Untitled Document
Untitled Document

NZ Super Fund invests $250M with KKR’s energy practice

New Zealand Superannuation Fund

The New Zealand Superannuation Fund (NZ Super Fund) has pledged investments up to US$250 million to North American gas and oil opportunities with experienced energy investor KKR.

Up to US$175 million will be directed, on a flexible basis, to new KKR energy private equity investments in North American natural gas exploration and production, midstream, downstream, and/or energy infrastructure and services.

The remaining US$75 million will be invested with the $2.0 billion KKR Energy Income and Growth Fund, a new KKR fund focused primarily on investing in the development of unconventional gas and oil resources in North America.

Other NZ Super Fund energy sector investments over the past 12 months include US$100 million in Bloom Energy, which uses solid oxide fuel cell technology to create power, and US$55 million in wind turbine manufacturer Ogin.

 

 

 

Related Articles

Paragon Offshore arranges debt financing for spin-off from Noble

07/07/2014 Noble Corp. reports that Paragon Offshore Ltd., its wholly owned subsidiary, is beginning the process of raising external financing in preparation for the spin-off of Paragon Offshore in the third ...

SAExploration completes $150M senior secured notes offering

07/05/2014

SAExploration Holdings Inc. has completed its private offering of $150 million aggregate principal amount of 10.000% senior secured notes due 2019.

Texhoma Energy signs LOI to raise $5M from Southridge Partners II

07/03/2014 Texhoma Energy Inc. has signed a letter of intent with Southridge Partners II LP, an institutional investor, outlining terms for an equity purchase agreement in the amount of $5 million, which if f...

Caprock Oil closes initial tranche of private equity offering

07/03/2014

Caprock Oil Inc. has closed the initial tranche of a private equity offering of its unit securities with a group of accredited investors.

ExxonMobil invests more than $1B in Antwerp refinery

07/02/2014 ExxonMobil affiliate Esso Belgium, a division of ExxonMobil Petroleum & Chemical BVBA, plans to install a new delayed coker unit at its Antwerp refinery to convert heavy, higher-sulfur residual...

More Oil & Gas Financial Articles

Paragon Offshore arranges debt financing for spin-off from Noble

Mon, Jul 7, 2014

Noble Corp. reports that Paragon Offshore Ltd., its wholly owned subsidiary, is beginning the process of raising external financing in preparation for the spin-off of Paragon Offshore in the third quarter of 2014. 

SAExploration completes $150M senior secured notes offering

Sat, Jul 5, 2014

SAExploration Holdings Inc. has completed its private offering of $150 million aggregate principal amount of 10.000% senior secured notes due 2019.

Texhoma Energy signs LOI to raise $5M from Southridge Partners II

Thu, Jul 3, 2014

Texhoma Energy Inc. has signed a letter of intent with Southridge Partners II LP, an institutional investor, outlining terms for an equity purchase agreement in the amount of $5 million, which if funded, will create significant growth capital to Texhoma.

Caprock Oil closes initial tranche of private equity offering

Thu, Jul 3, 2014

Caprock Oil Inc. has closed the initial tranche of a private equity offering of its unit securities with a group of accredited investors.

ExxonMobil invests more than $1B in Antwerp refinery

Wed, Jul 2, 2014

ExxonMobil affiliate Esso Belgium, a division of ExxonMobil Petroleum & Chemical BVBA, plans to install a new delayed coker unit at its Antwerp refinery to convert heavy, higher-sulfur residual oils into transportation fuels products such as marine gasoil and diesel fuel.

Most Popular

Oil & Gas Jobs

Search More Job Listings >>
Subscribe to OGFJ