First Reserve

Company description

First Reserve is a premier global energy-focused private equity and infrastructure investment firm with over $26 billion of raised capital since the firm's inception. First Reserve Corporation was founded in 1983 and is based in Greenwich, Connecticut with additional offices in Houston, Texas; Central, Hong Kong; and London, United Kingdom. The firm invests globally with a focus on Australia, Europe, and United States. It typically makes equity and equity related investments of between $100 million and $1500 million.

The firm seeks to invest in the energy and natural resource industry with a focus on energy manufacturing and oilfield services, power related companies, renewable and alternative energy, energy-related insurance and financial products, energy reserves, energy infrastructure such as firms that engineer LNG and natural gas processing facilities, renewable and other power, midstream, electric transmission and utilities. It also invests in technology, pipelines, and storage.

Company details

First Reserve600 TravisSuite 6000

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • December 26, 2014

    First Reserve Corporation announces Senior Promotions

    First Reserve has announced the promotion of two senior investment professionals within the Energy Infrastructure Funds team.

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  • September 24, 2014

    Covanta reaches FC in Dublin waste-to-energy project

    Covanta Holding Corporation has executed an agreement with the Dublin City Council to build, own and operate a new 600,000 metric tonne per year, 58 MW Energy-from-Waste facility in Dublin, Ireland.

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  • June 18, 2014

    First Reserve closes second energy infrastructure fund at US$2.5 billion

    First Reserve has announced the closing of its second energy infrastructure fund, First Reserve Energy Infrastructure Fund II, L.P (FREIP II).

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  • May 05, 2014

    New York Retirement System commits funds to IFM and First Reserve

    The New York City Employees' Retirement System (NYECRS) has committed $300 million to IFM's Global Infrastructure Fund and $200 million to First Reserve Energy Infrastructure Fund II.

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  • April 29, 2014

    New Mexico pension fund invests in First Reserve energy fund

    New Mexico State Investment Council (NMSIC) has announced an investment of $100 million in the energy private equity fund First Reserve Energy Infrastructure Fund II, L.P..

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  • October 23, 2013

    First Reserve Energy Infrastructure II targets $2.5 billion for fundraising

    Energy-focused private equity firm First Reserve could raise up to $2.5 billion for its latest infrastructure fund, more than double the previously reported amount, InfraPPP has learned. First Reserve...

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  • June 28, 2013

    Virginia Retirement Funds invests in Stonepeak infrastructure fund and Brookfield Asset Management

    The Virginia Retirement System (VRS) announced new commitments at its June 20 meeting.

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  • May 07, 2013

    First Reserve to raise its second infrastructure fund

    The energy-focused First Reserve, finishing investing from its first infrastructure fund, is beginning fundraising for a second fund targeted at roughly $1.25 billion,according to different sources.

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