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Haddington Ventures, LLC provides equity capital for the assets, companies, and management teams that will profit from changes in the energy industry due to deregulation, convergence, consolidation, and technology. Through its private equity funds, Haddington has invested more than $1.5 billion to acquire, develop and optimize companies focused on gathering, separation, processing, treating, compression, storage, transmission and renewables. Haddington seeks to acquire midstream control-oriented investments, assets which generally require $20-$70 million with an enterprise value of up to $250 million. With additional equity co-invested from Haddington limited partners, Haddington will execute on projects up to $500 million in enterprise value under the right circumstances. The HV principals were the founders and senior management of Tejas Power Corporation. The firm prefers deal sizes in the range of $5 to $20 million with an exit opportunity in three to five years. The Fund will not pursue direct ownership of oil and gas reserves, companies that primarily market or trade commodities, or investments where increasing commodity prices are the key factor to investment success. Haddington Energy Partners manages four funds that represent over $400 million in assets under management, since formation in 1998. In November 2012, Haddington announced the close of Fund IV with $347 million in committed capital.
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