Bapco Energies has invested in Kimmeridge Fund VII, the flagship investment fund of energy-focused asset manager Kimmeridge, in a move that establishes a strategic partnership between the two organisations.
The investment was completed through BeVentures, the corporate venture capital arm of Bapco Energies, an integrated energy group focused on powering the next generation and supporting Bahrain’s long-term energy security.
Partnership to Explore Natural Gas and LNG Opportunities
The agreement provides a framework for Bapco Energies and Kimmeridge to explore potential investment and business opportunities across the natural gas and liquefied natural gas (LNG) value chain.
It will also give Bapco Energies greater visibility into potential future co-investment opportunities that align with the Kingdom of Bahrain’s long-term energy priorities.
The partnership is expected to provide a platform for identifying opportunities within the energy sector while supporting Bapco Energies’ broader investment objectives.
Kimmeridge’s Background and Investment Strategy
Founded in 2012 by Ben Dell, Dr. Neil McMahon and Henry Makansi, Kimmeridge is an alternative asset management firm specialising in the energy sector.
The firm employs a direct investment strategy supported by technical expertise, active portfolio management, proprietary research and data gathering.
Kimmeridge operates across the United States, the United Kingdom and the United Arab Emirates, with its investment activities focused on opportunities within the energy industry.