Breakwall Capital, an energy-focused asset management firm, has announced the $125 million first close of its flagship private credit fund, the Breakwall Energy Credit Partners Fund, L.P. (BEC I). The fund targets senior secured first lien lending across conventional, renewable, and next-generation energy companies, addressing financing gaps left by traditional lenders.
Formed in 2024 after the spinout of Riverstone Credit Partners, Breakwall is led by Christopher Abbate, Jamie Brodsky, and Daniel Flannery, who have managed more than $6 billion in energy credit transactions since 2014.
BEC I has already completed two inaugural investments — a Green Loan to Silfab Solar and a Sustainability-Linked Loan to Alliance Energy Services — funded through a $250 million warehouse facility. The firm aims to raise $500 million by 2026, with backing from institutional investors including New Mexico ERB.
Some of the executives at Breakwall Capital include Christopher Abbate (Managing Partner & Co-CEO), Jamie Brodsky (Managing Partner & Co-CEO), and Daniel Flannery (Managing Partner & President).
KEY QUOTE:
“The formation of Breakwall and the first close of BEC I reflect the strength of our relationships and conviction of investors partnering with us on our inaugural fund. Our goal is to be the lender of choice for borrowers driving the energy future.”
Managing Partners, Breakwall Capital
