First Reserve is an investment firm with over 40 years of experience deploying capital across the evolving energy economy. The firm has raised more than $34 billion and completed over 750 transactions, establishing it as an established operator across traditional energy, transitional energy, utilities, industrial markets, and infrastructure. Its global reach spans the energy system and related sectors, with a team of 20+ investment professionals.
The firm pursues a multi-strategy approach through complementary vehicles: Infrastructure Solutions, Value-Added Infrastructure, and Resources. This structure allows First Reserve to capture opportunities across the energy transition, from primary investments to opportunistic deployment. The firm's investment approach encompasses the full lifecycle from sourcing through exit, working alongside management teams to execute transformational growth.
First Reserve's positioning reflects the structural shift underway in global energy markets. The combination of experience in traditional hydrocarbon assets with deep expertise in energy transition opportunities positions the firm to identify and capture value across the dual economy. The breadth of its transaction history and capital base provides operational leverage for portfolio companies seeking scale or repositioning in an evolving regulatory and technology landscape.