Ontario Teachers partners in $300 mln funding of EdgeMarc Energy
U.S.-based EdgeMarc Energy Holdings LLC has closed an incremental US$300 million equity commitment, bringing its total commitments to over US$750 million. Teachers' Private Capital, the private equity investment arm of the Ontario Teachers’ Pension Plan, contributed to the latest deal, joining Goldman Sachs, an existing backer of the company. EdgeMarc is an explorer and producer of natural gas and natural gas liquids in Ohio and Pennsylvania. Founded in 2012, it has acquired 50,000 net acres in these states for drilling and production purposes.
27 October 2015•3 mins read
