Furie Operating Alaska
In July 2014, Energy Capital completed an investment commitment to Furie Operating Alaska, LLC (“Furie”), a growth-oriented independent oil & gas company, from its Mezzanine Opportunities Fund.
This investment funded the build-out of infrastructure for the installation of an offshore natural gas production platform, marine pipeline, and onshore production facilities to bring proven natural gas reserves to market from Furie’s Kitchen Lights Unit in the Cook Inlet (“KLU”).
The offshore platform was the first new Cook Inlet production platform installed since 2000. The KLU infrastructure allows Furie to bring a newly discovered natural gas field online to diversify supply for the Kenai Peninsula, Mat-Su Valley and Anchorage areas.