National Grid

National Grid is a multinational electricity and gas utility company, headquartered in London, UK. It owns, operates, and maintains high-pressure gas transmission networks in Great Britain, spanning approximately 7,630 kilometers, and provides associated services such as gas metering and liquefied natural gas storage. Additionally, it facilitates electricity and gas transmission systems, serving millions of customers through regulated utility businesses in the UK and US. National Grid is committed to delivering safe, reliable, and efficient energy, while also investing in innovative technologies to reduce greenhouse gas emissions and transition to cleaner, smarter energy systems.

Ian Cooper

Managing Director, Investments

Bobby Kandaswamy

Senior Director, Investments

Raghuram Madabushi

Director, Investments

14 past transactions

Thermo Fisher Scientific

Grant in 2023
Thermo Fisher Scientific Inc. is a global leader in providing a wide range of scientific instruments, laboratory equipment, reagents, and consumables. The company operates through four main segments: Life Sciences Solutions, Analytical Instruments, Specialty Diagnostics, and Laboratory Products and Services. Its Life Sciences Solutions segment supports biological and medical research, drug and vaccine production, and disease diagnostics across various sectors, including pharmaceuticals and biotechnology. The Analytical Instruments segment offers advanced tools and services for laboratory and field applications, catering to diverse markets such as environmental and clinical laboratories. The Specialty Diagnostics segment provides a variety of immunodiagnostic products and healthcare solutions, while the Laboratory Products and Services segment supplies essential equipment and consumables for research and clinical laboratories. Founded in 1956 and headquartered in Waltham, Massachusetts, Thermo Fisher Scientific is committed to enabling customers to enhance health, safety, and productivity through innovative technologies and services.

Incorta

Series D in 2021
Incorta, Inc. is a data analytics company based in San Mateo, California, founded in 2013. It provides a unified platform designed to address complex data analytics challenges for enterprises, enabling them to be more agile and competitive. The company's Direct Data Platform allows organizations to acquire, enrich, analyze, and act on business data quickly and effectively. This platform features a direct data mapping engine that enhances query performance, eliminates the need for costly join operations, and significantly reduces the time required to develop new analytics applications. Incorta supports real-time operational analytics, embedded analytics, and dashboards, catering to a diverse clientele that includes prominent brands and organizations. Its solutions empower analysts to extract valuable insights from large volumes of data stored in core business systems efficiently.

Western Power Distribution

Acquisition in 2021
Western Power Distribution operates electricity distribution networks in the Midlands, South West, and Wales, serving approximately 7.8 million customers across a 55,500 square kilometer service area. The company maintains a network comprising around 220,000 kilometers of overhead lines and underground cables, along with approximately 185,000 substations. In addition to distribution, Western Power Distribution provides contracting services, smart meter technology installation, and technical training related to electricity distribution. The company, incorporated in 2014, is headquartered in Bristol, United Kingdom, and is a subsidiary of PPL WPD Investments Limited.

Solar Cannabis

Funding Round in 2021
Solar Cannabis Co., based in Somerset, Massachusetts, operates as an innovative multi-state operator focused on sustainable cannabis cultivation, production, and retail. Its flagship facility, spanning approximately 70,000 square feet, is designed to minimize environmental impact through a microgrid system comprising solar arrays and high-efficiency cogeneration units, enabling it to function independently from the traditional power grid and even generate excess power. Solar Cannabis produces premium cannabis products for consumers in the South Coast region of Massachusetts and Rhode Island, employing around 200 local individuals committed to regional growth and sustainability.

CleanFiber

Grant in 2019
CleanFiber, LLC is a manufacturer of cellulose insulation materials designed for use in attics, walls, and floors of both residential and commercial buildings. Founded in 2013 and headquartered in Blasdell, New York, with an additional office in Buffalo, the company specializes in producing high-performance, carbon-negative insulation from recycled corrugated cardboard. This innovative approach not only promotes sustainability but also enables construction companies to build fire-resistant structures while maintaining cost competitiveness. CleanFiber has transitioned from its former name, UltraCell Insulation, LLC, in September 2018, and is currently focused on rapidly scaling up production to meet growing demand in the insulation market.

Geronimo Energy

Acquisition in 2019
Geronimo Energy is a leading independent North American renewable energy development company based in Minneapolis, MN. Geronimo provides renewable electric energy development solutions for utilities, Independent Power Producers (IPPs), corporations and public entities looking to harness renewable energy for business growth.

