Ecofin Water & Power Opportunities

Energy Systems Group (ESG) Partners with Oaktree

Retrieved on: 
Tuesday, July 11, 2023
Ecofin Water & Power Opportunities, Oaktree Capital Management, Growth, ESG, Partnership, Oak Tree, Renewable energy

NEWBURGH, Ind., July 11, 2023 (GLOBE NEWSWIRE) -- Energy Systems Group, LLC, (“ESG” or the “Company”), a leading sustainable energy solutions provider focused on energy efficiency, sustainability, resiliency, and infrastructure improvement solutions, is pleased to announce that it has been acquired by funds managed by the Power Opportunities strategy of Oaktree Capital Management, L.P. (“Oaktree”).

Key Points: 
  • NEWBURGH, Ind., July 11, 2023 (GLOBE NEWSWIRE) -- Energy Systems Group, LLC, (“ESG” or the “Company”), a leading sustainable energy solutions provider focused on energy efficiency, sustainability, resiliency, and infrastructure improvement solutions, is pleased to announce that it has been acquired by funds managed by the Power Opportunities strategy of Oaktree Capital Management, L.P. (“Oaktree”).
  • In partnership with ESG’s management team, Oaktree’s investment will support the Company’s strategic growth plans by leveraging ESG’s national platform and expertise in developing and implementing sustainable energy services for its public and private sector customers.
  • “We are focused on being an industry leader in driving innovative solutions resulting in a more sustainable future.
  • Through our partnership with Oaktree, we are committed to expanding ESG’s capabilities and geographic reach.”

HONEYWELL INTRODUCES UOP eFINING™ TECHNOLOGY FOR NEW CLASS OF SUSTAINABLE AVIATION FUEL

Retrieved on: 
Wednesday, May 10, 2023
European Council, MTJ, UOP, Fats, Hydrogen, Ethanol, SAF, European Council of Applied Sciences and Engineering, Methanol, Carbon dioxide, Aviation, Airport, GHG, Research, Environmental policy of the Joe Biden administration, Carbon, Inflation, Oil, Ecofin Water & Power Opportunities, Water, Electrofuel, Inflation Reduction Act of 2022, CO2, Structural adjustment, Jet fuel, Renewable energy, EU, Honeywell, United

Honeywell's UOP eFining is a methanol to jet fuel (MTJ) processing technology that can convert eMethanol to eSAF reliably and at scale.

Key Points: 
  • Honeywell's UOP eFining is a methanol to jet fuel (MTJ) processing technology that can convert eMethanol to eSAF reliably and at scale.
  • When blended with conventional jet fuel, eSAF is a drop-in replacement fuel that requires no changes to aircraft technology or fuel infrastructure.
  • "As a leader in renewable fuel technology, Honeywell recognizes that creating technologies that use new feedstocks is vital to long-term decarbonization of the aviation sector," said Lucian Boldea, president and CEO of Honeywell Performance Materials and Technologies.
  • HIF Global is the first customer to sign a commercial agreement for the production of eSAF using Honeywell UOP eFining™.

OEG Offshore to Drive Ambitious Growth Agenda in Energy Transition and European Energy Security

Retrieved on: 
Monday, March 27, 2023
Ecofin Water & Power Opportunities, Oaktree Capital Management, Growth, Partnership, OEG, Acquisition, Research, Renewable energy

ABERDEEN, Scotland, March 27, 2023 /PRNewswire/ -- UK-based OEG Offshore ("OEG") has announced its partnership with funds managed by Oaktree Capital Management, L.P. ("Oaktree"), a leader among global investment managers specializing in alternative investments. The partnership will further accelerate OEG's growth plans in the energy and renewables sector in the UK and worldwide, in support of the accelerating the global energy transition agenda as well as European energy security.

Key Points: 
  • The partnership will further accelerate OEG's growth plans in the energy and renewables sector in the UK and worldwide, in support of the accelerating the global energy transition agenda as well as European energy security.
  • To drive its ambitious growth plans, OEG expects to invest further in its renewables offering, including adding to its 1,000-strong global workforce, 200 of which are based in Aberdeen, Scotland.
  • Oaktree will also continue to support OEG to build on the company's strong acquisition track record, extending its services portfolio.
  • As a UK-headquartered business with global operations, this announcement underscores our commitment to the energy transition in creating a cleaner, greener future."

