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Private equity firm Good Energies has rebranded as Bregal Energy as it shifts its focus away from the renewable energy sector towards becoming a broadly-focused power investor.
Although the fund will continue to invest in renewables, the primary focus of future investments will be in the traditional energy sector throughout North America, the firm said in a statement.
The name change comes two years after the fund began investing outside renewables.
'Although the Good Energies Capital name has tremendous recognition in the renewables sector, we believe that given our change of focus and desire for the market to understand that we are part of a very large private equity group, the time was right for us to make this transition,' said John Breckenridge, leader of Bregal Energy.
In addition to renewable power, Bregal Energy has already invested in E&P, gas midstream, thermal power plant development and the transmission sector.
