Energy Spectrum Capital

Energy Spectrum Capital is a Dallas-based private equity and venture capital firm focused on energy infrastructure investments in North America. It specializes in midstream energy assets such as oil and gas pipelines, storage and transportation facilities, crude and natural gas pipelines, natural gas liquids, and related infrastructure, as well as energy service and power development companies. The firm typically makes equity investments of 50 to 200 million, including follow-on rounds, and targets exits after roughly three to seven years. Founded in 1995, it concentrates on opportunities in the United States and Canada.

Peter W. Augustini

Managing Partner

James P. Benson

Co-Founder

Benjamin H. Davis

Managing Partner

Alison Fischer

Managing Partner and CFO

Mark Honeybone

Partner

Past deals in Private Equity Round

Renegade Infrastructure

Private Equity Round in 2025
Renegade Infrastructure specializes in developing and acquiring midstream energy infrastructure, offering a comprehensive suite of services tailored to North American oil and gas producers. The company operates in the most prolific basins across the United States, focusing on acquisition, development, and operation of midstream assets to capitalize on strategic opportunities in the energy sector.

Tristate Midstream II

Private Equity Round in 2011
Tristate Midstream, L.P. is a company engaged in the acquisition, construction, ownership, and operation of natural gas gathering and processing facilities. Based in Irving, Texas, with an additional office in Longview, the company provides midstream services across East Texas, North Louisiana, and South Arkansas. Tristate specializes in the development of natural gas gathering systems and processing facilities, as well as operating associated pipelines. The company has expertise in various aspects of the natural gas and crude oil markets, including compression, dehydration, gathering, processing, and treating. Through its reliable operations, Tristate Midstream aims to meet customer needs with effective business solutions. Founded in 2007, the company has established a significant presence in the midstream sector.

SemGroup

Private Equity Round in 2000
SemGroup Corporation is a public company that specializes in the midstream energy sector, focusing on the transportation, storage, and processing of oil and natural gas. It operates a comprehensive network of pipelines, terminals, and storage facilities primarily serving independent oil and natural gas producers, as well as petroleum refiners and other market participants. The company's operations are predominantly located in the Mid-Continent and Rocky Mountain regions of the United States, with additional activities in Canada, Mexico, and the United Kingdom. SemGroup's business segments include U.S. Liquids, which manages crude oil pipelines, truck transportation, and storage operations, and U.S. Gas and Canada segments, which focus on natural gas gathering and processing. This diverse portfolio enables SemGroup to provide essential midstream services across various energy markets.
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