Generac Grid Services

Series B in 2017
Generac Grid Services specializes in advanced energy grid software that supports the energy industry by optimizing energy distribution and managing electric vehicle (EV) loads. The company utilizes a real-time energy-balancing platform designed to enhance the operational stability of power grids by effectively harnessing distributed energy resources, including flexible loads, energy storage, and renewable energy sources. Generac Grid Services provides essential tools for energy retailers and utilities, enabling them to dynamically optimize and dispatch resources to meet the real-time demands of the power system. By leveraging this technology, the company addresses the complexities associated with increasingly variable energy assets and evolving market opportunities, thereby enhancing overall grid reliability and efficiency.

Generac Grid Services

Series B in 2017
Generac Grid Services specializes in advanced energy grid software that supports the energy industry by optimizing energy distribution and managing electric vehicle (EV) loads. The company utilizes a real-time energy-balancing platform designed to enhance the operational stability of power grids by effectively harnessing distributed energy resources, including flexible loads, energy storage, and renewable energy sources. Generac Grid Services provides essential tools for energy retailers and utilities, enabling them to dynamically optimize and dispatch resources to meet the real-time demands of the power system. By leveraging this technology, the company addresses the complexities associated with increasingly variable energy assets and evolving market opportunities, thereby enhancing overall grid reliability and efficiency.

Aurelius Coworks

Grant in 2016
Aurelius Coworks is a socially responsible real estate development company. We build, own, operate and consult on coworking communities in middle markets. Our coworking communities support startup enterprises, small businesses, remote workers and non-profits. Our spaces are meticulously built, our communities are carefully cultivated, and we infuse the right mix of social and business programming in each place. Aurelius is particularly committed to building communities in mid-size urban downtown areas experiencing revitalization, with our spaces serving as a catalyst. Aurelius Coworks has developed and opened three locations we own: Troy Innovation Garage (Troy, NY), Bull Moose Club (Albany, NY) and Westwey Club (Providence, RI). We also helped the United Way of the Greater Capital Region develop and open The Blake Annex (Albany, NY), where we serve as Operator & Manager. We are also currently serving as a consultant to one other project in pre-development (Utica, NY).

AutoGrid

Series C in 2016
AutoGrid Systems is a technology company focused on optimizing energy management through advanced data analytics. Founded in 2011 at Stanford University, AutoGrid develops a suite of flexibility management applications that help utilities, electricity retailers, renewable energy developers, and energy service providers manage distributed energy resources (DERs) in real time. By leveraging vast amounts of smart meter, sensor, and third-party data, the company's applications utilize sophisticated algorithms to monitor, predict, optimize, and control the operations of numerous assets connected to global energy networks. With a team of skilled software architects, engineers, data scientists, and energy experts, AutoGrid aims to address critical energy challenges by integrating and maximizing the potential of the energy internet, ensuring the delivery of clean, affordable, and reliable energy.

KeySpan

Acquisition in 2007
KeySpan Corporation, now integrated into National Grid USA, was a prominent energy company that specialized in the distribution of natural gas, ranking as the fifth largest in the United States. Established in 1998 through the merger of Brooklyn Union Gas Company, which has roots dating back to 1895, and the Long Island Lighting Company, KeySpan offered a comprehensive range of energy-related services. The company played a significant role in the energy sector before its acquisition, contributing to the infrastructure and delivery of natural gas to millions of customers.

ClearShot Communications

Acquisition in 2006
ClearShot is an experienced, middle market wireless communications tower developer and owner established in 1996. The company develops high quality tower sites on both a Build-to-Suit basis and on a Strategic Development basis. To minimize project duration, we contract with site acquisition, engineering ad construction firms who can lend the most expertise and local experience to our development projects. ClearShot tower sites provide excellent value for our wireless clients and subsequent tenants. ClearShot's product knowledge and performance is "best in class". The company has substantial private capital at its disposal to develop projects of all sizes. In each project, regardless of size, we maintain a direct link between the client and our principals. This assures the greatest possible responsiveness to our customers. Above all, we strive to be good partners and are committed to maintaining the highest standards of professionalism and integrity.

Niagara Mohawk Power Corp.

Acquisition in 2002
Niagara Mohawk Power Corp engages in the regulated energy delivery business.

New England Electric System

Acquisition in 2000
New England Electric System is Categorized under Transmission, Electric Power.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.