NEW YORK–(BUSINESS WIRE)–Orion Energy Partners, L.P. (“Orion Energy”), a private equity firm providing creative capital solutions to middle market energy infrastructure businesses, today announced that it has opened its office in Houston, Texas. Orion Energy has been very active in the Gulf Coast over the last two years, having partnered with five companies headquartered in the region. The new office will augment the firm’s origination and execution of new investment opportunities while better serving its current portfolio company partners in the area.
Ethan Shoemaker, a Managing Director and Investment Principal who has been with Orion Energy since its inception in 2015, will lead the new office including overseeing its growth and operations.
“Houston is a phenomenal place to live and work, and the ideal market to anchor Orion Energy’s strategy in the region,” said Mr. Shoemaker. “This office provides us with the local presence to identify and deploy capital into energy infrastructure businesses and to continue to build an industry-leading investment team based in Houston. Over the past 18 months, Orion Energy has committed nearly $500 million to companies with operations or management in the greater Houston and Gulf Coast area, and we expect that trend to accelerate in the years ahead.”
“Opening our Houston office is an exciting development for Orion Energy, and a milestone that we have always viewed as a critical part of our plans for the firm,” said Nazar Massouh, CEO, Co-founder and Managing Partner. “After completing the raise for Fund II in February 2018, our next goal was to open an office in the market with the highest demand for our capital. We’re thrilled to have Ethan spearheading our efforts in the energy capital of the world, and fully expect this office to be a major catalyst for the firm moving forward.”
Orion Energy is focused on partnering with North American and select international middle market energy companies seeking to drive long-term success through creative credit investments.
For more information, visit www.OrionEnergyPartners.com or contact:
Orion Energy Partners
700 Louisiana Street
Houston, TX 77002
+1 (832)390-2524
About Orion Energy
Orion Energy Partners is a credit-oriented private equity firm with over US$ 1 billion of investable capital. Orion Energy is focused on providing creative capital solutions to middle market energy infrastructure businesses across North America and select international markets with a focus on downstream, midstream, conventional electric power, renewable energy and storage, asset-heavy energy services and other energy subsectors. Its management has substantial experience leading successful energy companies and energy infrastructure investments. For more information, visit www.OrionEnergyPartners.com.
Contacts
Orion Energy Partners
Ethan Shoemaker, 832-390-2524
Ethan@orionenergypartners.com
or
Public Relations:
ICR
Jake Malcynsky, 203-685-8375
Jake.Malcynsky@icrinc.com
