We were the founding shareholders and partners of Arq, an innovative energy technology business focused on converting waste from the coal mining process into specialty carbon and high quality hydrocarbons. Over a seven year business partnership, we helped grow Arq from a start-up to an international business operation building the world's first coal waste reprocessing facility in Corbin, Kentucky, through strategic partnerships with Vitol, Mitsubishi, Peabody and Hafnia. The business was eventually sold to Advanced Emissions Solutions Inc, a NASDAQ listed activated carbon manufacturer in February 2023.
We advise and partner with management teams in the acquisition of traditional energy infrastructure around the world. We partnered with Greenfire Resources, a Canadian oil producer, in the acquisition of two facilities in Canada producing 30,000 bbl/d, including the Canadian operations of JAPEX, the Japanese National Oil Company, in partnership with the management team and Trafigura. We also steered Greenfire in the reverse listing of the company on the NYSE through a SPAC transaction.