F

First Reserve

72 employees

First Reserve Corporation is a private equity investment firm that focuses on investing in the energy industry.

Investor insights

Sectors invested in

Energy9
Oil and Gas7
Industrial3
Renewable Energy2
CRM2
Energized Services2
Information Technology2
Energy Services2
Emergency Restoration2
Oil & Gas Services2
Construction2
Electric Power Infrastructure Services2
Procurement2
Engineering2
Power Generation2
Manufacturing2
Commercial1
Flow management1
Industrial Controls and Instrumentation1
Enhanced Recovery Solutions1

Funding rounds participated in

$100M sweet spot round size

Most of their 14 investments are in rounds between $73M and $120M

Investor type

Private Equity Firm

Basic info

Industry

investment management
financial services

Sectors

Service Industry
Energy
Infrastructure
Business Development
Private Equity and Energy
Venture Capital

Date founded

1983

Investments made

P

Palmdale Oil Company raised undisclosed on May 4, 2023

Investors: First Reserve

P

Phillips Partners raised undisclosed on September 17, 2022

Investors: Stonepeak Infrastructure Partners, Tortoise Capital Advisors and First Reserve

U

Undisclosed raised $44M on July 12, 2018

Investors: First Reserve

U

Undisclosed raised $75M on January 25, 2018

Investors: First Reserve

A

AFGlobal Corporation raised $120M on May 24, 2017

Investors: Eaton Vance, Stellex Capital Management, The Carlyle Group and First Reserve

T

Texas American Resources raised undisclosed on December 19, 2016

Investors: First Reserve

U

Undisclosed raised $1.5B on January 13, 2016

Investors: EnCap Flatrock Midstream, EnCap Energy Transition and First Reserve

U

Undisclosed raised undisclosed on December 2, 2014

Investors: First Reserve

A

Ascent Resources raised undisclosed on September 1, 2013

Investors: First Reserve

A

Amromco Energy raised undisclosed on September 19, 2011

Investors: First Reserve

FAQ