Grenadier Energy III has added an initial $350 million equity commitment from EnCap Investments, a provider of growth capital to the independent sector of the U.S. energy industry.
Grenadier is an upstream exploration and production company focused on acquiring, developing and exploiting assets to create significant enterprise value and return that value to its stakeholders. The firm has a long-standing relationship with EnCap.
In other news, Grenadier has promoted Kyle Noyes to president and COO, Lenny Lilja to CFO, and Thomas Belsha to chief technical officer – business development and engineering.
