Pelican Energy Partners

Pelican Energy Partners, established in 2011 and based in Houston, Texas, is a private equity firm specializing in strategic investments in small to mid-market energy service and equipment businesses. The firm focuses on companies within the energy, manufacturing, and related sectors, primarily in the United States and Canada. Pelican Energy Partners aims to invest in businesses with high growth potential, supporting their development through strategic guidance and operational expertise.

William Chiles

Managing Partner

Jason Doan

Associate

Paul Ernster

Senior Associate

Greg Hottle

Operating Partner

Christian Juengling

Associate

Ian Levy

Senior Associate

Ryan Lloyd

Senior Associate

Seth Long

Operating Partner and Director of Safety, Health, and Environment

Mike Scott

Managing Partner, Founder

Jay Surina

Managing Director

Sam Veselka

Principal

Walter Weathers

Managing Director

Joe Welsh

Managing Director

Past deals in Nuclear Energy

Everstar

Pre Seed Round in 2025
Everstar is a technology company that specializes in AI-driven solutions for the nuclear power industry. It develops an AI-powered system to assist in the operation and management of nuclear power plants, aiming to enhance safety and efficiency. The company's platform simplifies regulatory compliance by providing features such as training on millions of regulations and quantum technology for design and safety analyses. This enables customers to streamline compliance processes and accelerate model-based design and safety analyses.

Lancs Industries

Acquisition in 2025
Lancs Industries specializes in the manufacture of radiation shielding and containment products aimed at enhancing safety in hazardous work environments. The company provides a diverse array of products, including lead wool blankets, non-lead shielding made from tungsten and bismuth, glove bags, containment tents, radiation sleeving, protective bags, and containment sheeting. These offerings are designed for use in maintenance sectors, nuclear waste remediation, and the nuclear power industry, allowing clients to mitigate risks and protect workers from radiation exposure.

Container Technologies Industries

Acquisition in 2024
Container Technologies Industries, LLC specializes in the design, development, and manufacturing of standard and custom containers primarily for the nuclear sector. The company produces a variety of containers, including those for the storage and transport of low-level radioactive waste, hazardous waste, and specialty materials. Its product range includes laundry boxes, security containers, shielded containers, and fold-down transport containers, among others. In addition to manufacturing, Container Technologies provides engineering and design services, finite element analysis, as well as certification and testing services. Founded in 1999 and based in Helenwood, Tennessee, the company serves clients across the United States, Canada, Hawaii, and internationally, focusing on solutions for the safe storage, transport, and disposal of nuclear waste.

Blue Wave AI Labs

Private Equity Round in 2023
Blue Wave AI Labs, founded in 2016, specializes in developing customized artificial intelligence solutions that address complex problems across various industries, with a particular focus on the nuclear energy sector. The company combines academic resources and industry expertise, led by Dr. Tom Gruenwald, to create innovative predictive analytics platforms. Unlike typical AI firms that offer generic tools, Blue Wave tailors its solutions to meet the specific needs of its clients. The firm employs a multidisciplinary approach, integrating the knowledge of aerospace engineers, nuclear physicists, and data scientists to deliver effective solutions. Its technology includes the development of virtual sensors that monitor critical systems, allowing clients to identify and resolve issues while enhancing operational safety and efficiency. Through this unique methodology, Blue Wave AI Labs aims to tackle challenges that were previously deemed unsolvable, thereby contributing to advancements in various fields.
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