The Principals believe that their experience as a team in the midstream energy sector will allow them to capitalize on the attractive investment opportunity that currently exists to acquire midstream energy assets. Some strengths that the Principals bring to HEP III are:
Strategic Vision – Demonstrated ability to identify attractive opportunities within the midstream energy sector based on over 100 years of combined sector experience.
Management Focus – Hands-on approach offering portfolio company management teams a wealth of experience in all aspects of the midstream energy sector.
Regulatory Knowledge – Deep understanding of regulated businesses, competitive markets and the dynamics of transitioning from a highly regulated market to a more competitive market.
Technical Expertise – Extensive experience in the application of technology within the energy industry and access to a vast network of technologists at the U.S. National Laboratories, universities and the European natural gas research community.
Energy Industry Relationships – Network of relationships throughout all areas of the energy sector, including energy merchants, oil and gas producers, pipeline operators, utilities, independent project developers and federal and state regulators.
Financing Capabilities – Experience in arranging financing for portfolio companies and individual projects from a variety of sources, including public and private equity markets, public and private debt markets, and bank debt markets, as well as non-recourse project financings.
In addition, the Principals will work closely with Haddington’s Advisory Board, which is comprised of an experienced group of leading energy experts. The Advisory Board will assist the Fund in identifying macroeconomic trends in the industry, conducting due diligence on specific opportunities, recruiting management for portfolio companies and sourcing transactions.
