Growth Capital • Energy Services and Equipment

Kerogen Capital Invests In Geothermal Engineering

On March 8, 2023, private equity firm Kerogen Capital invested in energy services and equipment company Geothermal Engineering

Investment Context
  • This is Kerogen Capital’s 2nd transaction in the Energy Services and Equipment sector.
  • This is Kerogen Capital’s 4th transaction in the United Kingdom.

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Investment Summary

Date March 8, 2023
Target Geothermal Engineering
Sector Energy Services and Equipment
Investor(s) Kerogen Capital
Deal Type Growth Capital

Target Company

Geothermal Engineering

Cornwall, United Kingdom
Geothermal Engineering is a developer of geothermal heat and power projects. Geothermal Engineering was founded in 2008 and is based in Cornwall, United Kingdom.
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Investor Overview 1

Investor

Kerogen Capital

Hong Kong, China

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2007
PE ASSETS 2.0B USD
Size Large
Type Sector Focused
DESCRIPTION

Kerogen Capital is a provider of growth and development capital to small and medium-sized oil and gas companies. Kerogen primarily focuses on the upstream oil and gas sector serving demand from Asia. Geographic areas of focus predominantly span South East Asia, Central Asia, and select countries in the Middle East and Africa. Kerogen Capital has offices in Hong Kong and London.


Deal Context for Investor #
Overall 14 of 14
Sector: Energy Services and Equipment 2 of 2
Type: Growth Capital 11 of 11
Country: United Kingdom 4 of 4
Year: 2023 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-12 EcoCeres

Hong Kong, China

EcoCeres is a biomass utilization company operates in the businesses of Bio-Grease Utilization and Agricultural Waste Utilization. EcoCeres is based in Hong Kong, China.

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