BLUESCAPE ENERGY PARTNERS LLC other names

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Adviser Profile

As of Date:

03/27/2024

Adviser Type:

- Large advisory firm


Number of Employees:

8 -11.11%

of those in investment advisory functions:

5


Registration:

SEC, Approved, 7/8/2016

AUM:

833,593,402 -14.26%

of that, discretionary:

833,593,402 -14.26%

Private Fund GAV:

833,593,402 -14.26%

Avg Account Size:

166,718,680 -14.26%


SMA’s:

NO

Private Funds:

5

Contact Info

469 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
1B 1B 846M 676M 507M 338M 169M
2016 2017 2018 2019 2020 2021 2022 2023

Recent News

Bluescape Group
05/20/2023

We manages five investment platforms, including Bluescape Fund I, Parallel Resource Partners, Bluescape Energy Recapitalization and Restructuring ...

bluescapegroup.com

Top 5 3rd Quarter Trades of Bluescape Energy Partners LLC
10/13/2022

Related Stocks: NRG, EVRG, TAC, CNP, T7U,

gurufocus.com

Bluescape Energy Partners LLC Buys 1, Sells 4 in 2nd Quarter
07/25/2022

Related Stocks: NRG, EVRG, TAC, CNP, T7U,

gurufocus.com

Entergy Corp.
04/05/2021

Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. International ...

Barrons


Private Funds Structure

Fund Type Count GAV
Private Equity Fund 5 $833,593,402

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Private Funds



Employees




Top Holdings

Stock Ticker Stock Name $ Position % Position $ Change # Change
30034W106 EVERGY INC $140,766,345 34.00% -1.00% 0.00%
76665T102 RILEY EXPLORATION PERMIAN IN $128,011,224 31.00% -26.00% -13.00%
629377508 NRG ENERGY INC $118,307,491 28.00% 15.00% 0.00%
G60409110 METALS ACQUISITION LIMITED $28,520,829 7.00% 7.00% 0.00%
923372106 VERDE CLEAN FUELS INC $3,312,000 1.00% 4.00% 0.00%

Brochure Summary

Overview

Bluescape Energy Partners LLC (the “Manager” or “Bluescape”) is a Delaware Limited Liability Company formed in May 2015 and is ultimately controlled by C. John Wilder. As of the date of this Brochure, Bluescape provides investment advisory services, pursuant to the investment guidelines as set forth in the applicable offering memoranda or other offering documents, as supplemented from time to time, (each, a “Memorandum”), limited partnership or other operating agreements, as supplemented from time to time (each, a “Partnership Agreement” and together with any relevant Memorandum, the “Governing Documents”), to Bluescape Energy Recapitalization and Restructuring Fund III LP, a Delaware limited partnership (“BERR III”), Bluescape Energy Recapitalization and Restructuring Fund III (TE) LP, a Delaware limited partnership (“BERR TE III”), Bluescape Energy Recapitalization and Restructuring Fund III (IP) LP, a Delaware limited partnership (“BERR IP III”), Bluescape Energy Recapitalization and Restructuring Fund III (ECI) LP a Cayman Island exempted limited partnership (“BERR ECI III” and together with BERR III, BERR TE III and BERR IP III, the “BERR III Funds”) and Bluescape Energy Recapitalization and Restructuring Fund IV LP, a Delaware limited partnership (“BERR IV,” and together with the BERR III Funds and any future investment vehicles managed by Bluescape, the “Funds”). Bluescape Energy Partners III GP LLC, a Delaware limited liability company (the “General Partner III”) is the sole general partner of the BERR III Funds. Bluescape Energy Partners IV GP LLC, a Delaware limited liability company (the “General Partner IV,” and together with General Partner III, the “General Partners”) is the sole general partner of BERR IV. The General Partners are controlled by Bluescape Resources GP Holdings LLC, a wholly-owned subsidiary of Bluescape Resources Company LLC (“BRC”). The Funds are privately-offered private equity funds formed by Bluescape that will seek to make investments (equity or debt) in deep value and distressed opportunities in the energy sector, typically with board participation and other control elements, which will be primarily in the North American oil and gas and power sectors. As of the date of this Brochure, the BERR III Funds are outside of their investment period. Bluescape may provide investment advisory services to other private equity funds in the future. The General Partners have entered into side letters or other similar agreements (“Side Letters”) with certain investors that have the effect of establishing rights under, or altering or supplementing the terms (including economic or other terms) of, the relevant Governing Documents with respect to such investors. Bluescape may, in its sole discretion, offer co-investment opportunities to certain limited partners in the Funds (each a “Limited Partner,” and collectively the “Limited Partners”) and/or any other person or entity, including third parties, limited partners of any parallel fund, investors in any feeder fund, the General Partners, Bluescape, any Fund, certain employees and principals of Bluescape (the “Principals”) or their respective affiliates. Such co-investors may include entities formed by a General Partner, Bluescape, or their respective affiliates (in each case, with or without the participation of other persons or entities, including the limited Partners) (“Co-Investment Vehicles”). Co-Investments Vehicles will invest side-by-side
with a Fund in some or all of such Fund’s investments and may or may not be subject to a management fee or carried interest. Co- investments may take place concurrently with a Fund or subsequent thereto and will generally be made on substantially the same terms as the investment made by the Fund. Dispositions of any co- investments are expected to be made at the same time and on the same terms as the disposition of a Fund’s investment. In general, expenses related to the formation and operation of any Co-Investment Vehicles, many of which are similar in nature to those borne by the Funds, will be split pro rata among the applicable co-investors, whereas expenses related to a portfolio company will be split pro rata among the applicable Funds, the co-investors, any Co-Investment Vehicles, any other parallel funds, and any alternative investment vehicles based upon invested capital. Bluescape, in its sole discretion, may structure a co-investment so that co-investors and, if applicable, Co-Investment Vehicles, do not share in any broken-deal expenses. It is anticipated that, in the event that a transaction in which a co-investment was planned, including a transaction for which a co- investment was believed necessary in order to consummate such transaction or would otherwise be beneficial, in the judgment of a General Partner, ultimately is not consummated, all broken deal expenses relating to such proposed transaction will be borne by the applicable Fund(s), and not by any potential co-investors, that were to have participated in such transaction. Bluescape will allocate available investment opportunities among the Funds, any other parallel fund, and any alternative investment vehicle, on the one hand, and the applicable co-investors (including any Co-Investment Vehicles), on the other hand. Participation in co-investment opportunities that Bluescape determines to offer will generally be offered initially to the Limited Partners and the partners, shareholders, or other members of any other parallel funds, alternative investment vehicles, or feeder funds, pro rata based upon capital commitments, and such offer will include the opportunity to subscribe for a share of any under-subscribed amounts resulting from other offerees declining to participate for their full pro rata share. Bluescape may in its reasonable judgment determine the manner for conducting such allocation and offering process. Bluescape will have no obligation to offer, and may determine in its sole discretion whether or not to offer, co-investment opportunities to any Limited Partner that has defaulted on a required capital contribution or any co-investor that has defaulted on any of its obligations with respect to any co- investment. In the event a Fund transfers any portion of a portfolio investment to any co-investor or Co- Investment Vehicle, the proceeds from such transfer shall be distributed among the Limited Partners pro rata based on their respective capital contributions funding such portfolio investment and shall be deemed, on a dollar-for-dollar basis, to increase each applicable Limited Partner’s capital commitment and decrease each applicable Limited Partner’s capital contributions previously made to the Fund. Such distributions will not be considered in computing the preferred return or the General Partner catch-up. As of December 31, 2023, Bluescape had approximately $834million in regulatory assets under management.