Bleutec Industries Holding Ltd. Co (“Bleutec”)

Bleutec is a premier provider of piling and wind turbine installation services to the offshore wind market. The company is a builder, owner, and operator of Jones Act-compliant offshore wind turbine installation vessels that offer significant competitive advantages compared to conventional heavy-lift jack-up wind turbine installation vessels that are currently used by the offshore wind sector.  Bleutec’s proprietary vessel design enables significant cost and operating efficiencies to be realized, but also greater operating capacity including installation of up to 22 megawatt turbines, which is unmatched in the industry.  Bleutec’s Jones Act-compliant vessels will be U.S. flagged and will employ U.S. mariners and crews.  The company is expected to deploy its initial vessels during the early part of 2026, making it one of the first Jones-Act compliant service providers in the U.S. market.  The company is led by a senior management team with extensive experience and a track record of success in the offshore construction and maritime service sectors.

EnCap Investments L.P. (“EnCap”)

Since 1988, EnCap Investments has been a leading provider of growth capital to the independent sector of the U.S. energy industry. The firm has raised 23 institutional investment funds totaling approximately $39 billion and currently manages capital on behalf of more than 350 U.S. and international investors. Founded in 2019, the EnCap Energy Transition platform is led by four Managing Partners, each with 30-35 years of experience in the development and operations of renewables and power generation.

PPHB, LP (“PPHB”)

PPHB is an independent investment banking firm providing financial advisory services to middle market companies that offer products and services to the following end markets: