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First Reserve Corporation is a private equity firm specializing in leveraged buyouts and growth capital investments in the energy sector. First Reserve was founded in 1984 and is the oldest and largest private equity fund dedicated to investments in the energy sector. As of the end of 2007, First Reserve had approximately 55 employees across three offices in Greenwich, Connecticut, Houston, Texas and London. ==Investments== The firm is currently investing out of its twelfth private equity fund First Reserve Fund XII LP, raised in 2008 with approximately $8.9 billion of investor commitments, which is the largest energy-focused fund raised to that point.〔Taylor, James. "(First Reserve raises record $8bn energy fund )." DowJones Financial News, August 9, 2006.〕 Fund XI was raised in 2006 with $7.8 billion of investor commitments. Fund XI was more than $5.5 billion larger (and three times the size) of Fund X which closed with $2.3 billion in 2004. First Reserve's fundraising has benefited from the recent focus on the energy industry in the broader market. In 2008, First Reserve advanced its renewable energy investment program with the €261 million acquisition of Gamesa Solar. Additionally, First Reserve committed €600 million to form a European renewable energy group with the ability to deliver solar capacity of up to 400MW in Southern Europe by 2012.〔Arnold, Martin. "(First Reserve to invest $940m in solar energy )." Financial Times, April 28, 2008〕 Among First Reserve's most notable transactions in the traditional energy sector include: * PBF Energy, 2008 * CHC Helicopter, 2008 * Brand Services, 2007〔(First Reserve Buys Infrastructure Services Co. ) Buyouts, January 22, 2007.〕 * Dresser Industries, 2004〔Rozhon, Tracie. "(Buyout Firm to Acquire Ingersoll-Rand Unit )." New York Times, August 26, 2004.〕 * Pride International, 1999〔Acquisition of the sixth-largest United States drilling company. "(COMPANY NEWS; PRIDE TO SELL SHARES WORTH $75 MILLION TO FIRST RESERVE )." New York Times, May 6, 1999.〕 * Enterra Corporation, 1994〔"(COMPANY NEWS; ENTERRA TO ACQUIRE TOTAL ENERGY SERVICES )." New York Times, April 19, 1994.〕 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「First Reserve Corporation」の詳細全文を読む スポンサード リンク
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