PROSTAR CAPITAL (US) LLC
PROSTAR CAPITAL (US) LLC is a Series C+, debt and buyout fund in the US, asia-pacific and middle-east writing $50M–$150M checks into energy-infrastructure, clean-energy, transition-energy, midstream, solar, hydrogen-fuel-cell and natural-gas.
- Stages
- Series C+, debt, buyout
- Sectors
- energy-infrastructure, clean-energy, transition-energy, midstream, solar, hydrogen-fuel-cell, natural-gas
- Check size
- $50M–$150M
- Invests in
- US-wide, asia-pacific, middle-east
- Actively investing
- Yes
- Founded
- 2012
- Assets under management
- $750M
Thesis
Prostar Capital, founded in 2012, is a private investment firm focused on mid-market energy infrastructure assets, particularly in the transition and clean energy sectors. Their strategy involves acquiring undervalued companies with sustainable cash flows, primarily within OECD Asia-Pacific countries, to support rising global energy demand and facilitate the transition to carbon neutrality. They target mid-sized companies with enterprise valuations under $1 billion, with a focus on midstream infrastructure, renewable energy sources like solar and hydrogen, and natural gas. Prostar Capital employs a hands-on approach, willing to partner with existing operators or pursue full buyouts, and aims for long-term investments to increase yields over several years. The firm has managed significant funds, such as the $750 million Prostar Energy Infrastructure Fund II (2019), which focused on midstream opportunities with investments ranging from $50 million to $150 million per deal. Their geographic scope includes North America, Asia-Pacific, and the Middle East, with a strong emphasis on OECD Asia-Pacific. Prostar Capital's investment stage preference includes Conventional Debt rounds and Buyout/LBO deals.
Common questions
Does PROSTAR CAPITAL (US) LLC invest at the Series C+ stage?
Yes. PROSTAR CAPITAL (US) LLC lists Series C+, debt and buyout among the stages it invests in.
What check size does PROSTAR CAPITAL (US) LLC write?
PROSTAR CAPITAL (US) LLC writes $50M–$150M checks.
Where does PROSTAR CAPITAL (US) LLC invest?
PROSTAR CAPITAL (US) LLC invests in the US, asia-pacific and middle-east.