Breakwall Capital LP

United Statesbreakwallcap.com

Its role Investor / Financier

project tracked
1
partner companies
4
news articles
5

Breakwall Capital LP is an independent, employee-owned asset management firm specializing in energy credit investments. Founded in 2024 by former managing partners of Riverstone Credit Partners, the firm provides structured financing solutions, including senior secured direct lending, to middle-market and developing companies across the energy value chain.

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Breakwall focuses on conventional, renewable, and next-generation energy sectors, including energy infrastructure, upstream oil and gas, mining, and critical minerals. It manages funds such as Breakwall Energy Credit Partners and partners with Vitol on Valor-branded vehicles, like Valor Mining Credit Partners II, which recently provided a $520 million credit facility to Mesabi Metallics for its direct reduction-grade iron ore project in Minnesota.

With offices in New York, Texas, and Rhode Island, Breakwall has raised approximately $4.9 billion in capital since 2014 (team track record) and supports energy transition initiatives through asset-based loans tailored to project development and growth.

Also known as Breakwall Capital.

The project Breakwall Capital LP is involved in

chemXplore tracks 1 project involving Breakwall Capital LP, of which one is active.

Mesabi Metallics Nashwauk DR-grade iron ore mine and pellet plant
  1. Announced / Concept
  2. FEED / Pre-FID
  3. FID / Sanctioned
  4. Under Construction
  5. Commissioning & Start-up
Phase
Commissioning & Start-up
Where
United States
Partners
Essar , Macquarie GIG , Mesabi Metallics , TMCR

Breakwall Capital LP in chemical industry news

29 September 2026
Essar-backed Mesabi Metallics $18B mine-to-mill US steel investment

Investment will link a Minnesota iron-ore mine with a new Iowa steel complex using DRI and EAF technology to produce 100% US steel and create thousands of jobs.

18 September 2026
EXIM Chairman Tours Mesabi Metallics’ New Iron Ore Mine in Minnesota

EXIM-backed support and major private investment underpin startup of the first US iron ore mine in 50 years, aiming to cut imports, shore up supply chains and create hundreds of jobs.

6 April 2026
Mesabi Metallics raises $150M from Macquarie

World-scale DR-grade iron ore mine and pellet plant in Nashwauk, MN, set for Q3 2026 start; $2.5B project on 16,000+ acres, EXIM support, $2B+ equity invested and 800 workers onsite.

31 March 2026
Breakwall Capital, Vitol Close Valor Mining Credit Partners II

New mining credit fund focusing on structured, event-driven financing for mining and critical minerals. First deal: $520M loan to back a US iron-ore mine and pellet plant; project has $2.2B+ invested.

31 March 2026
Mesabi Metallics secures $520M Breakwall financing to advance U.S. DR iron-ore project

Northern Minnesota DR-grade iron ore mine and pellet plant on 16,000+ acres progressing toward commercial start; $2.5B project, 750+ construction workers onsite, backed by EXIM support.

Where its projects are

active all projects