Overview | Portfolio Companies

Overview

MDP's energy and power team seeks investments from exploration to delivery of electricity at the meter. The energy & power industry is a dynamic industry undergoing deregulation and restructuring. Investment opportunities in the industry include both growth equity and buyout opportunities. Most of the investment opportunities in the industry have exposure to energy commodities and their cycles. The industry has been through many cycles and will surely experience them in the future. Being adept at knowing how to hedge both the inputs as well as the asset's outputs is critical to investing in this space. This process is highly complex and iterative whereby the hedge, the collateral necessary to support the hedge and the financing package are inter-dependent and have to be optimized across all three products. MDP's energy and power team has the knowledge and experience to hedge this cyclical exposure and focuses on investment opportunities in the following segments:

• Oil and gas exploration, production and reserve acquisition;
• Coal production and gasification;
• Oilfield services, including drilling service providers and wellhead equipment manufacturers;
• Midstream pipelines and storage terminals for the gathering, processing, transportation and storage;
• Refining and marketing;
• Integrated utilities;
• Electric generation, including hydro, nuclear, coal, gas, and oil-fired;
• Electric and gas transmission and distribution;
• Energy & power services and technology;
• Renewable energy & power, including wind, solar, geothermal, and biomass

Global economic expansion and minimizing political conflict are dependent on the growth and transformation of the energy and power industry. Government regulation and intervention continues to have a profound impact on the industry driven by concerns about energy security and environmental considerations like global warming. Finally, deregulation of the energy markets forces disaggregation of its assets and opens the markets to competition allowing new firms to capitalize on optimization and arbitrage opportunities. These macro dynamics in the energy and power industry provides an attractive backdrop for prospective investment opportunities.

Portfolio Companies

Representative past and present Energy & Power portfolio companies include: