Prostar Capital

Prostar Capital (US) LLC is a private equity firm established in 2012, headquartered in Greenwich, Connecticut, with additional offices in Hong Kong and Sydney, Australia. The firm specializes in mid-market investments within the global energy supply chain, particularly focusing on midstream energy infrastructure, storage, and downstream transportation and distribution assets. Prostar Capital targets operating companies, projects, and assets with an enterprise value of less than $1 billion, leveraging the expertise of its experienced management team in investment and operations. The firm emphasizes a proactive approach to value creation, collaborating with local operating partners to enhance the growth and performance of its portfolio companies. Through its strategic oversight, Prostar Capital aims to capitalize on unique investment opportunities in the energy sector while driving operational improvements.

Steve Bickerton

Co-Founder, Senior Managing Director and Member of the Investment Committee

Stuart Blackadder

Managing Director and Head

Marcus Lorentz

Managing Director

Ali Malik

Vice President

Dave Noakes

Co-Founder, Senior Managing Director and Member of the Investment Committee

Garrett Sussman

Principal and Head of Portfolio Management

John Troy

Partner

Paul Viscontini

Principal and Head of Asset Management

4 past transactions

Fujairah Oil Terminal

Debt Financing in 2021
Fujairah Oil Terminal FZC operates a significant onshore oil storage facility in the port of Fujairah, United Arab Emirates, with a capacity of 1.177 million cubic meters. The terminal serves as an independent third-party storage solution, catering to a diverse range of oil products, including crude oil, fuel oil, gasoil, and gasoline. Its services encompass the loading and discharge of very large crude carriers, blending of various oil products, and the management of combination cargoes for both regional and international markets. Additionally, the facility provides storage and supply of bunker fuel, inter and intra-tank transfers, heating, and nitrogen blanketing, supported by high-speed pumps and dedicated product lines. Fujairah Oil Terminal is a subsidiary of Sinomart KTS Development Limited and is partially owned by the government of Fujairah.

Kyung Nam Energy

Acquisition in 2017
Kyungnam Energy Co., Ltd. is a distributor of clean and safe natural gas, serving residential, commercial, and industrial customers in South Korea. The company operates an extensive network of pipelines to deliver natural gas, which enhances the quality of life for its consumers while also contributing to environmental preservation. In addition to its role in natural gas distribution, Kyungnam Energy is committed to advancing the renewable energy sector. It focuses on developing innovative energy supply systems, including fuel cells, solar energy, and hydrogen generation projects. By striving to be a leader in the energy industry, Kyungnam Energy aims to support local economies and prepare for a sustainable energy future.

Fujairah Oil Terminal

Private Equity Round in 2015
Fujairah Oil Terminal FZC operates a significant onshore oil storage facility in the port of Fujairah, United Arab Emirates, with a capacity of 1.177 million cubic meters. The terminal serves as an independent third-party storage solution, catering to a diverse range of oil products, including crude oil, fuel oil, gasoil, and gasoline. Its services encompass the loading and discharge of very large crude carriers, blending of various oil products, and the management of combination cargoes for both regional and international markets. Additionally, the facility provides storage and supply of bunker fuel, inter and intra-tank transfers, heating, and nitrogen blanketing, supported by high-speed pumps and dedicated product lines. Fujairah Oil Terminal is a subsidiary of Sinomart KTS Development Limited and is partially owned by the government of Fujairah.

Fujairah Oil Terminal

Private Equity Round in 2013
Fujairah Oil Terminal FZC operates a significant onshore oil storage facility in the port of Fujairah, United Arab Emirates, with a capacity of 1.177 million cubic meters. The terminal serves as an independent third-party storage solution, catering to a diverse range of oil products, including crude oil, fuel oil, gasoil, and gasoline. Its services encompass the loading and discharge of very large crude carriers, blending of various oil products, and the management of combination cargoes for both regional and international markets. Additionally, the facility provides storage and supply of bunker fuel, inter and intra-tank transfers, heating, and nitrogen blanketing, supported by high-speed pumps and dedicated product lines. Fujairah Oil Terminal is a subsidiary of Sinomart KTS Development Limited and is partially owned by the government of Fujairah.
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