NGP Energy Capital Management

NGP Energy Capital Management (formerly Natural Gas Partners) is a private equity and venture capital firm specializing in investments across the North American energy and natural resources sectors. The firm targets oil and natural gas production, acquisition, exploitation, and development drilling companies, midstream and oilfield services businesses, natural gas gathering and processing, renewables, power technology, and energy transition companies, with selective activity in water resources and services, food and agriculture, and coastal protection sectors, committing $2 million to $500 million per transaction. Transaction types span the full company lifecycle, including seed and start-up investments, emerging growth and middle-market financings, later-stage growth capital, industry consolidations, recapitalizations, PIPEs, and direct co-investments in oil and gas property interests alongside its portfolio companies, with both control and minority ownership positions pursued depending on transaction structure. NGP applies an entrepreneur-led, business-building investment philosophy spanning more than three decades, serving as an active sponsor and strategic partner to management teams across upstream, midstream, renewables, and energy technology, while integrating environmental, social, and governance principles throughout its investment process. The firm's geographic focus spans the United States, Canada, the Caribbean, Central America, and Mexico. Founded in 1988 by David Albin and Kenneth A. Hersh, the firm is headquartered in Irving, Texas (also cited as Dallas, Texas), United States.