Guardian Holdings Limited (GHL), one of the region’s
largest financial services institutions, has
launched a private equity initiative that provides
capital for investments in the upstream, midstream,
downstream, power and service sectors in Trinidad
and Tobago and the wider Caribbean region.
• Closed end Private Equity and Mezzanine vehicle
• Geographical focus: Trinidad and Tobago and the
Caribbean region
• Target investment size: US$2-10million
• Investment structure: common equity, preferred
equity and convertible debt
• Average investment duration: 5 to 7 years
Our proposed approach to investments in the energy
sector leverages our strengths in risk appraisal and
management, and will boost returns of shareholder
capital.
With over US$1 billion of funds already under
management, we are the ideal partner for proven,
successful energy entrepreneurs operating or
launching high growth ventures, who would like to
leverage our substantial experience and expertise as
a financier, investment analyst, business manager,
fund manager and advisor, to secure success. An
advisory board of respected energy sector experts
will provide guidance as requested to portfolio
companies in the successful execution of their
business plans.
Promethus Energy Partners
The Promethus Energy fund is a private equity
initiative that provides capital for investments in
the upstream, midstream, downstream, power and
service sectors in Trinidad and Tobago and the wider
Caribbean region. Launched in 2005, the fund aims to
enhance GHL’s returns on invested capital, diversify
its sources of revenue and take advantage of the
opportunities in the regional energy industry and ,
more specially, in the booming Trinidad and Tobago
energy sector. Promethus invests along the energy
value chain from the upstream (exploration and
production) sector, to midstream, downstream and
service sectors, and in all stages of the investment
life cycle.
We are the ideal partner for proven, successful
energy entrepreneurs operating or launching high
growth ventures who would like to leverage our
substantial experience and expertise as a financier,
investment analyst, business manager and advisor, to
secure success. An advisory board of respected
energy sector experts will provide guidance as
requested to portfolio companies in the successful
execution of their business plans.
Promethus has invested US $25million to date in five
investments including an independent E&P operator, a
calcium chloride/ caustic soda facility, a sub-sea
pipeline to transport gas from Tobago to some of the
Eastern Caribbean islands, a gas to liquids facility
and an offshore support services facility. Three of
the five portfolio investments are Greenfield
projects.
Prometheus’ deal flow continues to be strong as the
Government continues on its path to achieve
“developed country status” by 2020. Projects
currently under development include an ammonia/urea/UAN
complex, an integrated iron and steel complex, an
ethylene complex, a polypropylene complex and a
maleic anhydride facility.
Prometheus is managed by Kristine Gibbon-Thompson,
GHL’s Vice President, Business Development, and is
currently in the process of raising additional
capital from external sources for a second fund.
.
Why choose GHL as a Financial Partner?
The financial strength of our organization, coupled
with our solid reputation for integrity and our
stellar track record of growth and shareholder value
creation make us the ideal partner.
We have built a depth of expertise as financiers,
investment analysts, business managers, fund
managers and advisors. Guided by an advisory board
of well-respected independent energy sector experts,
we will provide advisory services as requested to
portfolio companies in the successful execution of
their business plans.
.
Why the name “Prometheus Energy Partners”?
Prometheus is a figure in Greek mythology that is
most renowned for taking fire from the Gods and
giving it to mere mortals. The giving of what was
once considered sacred and restricted provided a
catalyst for inventiveness, productivity and the
empowerment of the people.
So too, Prometheus Energy Partners will contribute
to the sustainable development of the local energy
industry and will provide for greater local
participation in the form of local ownership of
energy sector assets.
The name “Prometheus” when translated means
“foresight”; and in this vein we are breaking new
ground in the local and regional capital markets by
being the first private equity portfolio in the
Caribbean.
