Pickering Power Companions and SailingStone Capital Companions Merge to Kind Main World Pure Useful resource Monetary Providers Agency

By on February 25, 2021 0


HOUSTON – (BUSINESS WIRE) – Pickering Power Companions (PEP), a Houston-based power monetary companies agency, at the moment introduced a merger with SailingStone Capital Companions (SailingStone), an funding agency specializing within the world pure sources sector. The brand new partnership expands Pickering Power Companions’ present funding platform to incorporate SailingStone’s power transition, world pure sources, in addition to environmental, social and governance (ESG) funding expertise and methods.

Collectively, PEP and SailingStone have one of many business’s most profitable useful resource funding groups, extremely expert to determine, assess and execute present tendencies and alternatives within the world pure useful resource sectors, together with the power transition. and ESG. Within the midst of a troublesome power funding cycle, this mix reinforces the corporate’s dedication to its institutional shoppers and the pure sources sector.

“We’ve recognized the leaders of SailingStone for a few years. MacKenzie Davis and Ken Settles had been among the many first shoppers of our predecessor firm in 2004, whereas Brian Energetic has been a key contributor to the TPH power analysis franchise for a number of years, ”stated Dan Pickering, Chief Funding Officer of Pickering Power Companions. “Collectively, they’re one of the vital skilled public motion groups investing within the world pure sources sector, and their deep area experience expands our collective platform. We’re delighted to assist and take part in SailingStone’s initiative targeted on upstream sources and corporations that will likely be on the base of the power transition.

“By combining our strengths with PEP, we are going to broaden our perspective and our community, creating an much more dynamic, debate-driven and research-driven funding platform that encompasses private and non-private personal fairness. The power transition and ESG mandates will rework the worldwide panorama for investing in pure sources, and we’re satisfied {that a} SailingStone-PEP platform is uniquely suited to ship options on this new surroundings, ”stated MacKenzie Davis, Managing Associate of SailingStone Capital.

The Pickering Power Companions and SailingStone Capital merger is PEP’s newest announcement on the corporate’s enterprise growth and new sustainability choices to its shoppers. The merger and the addition of funding capacities within the power transition comply with the launch by PEP of a formalized power consulting agency, which, like SailingStone, encompasses commitments in each conventional and different energies. This announcement follows PEP’s direct funding in an electrical car infrastructure firm, thereby strengthening their involvement and management within the subsequent part of the power transition.

To search out out extra in regards to the Pickering Power Companions and SailingStone Capital merger, the power transition funding technique, PEP recommendation or different PEP gives, Click on right here.

About Pickering Power Companions

The primary Pickering Power Companions (PEP) was based in early 2004 by Dan Pickering as an institutional power analysis agency earlier than partnering with Bobby Tudor and Maynard Holt in 2007 to grow to be Tudor, Pickering, Holt & Firm. Immediately, Pickering Power Companions takes an entrepreneurial strategy for a world, pure resource-focused monetary companies platform with customized asset administration methods and high-impact advisory functionality. Headquartered in Houston, Texas, PEP supplies an skilled and opportunistic group that goals to offer recommendation and long-term worth to shoppers whereas positively impacting the companies and communities by which PEP invests. For extra data, please go to www.PickeringEnergyPartners.com.

About SailingStone Capital Companions

SailingStone Capital Companions is a world funding advisor devoted to pure sources targeted on offering institutional traders with entry to a variety of options associated to power transition within the upstream pure useful resource area. SailingStone gives methods that embody evergreen public fairness funds, opportunistic capital return methods, and distinctive entry to direct investments in personal firms and untapped funds. As a dedicated proprietor with an funding horizon of 5 to 10 years, SailingStone has all the time maintained its portfolio firms at a excessive ESG degree, with many investments displaying peak efficiency in methane seize, fuel sequestration carbon, water recycling and group engagement / growth. initiatives. For extra data, please go to www.SailingStoneCapital.com.



Supply hyperlink