First Reserve Corporation

What is First Reserve Corporation?

First Reserve Corporation is an independent private equity firm with a focus on investments across various segments within the energy industry. With its headquarters located in London, United Kingdom, and additional offices in Houston, First Reserve has over 40 years of investment history in the energy sector. The firm has a robust track record, having invested $18 billion in over 100 platform acquisitions and completed principal transactions with an aggregate total value of over $10 billion.

First Reserve pursues a diversified investment strategy across Oilfield Services, Energy Infrastructure and Power, and Energy Reserves, which encompass oil, natural gas, coal producers, and other minerals. The firm has a sizable footprint in the energy investment space, with $34 billion of capital raised and over 750 transactions completed. They target investments in global energy companies with enterprise values of up to $10 billion.

First Reserve Corporation adopts a partnership approach and mainly focuses on equity investments with a minimum investment of $50 million and a maximum of $1.5 billion, aiming to accelerate transformational growth alongside management teams. Their expertise spans MBO/LBO and acquisitions, making them a specialist in the energy investment landscape.

With an emphasis on traditional and transitional solutions, as well as transformational innovation in the energy, utility, and industrial markets, First Reserve aligns itself with the evolving energy economy. The firm manages assets totaling approximately $32 billion and leverages its longstanding industry legacy and extensive network to maintain a competitive edge throughout the entire investment lifecycle.

What they say:

We are a private equity investment firm.

What we look for: We invest in the energy industry and related infrastructure.