US Energy Producer Presidio Plans $1 Billion Goldman Debt Facility for Acquisitions

Presidio's novel financing structure aims to give it an edge in bidding for oil and gas assets.

Published on Feb. 10, 2026

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Presidio Investment Holdings, a U.S. oil and gas producer, is working with Goldman Sachs on a first-of-its-kind $1 billion debt facility that will allow the company to finance acquisitions as it prepares to go public. The facility utilizes a structure known as ABS warehousing, which has not been used before in the oil and gas industry, and will give Presidio quicker access to funds and lower debt costs compared to standard asset-backed securitization (ABS) financing.

Why it matters

Presidio's novel financing approach highlights the company's strategy of improving production from existing oil and gas wells rather than drilling new wells. This model aims to provide steady returns to investors. The $1 billion facility will give Presidio a competitive edge in bidding for acquisition targets as it seeks to expand its portfolio of mature, low-decline assets.

The details

The debt facility from Goldman Sachs will allow Presidio to finance buying new oil and gas assets, with the acquisition debt held by Goldman until it is packaged into a future ABS. This ABS warehousing structure, common in other industries but new to oil and gas, will give Presidio quicker access to funds and lower debt costs compared to a standard ABS. Presidio has identified near-term acquisition opportunities worth up to $15 billion that it could pursue once it completes its public listing via a merger with blank-check firm EQV Ventures Acquisition Corp.

  • Presidio is set to list in the coming weeks via a combination with blank-check firm EQV Ventures Acquisition Corp.
  • Presidio previously said it has identified near-term acquisition opportunities worth as much as $15 billion it could pursue once it completes the EQV combination.

The players

Presidio Investment Holdings

A U.S. oil and gas producer that focuses on improving production from existing wells rather than drilling new ones, in order to provide steady returns to investors.

Goldman Sachs

The investment bank that is providing Presidio with a $1 billion debt facility to finance acquisitions, using a novel ABS warehousing structure.

EQV Ventures Acquisition Corp.

The blank-check company that Presidio is merging with to go public.

John Brawley

The Chief Financial Officer of Presidio.

Will Ulrich

The co-founder of Presidio.

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What they’re saying

“We're going to show up at first bid with up to $1 billion from a Goldman Sachs credit facility. It's a very powerful tool to help us execute on our strategy.”

— John Brawley, Chief Financial Officer, Presidio (Reuters)

“It was important for us to come up with a novel ABS structure.”

— Will Ulrich, Co-founder, Presidio (Reuters)

What’s next

Presidio is set to complete its public listing via a merger with EQV Ventures Acquisition Corp. in the coming weeks, after which it plans to use the $1 billion Goldman Sachs debt facility to pursue acquisition opportunities worth up to $15 billion.

The takeaway

Presidio's innovative financing approach, which utilizes a novel ABS warehousing structure, demonstrates the company's strategic focus on acquiring and optimizing mature oil and gas assets to provide steady returns to investors. This facility gives Presidio a competitive edge in the acquisition market as it seeks to expand its portfolio and capitalize on the public listing.