Black Bay completed the investment in Capture Energy.

Black Bay, a private equity firm focused on the energy and chemical sectors, completed the investment in Capture Energy, a provider of unique systems designed to improve the efficiency and environmental footprint of oil & gas production facilities. Financial terms were not disclosed. "As oil & gas producers increase their focus on meeting decarbonization efforts, technologies like the Capture Compressor™ will be critical to achieving these sustainability targets in a capital-efficient manner. Environmental regulations, including the recently released OOOOb standards from the EPA, are also demanding abatement solutions that can be scaled very quickly – with this growth capital investment, Capture should be well-positioned to serve the surging needs of its clients," Guy Cook, Black Bay Partner.