HOUSTON, Nov. 4, 2024 /PRNewswire/ -- Pelican Energy Partners ("Pelican") today announced the successful closing of Pelican Energy Partners Base Zero LP ("Base Zero" or "the Fund") at
Houston -- November 4, 2024 -- Pelican Energy Partners ("Pelican") today announced the successful closing of Pelican Energy Partners Base Zero LP ("Base Zero" or "the Fund") at $450 million, which far exceeded its target of $300 million and initial hard cap of $400 million. This is Pelican''s first fund focused on control buyout and growth investments in nuclear energy
Under the terms of the merger agreement, which was unanimously approved by the board of the directors of GSE, Pelican will acquire all the outstanding shares of GSE for an estimated total cash
HOUSTON, Nov. 4, 2024 /PRNewswire/ -- Pelican Energy Partners ("Pelican") today announced the successful closing of Pelican Energy Partners Base Zero LP ("Base Zero" or "the Fund") at
Pelican Energy Partners is applying lessons learned from years of backing oil-field-services companies as it deploys a $450 million fund focused on businesses that cater to nuclear power plants.
About Pelican Energy Partners. Pelican Energy Partners is a Houston-based private equity firm specializing in strategic investments in small to middle-market, high-growth potential energy service and equipment companies. The firm makes investments in energy equipment and service companies in the oil and gas and nuclear sectors.
About Pelican Energy Partners. Pelican Energy Partners is a Houston-based private equity fund specializing in strategic investments in small to middle-market, high-growth potential energy service and equipment companies with sustained earnings outlooks. The firm has raised $563 million of committed capital and is investing out of its third fund.
Pelican Energy Partners. 2050 W. Sam Houston Pkwy. S. #1550 Houston, TX 77042 Email: info@pep-lp Main: 713-559-7110. Daybreak Fund Advisors LLC is a Registered Investment Advisor, doing business as Pelican Energy Partners. Want to know more? Let''s connect. Your Name. First Name *
About Pelican Energy Partners Pelican Energy Partners is a Houston-based private equity firm specializing in strategic investments in small to middle-market, high-growth potential energy service and equipment companies. The firm makes investments in energy equipment and service companies in the oil and gas and nuclear sectors.
Prior to joining Pelican, Christian was an Associate in the Energy and Natural Resources group at Stifel. While at Stifel, Christian helped energy and energy transition clients in buy side, sell side, and capital raising engagements. Prior to joining Stifel, Christian worked at Ironman Capital Management, LLC where he earned his CFA charter.
HOUSTON, Nov. 4, 2024 /PRNewswire/ -- Pelican Energy Partners ("Pelican") today announced the successful closing of Pelican Energy Partners Base Zero LP ("Base Zero" or "the Fund") at $450 million, which far exceeded its target of $300 million and initial hard cap of $400 million.This is Pelican''s first fund focused on control buyout and growth investments in nuclear energy
Jay Surina joined Pelican in 2022. Prior to joining Pelican, Jay worked for over two decades in the management of mostly private equity backed/venture capital backed energy businesses at the executive level including CEO of Northwest Medical Isotopes, CFO of NuScale Power, VP of Corporate Finance at Boart Longyear, VP of Finance at Texas Genco, VP of Finance/M&A at
Nuclear energy is the best solution for scalable and reliable carbon-free power generation. We believe all energy sources are needed to meet the growing global demand for electricity, but the only carbon-free solution that can supplement base-load generation, such as natural gas and coal, during this long period of energy transition is nuclear energy.
Mr. Winkler has been in the oilfield services industry for over 30 years. Most recently, Mr. Winkler served as chairman and CEO of Complete Production Services (CPX), a publicly traded oilfield services company providing completion and production services to major U.S. oil & gas basins, which was acquired by Superior Energy Services (SPN) in February 2012.
Pelican Energy Partners is a highly specialized private equity firm focused on making strategic investments in energy services and manufacturing companies.
Pelican Energy Partners’ latest fund focuses on equipment and services for nuclear power plants. Photo: megan varner/Reuters Pelican Energy Partners is applying lessons learned from years of backing oil-field-services companies as it deploys a $450 million fund focused on businesses that cater to nuclear power plants.
As growth equity investors, Pelican is dedicated to expanding nuclear energy services to support the sector." Approvals and Timing Completion of the transaction is expected in the third or fourth quarter of 2024, subject to the approval of GSE shareholders and the satisfaction of other customary closing conditions.
Pelican, in its third fund, has a sophisticated, repeatable process to deliver excellence for investors and portfolio companies. This commitment to excellence aligns with our core values and never taking shortcuts. Pelican's pledge to ESG is also at the core of who we are, and energy's importance to the global economy is acknowledged.
GSE has an excellent reputation in the market and provides a critical service that will benefit from new plant development and existing plant upgrades and extensions. As growth equity investors, Pelican is dedicated to expanding nuclear energy services to support the sector." Approvals and Timing
Sam Veselka, a Managing Director of Pelican, said, "Pelican is excited to partner with Ravi and his team to grow GSE. As a private company, the team will have the flexibility to capitalize on growth initiatives and invest in technology to create value for their customers.
We are deeply committed to excellence in all our endeavors.
Since we maintain control over our products, our customers can be assured of nothing but the best quality at all times.