Our sponsor

Our sponsor is an affiliate of Blue Water Energy Fund II, L.P., one of the private equity funds advised by Blue Water Energy LLP (“Bluewater”).

Bluewater has been investing in energy since 2011 and, since then Bluewater Funds have invested or committed to invest approximately $2.5 billion in four continents across 23 portfolio companies and have completed a total of 54 deals including add-on acquisitions.

The majority of Bluewater’s portfolio is actively involved in projects or technologies that aid and/or benefit from the energy transition.

Bluewater has one of the largest dedicated international energy investment teams amongst all other private equity funds globally, and is a highly active, hands-on manager of portfolio companies with deep expertise in the international energy and energy-related sectors.

Bluewater has a track record of transforming companies from conventional energy market participants into leading innovators in the energy transition, as well as broadening their footprint and, thereby, creating more resilient business models.

Bluewater recognises the high importance of environmental, social and governance (ESG) matters and has a long history of taking those into account when making its investment decisions. Bluewater’s ESG policies and programs have been aligned with the United Nations Principles for Responsible Investment. Bluewater firmly believes that ESG is positively correlated with equity investment returns and has a dedicated ESG committee that works with the broader investment team to develop specific ESG frameworks for each of its companies ahead of, or immediately after, an acquisition.

We are confident that our sponsor’s extensive track record, established investment team, geographic setup, broad industry relationships and deal-sourcing and execution capabilities give us a distinct advantage to capitalise on the long-term opportunities created by the ongoing transition across the international energy sector and related industries.