Portfolio Companies

Energy

Velocitius B.V. (no info available)


$8,000,000



Phoenix Coal Corporation

An owner, developer, and operator of coal reserves and resources

MVC Capital provided $500 thousand in equity and subsequently $7.5 million in equity and debt financing to support the acquisition of coal operations and resources in the Illinois Basin

April 2006 - June 2006
Phoenix Coal Corporation

Phoenix Coal Corporation is engaged in the acquisition, development, production and sale of bituminous coal reserves and resources located primarily in the Illinois Basin. With offices in Madisonville, Kentucky and Champaign, Illinois, the company is focused on consolidating small and medium-sized coal mining projects, and applying proprietary technology to increase recovery and enhance profit margins.



$18,000,000



U. S. Gas & Electric

A marketer & distributor of natural gas to small commercial and residential retail customers in the State of New York.

The $18,000,000 investment commitment will be used to recapitalize the company and provide growth capital.

July 2007

North Miami Beach, FL based U.S. Gas & Electric is a licensed Energy Service Company ("ESCO") that markets and distributes natural gas to small commercial and residential retail customers in the state of New York. The Company also earns a small portion of its revenues from natural gas production wells in Pennsylvania.

To learn more about U. S. Gas & Electric visit their website at www.usgande.com.





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