Denham Capital Management

Denham Capital Management is a private equity investment firm based in Boston, Massachusetts, founded in 2004. The firm specializes in investments across the entire corporate lifecycle, focusing on energy, commodities, and resources. It targets sectors such as oil and gas, mining, and power, making direct investments in various businesses from development projects to mature operations. Denham Capital engages in a wide range of activities within the oil and gas sector, including upstream exploration and production, midstream infrastructure development, and specialized oilfield services. Additionally, the firm has an emphasis on sustainable infrastructure and impact investments, particularly in clean energy and related sectors.

Trevor Anderson

Vice President

Brian Bonnesen

Managing Director

Jorge Camiña

Partner and Head of Sustainable Infrastructure Credit

Adam Carte

Operating Partner

Joe Casey

Managing Director, Strategy and Corporate Development

Justin DeAngelis

Partner and Member of Investment and Valuation Committees

Alberto Garcia

Managing Director

Franklin Goldszer

Associate

Ethan Kao

Associate

Bert Koth

Partner, Mining Fund and Investment Committee and Valuation Committee Member

Sarah Lane

Managing Director

Justin Machin

Managing Director

Scott Mackin

Partner and Investment Committee and Valuation Committee Member

Nicholas Meyer

Vice President

Stuart Porter

Senior Partner

Timothy Radcliff

Managing Director

Ricardo Ramirez

Director

Brian Rodio

Associate

Ziad Saliba

Associate

Rob Still

Partner and Fund Investment Committee and Valuation Committee Member

Carl Tricoli

Co-Founder, Partner and Investment Committee and Valuation Committee Member

Wallace Varga

Managing Director and CFO

Robert Warburton

Operating Partner

Jackson Wood

Vice President

13 past transactions

Ceiba Energy

Post in 2020
Ceiba Energy, LLC is a Houston-based company founded in 2015 that specializes in the ownership, development, and operation of power generation assets. The firm emphasizes renewable energy solutions and low-carbon generation to support the transition to cleaner energy sources. Ceiba Energy focuses on projects across Latin America, encompassing both gas-fired and renewable energy initiatives, which aim to provide affordable and low-carbon power. Additionally, the company is engaged in capacity firming, enhancing the reliability and stability of renewable energy supply. Through its commitment to clean energy solutions, Ceiba Energy seeks to deliver strong returns while contributing to the broader goal of sustainable energy development.

Rio Energy international Inc

Private Equity Round in 2017
Rio Energy International, Inc. offers crude oil, refined petroleum, and petrochemical products buying, transportation, storage, blending, and reselling services. Additionally, it provides crude oil supply and marketing services. Rio Energy International, Inc. was founded in 1980 and is headquartered in Houston, Texas.

JDS Silver

Venture Round in 2016
JDS Silver Inc. is engaged in the development of silver and base metals assets primarily located in Northern British Columbia and the Yukon Territory. The company also holds an interest in a lead and zinc concentrator and is based in Vancouver, Canada. With a management team boasting over 100 years of collective experience in resource identification and development, JDS Silver focuses on maximizing the value of mining assets that are often underutilized. The company's approach emphasizes the exploration of mining projects that present unique opportunities and aims to create profitable ventures that generate quick cash flow and long-term benefits for stakeholders. As of October 2017, JDS Silver operates as a subsidiary of Coeur Mining, Inc.

Tall City Exploration

Private Equity Round in 2016
Tall City Exploration II LLC operates as an oil and gas exploration and production company. The company’s primary activities include the pursuit of acquisitions and the exploration and development of upstream oil and gas assets in the Permian Basin. Tall City Exploration II LLC was formerly known as Tall City Exploration, LLC. The company was incorporated in 2012 and is based in Midland, Texas.

Jenner Renewables

Private Equity Round in 2015
Jenner Renewables is an independent power producer dedicated to the global development of renewable energy projects. The company focuses on the development, financing, construction, and divestment of renewable infrastructure assets, particularly in Latin America. By investing in premium technologies and projects that promise stable cash flow, Jenner Renewables aims to maximize long-term value for its stakeholders. The firm emphasizes respect for local communities and the environment, reflecting its commitment to sustainability. With the increasing importance of renewable energy for energy independence and climate change mitigation, Jenner Renewables positions itself as a principled and proactive player in the industry.

