Vitol-Breakwell Completes $125M Financing for Gas Company

SECAUCUS, NJ (DTN) – The Vitol-Breakwell Capital partnership announced Monday (9/22) that it had competed a $125 million financing deal for an independent, Appalachian-focused natural gas company.

Proceeds from the senior secured, first lien term loan financing will be used to fund development capital expenditures, the partnership said in a statement.

It was the second upstream investment in Appalachia during 2025 for Rotterdam-based energy trader Vitol and US energy markets lender, highlighting the tailored nature of their capital and partnership-driven model.

Formed in 2023, the partnership provides structured credit solutions to North American upstream oil and gas companies and has made commitments exceeding $1 billion thus far.