energy projects throughout Europe.

Williams announced that it has reached an agreement to acquire the Haynesville gathering and processing assets of Trace Midstream (Trace), a portfolio company of Quantum Energy Partners (Quantum), in a transaction valued at $950 million. 

Quantum Energy Partners has engaged in a strategic engineering agreement with Microsoft to support Quantum’s development of an industry cloud solution to share knowledge efficiently across Quantum’s portfolio companies. The Quantum Energy Cloud (QEC) is a unique, energy data-focused cloud that integrates several Microsoft Azure services, which allows Quantum to build a hub-and-spoke data and application environment. 

Chief Executive Wil VanLoh said Quantum has pushed for greater output from its oil assets to raise their value

Trident Energy (“Company”, “Trident”), and Warburg Pincus are pleased to announce the successful closing of a new investment into Trident Energy by Quantum Energy Partners (“Quantum”), to support the Company’s continued growth and business development. Under the terms of the transaction, Quantum is now a significant investor in Trident and has committed to participate in a $400 million Line of Equity (“LOE”) alongside Warburg Pincus and Trident’s existing minority shareholders. Trident expects to use the LOE to fund additional growth opportunities in its existing assets and new opportunities. 

Datagration Solutions, Inc. (“Datagration” or “The Company”) announced today the closing of additional equity financing to support the growth of its business with funds slated to further advance the PetroVisor™ Platform, add to its implementations and customer success group and recruit additional global sales resources. All major existing investors, including Quantum Energy Partners’ Innovation Fund, participated in the fundraising and several new investors, led by Houston-based EIV Capital, an energy-focused private equity firm.

THE ENERGY TRANSITION presents both massive risks and opportunities in the coming years and decades, and patient, higher-risk capital will be essential to ensuring a smooth transition globally. The biggest challenge is achieving global netzero emissions by 2050 while also
ensuring that energy production remains sufficient to supply vastly increasing global demand.

NAPE Jan. 2022 – Big risk big opportunity

Why it’s a structurally different North American gas market now. Based on a first-hand survey, private equity and debt providers were asked to describe their investing interests and capacity then versus now.

Tug Hill Operating, LLC (Tug Hill) and XcL Midstream Operating, LLC (XcL) will seek responsibly sourced gas (RSG) certification for the entirety of their upstream and midstream assets via a partnership with Project Canary, the companies announced.

A number of private-equity firms have been outspoken about their commitment to the oil-and-gas sector amid a capital flight from fossil fuel-related assets. The capital flight from the oil-and-gas sector reflects not onlyenvironmental concerns but also a history of poor returns as well as uncertainty about the futurevalue of traditional energy assets.

Dragos, Inc., the global leader in cybersecurity for industrial controls systems (ICS)/operational technology (OT) environments, announced it has raised a record-breaking $200 million in Series D funding at a valuation of $1.7 billion.

Hart Energy announced its ESG “Top Performers” in front of roughly 300 industry professionals attending its annual Energy ESG Conference, held in person  at The Westin Houston – Memorial City hotel.