SportAD

Seed Round in 2015
SportAD is a developer of innovative gaming solutions tailored for the global betting and fantasy sports markets. Founded by experts from the iGaming and digital media industries, the company specializes in creating engaging player-versus-player matchups featuring star athletes across various sports. Their platform offers a range of daily fantasy sports games that appeal to both casual and experienced players. SportAD's games enable users to select athletes and wager on their performance, enhancing the excitement of pre-match and in-game betting. The platform is designed to provide a higher win ratio and ensures greater integrity and protections compared to traditional fantasy sports operators, catering to the risk management and market-making needs inherent in sports analytics.

Endeavor Energy

Private Equity Round in 2013
Endeavor Energy Holdings, LLC is an independent power project company based in Houston, Texas, focused on developing and investing in power generation facilities across Africa. Established in 2013, the company specializes in a range of energy solutions, including integrated fuel-to-power projects such as LNG-to-power and LPG-to-power systems, as well as thermal, hydroelectric, biomass, waste-to-energy, and hybrid power generation plants. Led by a management team with extensive experience in the independent power sector, Endeavor Energy is backed by global private equity investor Denham Capital, providing it with the financial and operational capacity to engage in multiple power development projects. The company's expertise enables it to identify and execute opportunities that create significant value for investors while facilitating power distribution in the regions it operates.

Fotowatio Renewable Ventures

Private Equity Round in 2012
Fotowatio Renewable Ventures, B.V., based in Madrid, Spain, specializes in the development, construction, financing, operation, and maintenance of solar energy projects, with a primary focus on photovoltaic and thermosolar technologies. Established in 2006, the company operates across multiple regions, including Europe, Africa, Oceania, Australia, the Middle East, and Latin America. As a subsidiary of Abdul Latif Jameel Energy and Environmental Services, Fotowatio Renewable Ventures is committed to providing renewable energy solutions that are economically viable, sustainable, and accessible. The company aims to demonstrate that renewable energy is a superior alternative to fossil fuels, emphasizing its role in driving social, environmental, and economic benefits. With a strong foundation built on experience and innovation, Fotowatio Renewable Ventures has successfully completed projects that meet original investment expectations, ensuring both quality and productivity while generating competitive energy solutions for consumers. Through its technical expertise and commitment to sustainability, the company seeks to lead the transition towards a more sustainable energy future on a global scale.

Tradition Midstream

Private Equity Round in 2011
Tradition Midstream is focused on designing, building, owning, operating and acquiring midstream assets to provide services to energy producers and consumers.

Gradient Resources Inc.

Private Equity Round in 2010
Gradient Resources Inc. (formerly Vulcan Power Company) engages in developing and operating geothermal power plants in the western United States. It holds a portfolio of private and federal geothermal property leases and applications, and delivers geothermal power to its customers in California, Nevada, Oregon, and Arizona. The company was founded in 1991 and is based in Bend, Oregon.

CariSal

Venture Round in 2008
CariSal is a global manufacturing company specializing in calcium chloride, caustic soda and other specialty chemicals. Formed in 2005, it aims to be a leading supplier of caustic soda, calcium chloride and other related products to Trinidad, the Caribbean, Latin and North America, and West Africa, for the oil-field services, road construction, ice-melt, and other markets. CariSal also currently supplies ClearPath(TM) to the US ice-melt market.

VitAG

Private Equity Round in 2008
VitAG Corporation engages in the disposition of municipal biosolids and animal residuals into inorganic fertilizers. Its VitAG recycling technology transforms biosolids into ammonium sulfate granular fertilizers. The company sells its fertilizers through distributors in the United States and internationally. VitAG Corporation is based in Beech Island, South Carolina.

Stormfisher Biogas

Private Equity Round in 2008
Renewable energy company that builds, owns and operates biogas plants across North America. Works with the food processing and agricultural industries, processes organic by-products and converts them into natural gas and electricity.
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