Endeavor Energy Joins World Bank’s Newly Established Global Infrastructure Facility as Strategic Advisor

10/16/14

Endeavor Energy, a privately owned independent power development and generation company backed by leading energy-focused global private equity firm Denham Capital, has agreed to join the World Bank’s recently launched Global Infrastructure Facility (GIF).

 

The global open platform will facilitate the preparation and structuring of complex infrastructure public-private partnerships to mobilize private sector and institutional investor capital by offering governments, multilateral development banks, private sector investors and financiers a new way to collaborate on complex projects that no single institution could do on its own.

 

As an Advisory Partner, Endeavor will provide outside expertise required to deliver complex public-private infrastructure projects that no single institution could address individually.  

 

“We are very pleased to serve as an Advisory Partner to the Global Infrastructure Facility. Africa consists of many of the low and middle income countries targeted by GIF. It is estimated that the region needs $40.8 billion annual investment in the power sector alone,” said Sean Long, CEO of Endeavor. “We welcome this opportunity to broaden our contribution to investment in infrastructure globally and are particularly eager to see the continued economic growth throughout the many countries in Africa by assisting GIF in its efforts.”

 

Endeavor joins some of the world’s largest asset management and private equity firms, pension and insurance funds and commercial banks alongside multilateral development institutions and donor nations. Collectively, they form an effort that will work together in order to unlock billions of dollars for infrastructure in the developing world.

 

“Endeavor’s participation in the Global Infrastructure Facility is another example of how our portfolio companies across the globe are working to provide affordable power resources to emerging markets,” added Justin DeAngelis, a Director at Denham Capital. “Sean and his team will be able to share valuable insights from their unique experience developing power projects in Africa.” 

 

GIF will begin operations later this year in a pilot phase that will test out new models to deliver complex public-private infrastructure in low and middle income countries with a focus on climate friendly investments as well as ventures to bolster trade.

 

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About Endeavor Energy

Endeavor Energy is a privately held international independent power producer (IPP) company, headquartered in Houston, Texas, focused on developing and investing in power generation facilities in Africa.  Endeavor Energy is led by a seasoned management team with extensive IPP experience around the world, and a proven record of identifying and executing on project development and acquisition opportunities in Africa and elsewhere. With the financial backing of energy-focused global private equity investor Denham Capital, the company possesses significant financial and operational capability to generate and participate in multiple power development projects in Africa.  Endeavor Energy is also a sponsor of the U.S. government’s Power Africa initiative.  For additional information, please call +1 (281) 369-5908 or email us at contact.us@endeavor-energy.com. For more information about Endeavor, visit www.endeavor-energy.com.

 

About Denham Capital

Denham Capital is a leading energy and resources-focused global private equity firm with more than $7.9 billion of invested and committed capital across seven fund vehicles and offices in London, Boston, Houston, São Paulo and Perth. The firm makes direct investments in the energy and resources sectors, including businesses involving power generation, oil and gas, and mining, across the globe and all stages of the corporate lifecycle. Denham’s investment professionals apply deep operational and industry experience and work in partnership with management teams to achieve long-term investment objectives. For more information about Denham Capital, visit www.denhamcapital.com.

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