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Trident Energy secures investment from Quantum Energy Partners

Trident Energy and Warburg Pincus have closed a new investment in Trident Energy by Quantum Energy Partners (Quantum).

Under the terms of the transaction, Quantum is now a significant investor in Trident and has committed to participate in a USD400 million Line of Equity (LOE) alongside Warburg Pincus and Trident’s existing minority shareholders. Trident expects to use the LOE to fund additional growth opportunities in its existing assets and new opportunities. 
Trident was founded in 2016 with a focus on acquiring, operating and redeveloping mid-life oil and gas assets. 

Quantum is a provider of private capital across the energy ecosystem, including traditional and sustainable energy with a long and proven track record of successfully investing in companies with a partnership approach. The new partnership with Quantum highlights the quality of Trident Energy’s management, the business and its successful strategy. Quantum’s extensive energy expertise and responsible and value-added approach to investing will further strengthen Trident Energy’s capabilities and support the Company’s growth objectives.   

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