Oaktree Capital Invests $100M in Banpu, Promises Another $600M

Oaktree Capital Management, a huge investment firm with 1,000 employees and $140 billion in assets under management, is investing some of its considerable stach in BKV Corporation. BKV (which stands for Banpu Kalnin Ventures) is the American shale drilling arm of Banpu, Thailand’s largest coal mining company. BKV/Banpu has invested ~$500 million in the PA Marcellus, going as far as building a regional office in northeastern PA a year ago (see Banpu Opens New $5M Marcellus Operations Office in NEPA).

Please Login to view this content. (Not a member? Join Today!)
You do not have permission to view the comments.

Please Login to post a comment