Shareholders and Financial Support

Energean benefits from having strong and blue-chip financial partners in the form of the European Bank for Reconstruction and Development (EBRD), Third Point LLC and Kerogen Capital.


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Energean's founding shareholders are Mr. Mathios Rigas and Mr. Stathis Topouzoglou. 

 

In May 2013, Third Point LLC, the SEC-registered investment firm based in New York, invested in Energean through the Third Point Hellenic Recovery Fund, to support its Prinos and Epsilon development programme and its licence tenders in W. Greece.

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In May 2016, EBRD and Energean announced a US$75 million reserve based loan agreement to support the Company's ongoing investment programme for the development of the Prinos field.

 

This was followed by a further US$20 million loan for exploration in the Prinos Basin and the Company's new projects in Western Greece.

 

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Kerogen Capital invested in Energean Israel as a partner in the development of the Karish and Tanin offshore gas fields in February 2017. 

 

Kerogen Capital is an independent private equity fund manager based in Hong Kong and London, specialising in the Oil & Gas sector. It manages over US$2 billion across multiple funds.