ITG Communications Announces Significant Investment from Oaktree

Retrieved on: 
Monday, January 24, 2022
Commercial Building & Real Estate, Mobile, Wireless, Technology, Construction & Property, Finance, Telecommunications, Professional Services, Networks, Internet, VoIP, City, ITG, Oaktree Capital Management, Ecofin Water & Power Opportunities, Growth, Oak Tree, Workforce, LLC, Maintenance, Partnership, Telecommunication, Investment, Cable television, Risk management, ITG, Oaktree, ITG, OAKTREE

ITG Communications, LLC (ITG), a national provider of installation, fulfillment, construction and project management services to the cable, telecommunications and utility industries, announced that it has received an investment from funds managed by the Power Opportunities strategy of Oaktree Capital Management, L.P. (Oaktree).

Key Points: 
  • ITG Communications, LLC (ITG), a national provider of installation, fulfillment, construction and project management services to the cable, telecommunications and utility industries, announced that it has received an investment from funds managed by the Power Opportunities strategy of Oaktree Capital Management, L.P. (Oaktree).
  • This transaction closed in December 2021 and terms of the investment were not disclosed.
  • ITG is a recognized industry leader, serving the growing critical infrastructure end-market, said Jimmy Lee, Managing Director at Oaktree.
  • Oaktree is a leading global investment manager specializing in alternative investments, with over $158 billion in assets under management as of September 30, 2021.

Richards Manufacturing Partners with Oaktree

Retrieved on: 
Wednesday, September 29, 2021
Partnership, Workforce, Oaktree Capital Management, Ecofin Water & Power Opportunities, Senior, CEO, Company, Life, City, Bier, Oak Tree, Safety, Investment, Industry, Renewable energy

IRVINGTON, N.J., Sept. 29, 2021 /PRNewswire/ --Richards Manufacturing ("Richards" or the "Company"), a premier manufacturer of overhead and underground electrical and natural gas distribution products, announced today that it has partnered with funds managed by the Power Opportunities strategy of Oaktree Capital Management, L.P. ("Oaktree").

Key Points: 
  • IRVINGTON, N.J., Sept. 29, 2021 /PRNewswire/ --Richards Manufacturing ("Richards" or the "Company"), a premier manufacturer of overhead and underground electrical and natural gas distribution products, announced today that it has partnered with funds managed by the Power Opportunities strategy of Oaktree Capital Management, L.P. ("Oaktree").
  • Joe Bier, CEO of Richards, commented "We are excited to be partnering with Oaktree to continue our decades-long position as a leader in our industry.
  • Richards Manufacturing is a premier manufacturer of overhead and underground electrical and natural gas distribution products.
  • For more information about Richards Manufacturing, please visit Richards' website at www.richards-mfg.com .

Honeywell And Wood Introduce Groundbreaking Technologies To Support Efforts Toward Carbon-Neutral Sustainable Aviation Fuel

Retrieved on: 
Thursday, September 23, 2021
Goal, Built environment, News, Hydrogen, DOT, DOE, Carbon dioxide, Solution, Aircraft, FTSE, U.S. Department of Agriculture Cotton Annex, NASDAQ, H2, Engineering, Carbon, GHG, World energy consumption, Ecofin Water & Power Opportunities, Federation, LSE, U.S. Department of Energy, Office of Inspector General, USDA, Technology, U.S. Department of Defense Strategy for Operating in Cyberspace, SAF, Innovation, Fats, UOP, Wall, WG, CO2, Aviation, Industry, Jet fuel

The UOP Ecofining process technology converts waste oils, fats, and greases into Honeywell Green Jet FuelTM, a drop-in replacement for jet fuel.

Key Points: 
  • The UOP Ecofining process technology converts waste oils, fats, and greases into Honeywell Green Jet FuelTM, a drop-in replacement for jet fuel.
  • The renewable hydrogen is then injected back into the Honeywell Ecofining process to remove feed impurities and create a cleaner burning renewable fuel.
  • The combination of technologies results in an aviation fuel that is effectively carbon neutral compared to petroleum fuels.
  • The UOP Ecofining process has been used for commercial production of sustainable aviation fuel since 2016 by World Energy in California.

Tortoise Announces Managing Director and Portfolio Manager Promotions

Retrieved on: 
Wednesday, January 15, 2020
Energy, Professional services, Oil, Gas, Finance, Ecofin Water & Power Opportunities

Tortoise today announced the promotions of Jean-Hugues de Lamaze and Nick Holmes to the role of Managing Director.

Key Points: 
  • Tortoise today announced the promotions of Jean-Hugues de Lamaze and Nick Holmes to the role of Managing Director.
  • He is senior portfolio manager for investment trust Ecofin Global Utilities & Infrastructure plc that launched in September 2016.
  • Previously, he was senior portfolio manager for Ecofin Water & Power Opportunities plc.
  • Mr. Nick Holmes joined the Tortoise energy investment team in 2010 and is a portfolio manager for the firms energy and sustainable water strategies.