First Reserve, GenPower’s joint venture partner, is the world's leading private equity firm specializing in the energy industry, with more than $18 billion under management in three active funds.
Learn MoreFirst Reserve, GenPower’s joint venture partner, is the world's leading private equity firm specializing in the energy industry, with more than $18 billion under management in three active funds. Throughout its 25-year history, First Reserve has invested exclusively in the energy sector and utilized its broad base of specialized industry knowledge for the benefit of its portfolio companies and investors.
First Reserve is an independently owned firm whose current management team, in place since 1983, has more than 300 years of energy investment experience.
Since 1992, First Reserve has invested approximately $12 billion in equity in over 100 platform investments and approximately 300 add-on transactions.
- Leading energy focused private equity firm
- Over $18 billion in assets under management
- Portfolio companies employ more than 118,000 people worldwide
- 100 principle transactions with an aggregate total transaction value of $60 billion
- Fund XII at approximately $9 billion is the largest energy specific fund ever raised
- Demonstrated commitment to renewable energy sector