Global Natural Resource Investments
Revision as of 06:32, 12 May 2014 by Melissa Jones (talk | contribs)
Private equity arm of Barclays Bank with a focus on upstream oil and gas, upstream mining, and power and renewables.
- Sources uniquely well-placed management teams in specific niches of the natural resources sector and aligns interests with them through 'skin-in-the-game' and long-term incentives. [1]
Contents
Portfolio
BNRI has 'committed over $2 billion to more than 20 portfolio companies and management teams'. Current investments include:
- Continental Intermodal - US, oil and gas sector since 2013
- Tellus Petroleum - Norway, since 2012
- Imalivest - Africa, since 2011
- PetroGranada - Colombia, since 2011
- Third Energy - UK, since 2010
- Hydra Energy - Australia, since 2010
- UK Power Reserve - UK, power and other, since
- Mainstream Renewable Power - Global, Power & Other since 2008
- Southern Peaks - Peru, metals and mining since 2010
Partial investments
Realised investments
- Caiman Energy - 'a midstream energy company focused on providing the infrastructure necessary to move natural gas products from the wellhead to market, primarily in unconventional resource plays across the US'. Invested: July 2010 Exited: March 2012
- Greenergy - 'an originator, manufacturer, blender and supplier of petroleum transportation fuels and biofuels into the UK market. Led by Andrew Owens, management has established Greenergy as the UK's largest independent oil company and one of its top three fuel suppliers'.
Invested: June 2006, Exited : May 2010
- INR Energy, led by Gary Rogliano was formed in 2007 to invest in all aspects of mining including coal and industrial minerals mining operations. Invested: April 2007 Exited : July 2010
People
- Mark Brown - Managing Director based in: London, Doha
- David Ellis - Managing Director, Based in: Doha
- David Ellis - Managing Director based in Doha
- Tom Cairns - Director, based in London. Deals with BNRI include NGP, Chrysaor, Third Energy, Tellus Petroleum, Tulip Oil, and Hydra Energy.
- Freddie Lee - Director and Head of Investor Relations, Based in: London, Doha
- Martin Miles - COO. Based in: London
- Nicolas Boukhalil - Director, based in: Doha
- Lakhbir Sandhu - Director, based in: London. Deals covered with BNRI include UK Power Reserve, Tulip Oil, Mainstream Renewable Power, PetroGranada, and Nio Petroleum. Previously worked for Goldman Sachs.
- Richard Jennings - Director based in: London [2]
Affiliations
Notes
- ↑ Barclays Natural Resource Investments, website, acc 12 May 2014
- ↑ Managing Directors and Directors, website, acc 12 May 2014