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FS Energy and Power Fund offering common shares


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FS Energy and Power Fund offering common shares

FS Energy andPower Fund, through affiliate FS2 Capital Partners LLC, is offeringon a continuous basis up to 92.2 million of its common shares at $7.30 pershare.

FS Energy plans to use substantially all of the offering'sproceeds, net of expenses, to make investments primarily in private U.S. energycompanies. The company expects to use the remainder of the proceeds for workingcapital and general corporate purposes, including the payment of operatingexpenses, according to a prospectus.

Assuming the company sells the maximum number of sharesregistered in the offering, net proceeds are estimated to be about $595.7million.