Main Street Capital Invests in AmeriTech College
Main Street Capital Corp. said Wednesday that it invested in AmeriTech College Operations. The $6.8 million consisted of first lien, senior secured debt. Salt Lake City, Utah-based AmeriTech is a college that provides healthcare training programs such ...
Main Street Capital Exits Merrick
Main Street Capital Corp. has exited its debt and equity investment in Merrick Systems Inc., the company announced. Main Street Capital exited when HitecVision, a Norwegian-based private equity investor, took a majority stake in Merrick. Publicly traded Main Street provides long-term debt and equity capital to lower middle market companies.
Main Street Capital Invests $7.5 Million In Pegasus Research Group
Main Street Capital Corp. of Houston, Texas, completed a $7.5 million investment in Pegasus Research Group LLC, which does business as Televerde. The financing supported the recapitalization and growth financing of Televerde. The investments consist of a $6.25 million in first lien secured debt and a $1.25 million direct equity investment. Televerde is a...
Moving Forward – Towards A Kinder Gentler (Smaller) Oil Drum
For the past 5 years, The Oil Drum has been a home base for many high level discussions about the details and implications surrounding an early peak in global crude oil production as well as topics on society and energy in general. The entire site was ...
Future Coal Supplies – More, Not Less!
There has been a growing trend toward predicting an imminent peak to the production of coal. Just this last week Nature carried an article that précised Richard Heinberg’s recent book on Coal production, which I reviewed when it first came out...
The Ethanol Rhetoric Ramps Up
It has been interesting to watch the flurry of ethanol rhetoric since the recent elections. With the $0.45 per gallon subsidy (called the VEETC) and the ethanol tariffs both set to expire at the end of next month, both sides feel that there is a lot at...
The Best of The Oil Drum 2005-2010
During the past 5 years we have had a continuing stream of energy-related content appear on these pages (Super G tells me 6,366 individual pieces). In the busiest of times, with a staff of over 20 volunteers, we were posting two articles or analyses p...
Tech Talk: Highwall Mining of coal
There is an aspect of coal mining that gets relatively little attention, even though it is growing in popularity, It is with this method that I will conclude this series on mining, and its precursor on oilwell production. Most mining can be divided cle...
The Chinese Coal Monster – running out of puff
In July of this year I wrote a story called The Chinese Coal Monster drawing attention to the fact that China would soon account for 50% of global coal production and consumption. 10% per annum growth in Chinese coal is clearly unsustainable and I pose...
Inside Shell’s Bintulu Gas-to-Liquids Plant
Bintulu. For many people involved with gasification, that word often invokes a specific image. In fact, colleagues know when I say “Bintulu” that’s shorthand for Shell’s Bintulu, Malaysia gas-to-liquids (GTL) facility (officiall...
The Palm Oil Conundrum
People sometimes ask which biofuels are competitive head to head with crude oil. By competitive, I mean those that can actually compete favorably with oil prices on a level playing field (i.e., they don’t require big subsidies or mandates in order to...
Tech Talk: Breaking Rock in a Surface Coal Mine
There is a growing concern, as fossil fuels are recovered from the ground, that the cost of the energy required to extract and process them is rising, and that a point may be reached where it is no longer energy-cost effective to continue with producti...
