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NGP News and Insights
Permian Resources Corporation Announces Secondary Public Offering of Class A Common Stock
December 19, 2023 06:35 AM Eastern Standard Time MIDLAND, Texas–(BUSINESS WIRE)–Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced the commencement of an underwritten public offering of an aggregate 39,414,415 shares of its Class A Common Stock, par value $0.0001 per share (“Class A common stock”), by certain affiliates of NGP Energy ...
Segue Sustainable Infrastructure Closes Second Capital Pool
SAN FRANCISCO – December 7, 2023 – ( Newswire.com ) Segue Sustainable Infrastructure, a provider of development capital for domestic renewable energy and storage projects, has closed Segue Renewables II (“SR2”), the successor capital pool to Segue Renewables I (“SR1”), which closed in the summer of 2021. SR2 will continue to support developers of clean ...
NGP invests in PhysicsX
PhysicsX emerges from stealth with $32M for AI to power engineering simulations Tech Crunch Article – Ingrid Lunden @ingridlunden A lot of the buzz these days in artificial intelligence is around generative AI and how AI is being used to accelerate software and products for consumers. Today, an AI startup called PhysicsX — co-founded by a former ...