The Energy and Minerals Group (EMG) is a private equity firm founded in 2006 and based in Houston, Texas, with additional offices in New York, Dallas, and Stamford. As of March 2025, EMG manages roughly $13 billion and has delivered about $11 billion in returns to its investors. The firm specializes in equity investments across the natural resource sector, offering growth capital for businesses involved in energy production, infrastructure and midstream services. Investment targets range from $150 million to $1 billion, with a focus on projects that can generate significant free cash flow and long-term value.
EMG concentrates on opportunities in upstream and midstream energy, as well as the extraction and processing of critical metals and minerals. Its portfolio spans traditional oil and gas activities alongside renewable energy and power infrastructure. The firm applies rigorous, science-based due diligence to identify high-quality geology and resource assets. By combining the domain expertise of its partners with patient capital, EMG aims to mitigate risk while pursuing investments that support industrial scale-up and decarbonization efforts.
In the clean technology and battery supply chain space, EMG has backed ventures essential to electrification. It co-led a $67 million round for Cornish Lithium, supporting domestic production of battery-grade lithium compounds. EMG also funded TerraVolta Resources in developing lithium projects in East Texas and Arkansas, leading to a sale of assets to Chevron. As a key investor in LiChem, LLC, the firm is advancing a low-carbon lithium refining complex in Oman, and its stake in Brazil’s Serra Verde underpins production of rare earth elements for electric vehicle motors and renewable energy generators.
