Energy Capital Partners

Founded in 2005 by former Goldman Sachs executives, Energy Capital Partners (ECP) is a major private equity firm focused on North American energy infrastructure. The firm established itself early on by raising one of the largest debut funds in history at $2.25 billion in 2007. Its investment mandate covers a broad spectrum of the energy transition, including natural gas power generation, renewable energy, energy storage, and environmental services.

Over its history, ECP has executed high-profile transactions, such as the record-breaking leveraged buyout of Energy Future Holdings as part of a consortium and the $5.6 billion take-private of Calpine. In recent years, the firm has expanded its footprint through strategic partnerships and mergers, most notably its August 2024 merger with Bridgepoint Group to form a global private assets platform. The firm has also pivoted toward AI-driven infrastructure, forming multi-billion dollar partnerships with KKR and ADQ to develop data centers and power capacity for artificial intelligence.