National Grid

National Grid is a leading energy company that operates electricity and gas transmission systems, focusing on delivering cleaner and more resilient energy solutions. As one of the largest investor-owned energy companies globally, it is dedicated to providing safe, reliable, and efficient energy services to customers and communities in both the UK and the US. National Grid plays a crucial role in connecting millions of people to essential energy resources through its regulated utility businesses, as well as its ventures in innovation. The company is actively committed to reducing greenhouse gas emissions and is shaping future energy systems by collaborating with customers, partners, and communities to address the challenges of transitioning to decarbonized and decentralized energy solutions.

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 an extensive electricity distribution network across the Midlands, South Wales, and the South West of the United Kingdom, serving approximately 7.9 million customers within a service area of 55,500 square kilometers. The company’s infrastructure includes around 90,000 kilometers of overhead lines, 136,000 kilometers of underground cables, and 189,000 transformers. In addition to electricity distribution, Western Power Distribution provides contracting services related to the design, installation, operation, and maintenance of electrical distribution networks, as well as training in voltage switching and the installation of smart meter technology. The company also manages a fleet of helicopters to support engineering projects and engages in various other sectors, including telecommunications, power generation, and property management. Incorporated in 2014 and based in Bristol, Western Power Distribution is a subsidiary of PPL WPD Investments Limited.

Solar Cannabis

Funding Round in 2021
Solar Cannabis Co., located in Somerset, Massachusetts, is an emerging multi-state operator committed to sustainability and community engagement. The company operates a state-of-the-art 70,000-square-foot cannabis manufacturing facility that utilizes a microgrid system, incorporating solar arrays and high-efficiency cogeneration units to generate clean energy independently from the traditional power grid. This innovative approach allows Solar Cannabis to produce more energy than it consumes, significantly reducing its carbon footprint while delivering premium cannabis products. Initially focused on the South Coast region, the company has expanded its retail presence into neighboring Rhode Island, employing approximately 200 local individuals. This growth reflects Solar Cannabis's dedication to regional development and environmental responsibility, as it aims to provide high-quality cannabis products at competitive prices while minimizing its environmental impact.

CleanFiber

Grant in 2019
CleanFiber, LLC specializes in producing high-performance cellulose insulation materials made from recycled corrugated cardboard for residential and commercial construction. Founded in 2013 and based in Blasdell, New York, with an additional office in Buffalo, CleanFiber transitioned from its previous name, UltraCell Insulation, in September 2018. The company focuses on providing sustainable, carbon-negative insulation solutions that can be applied in attics, walls, and floors, catering to both new construction and retrofit projects. CleanFiber's products not only enhance fire resistance in buildings but also offer a cost-competitive alternative for construction companies, supporting environmentally friendly building practices. The company is currently expanding its production capabilities to meet growing demand.

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 focuses on providing advanced software solutions for the energy industry, aimed at optimizing energy distribution and enhancing grid stability. The company's technology enables the management of distributed energy resources, including flexible loads, energy storage, and renewable energy sources. By utilizing a real-time energy-balancing platform, Generac Grid Services creates controllable and dispatchable energy resources that can respond to the immediate needs of the power system. Their services include energy distribution optimization, electric vehicle load management, and frequency regulation, allowing energy retailers and utilities to navigate the complexities of modern energy markets and improve their operational efficiency.

Generac Grid Services

Series B in 2017
Generac Grid Services focuses on providing advanced software solutions for the energy industry, aimed at optimizing energy distribution and enhancing grid stability. The company's technology enables the management of distributed energy resources, including flexible loads, energy storage, and renewable energy sources. By utilizing a real-time energy-balancing platform, Generac Grid Services creates controllable and dispatchable energy resources that can respond to the immediate needs of the power system. Their services include energy distribution optimization, electric vehicle load management, and frequency regulation, allowing energy retailers and utilities to navigate the complexities of modern energy markets and improve their operational 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 is a company that specializes in energy data management and big data analytics to enhance the efficiency of energy delivery. Founded in 2011 at Stanford University, AutoGrid develops a suite of applications aimed at managing distributed energy resources (DERs) in real time. These applications allow utilities, electricity retailers, and energy service providers to optimize energy distribution by leveraging vast amounts of data from smart meters, sensors, and third-party sources. By employing advanced algorithms and data science techniques, AutoGrid enables clients to monitor, predict, and control energy assets across global networks, ultimately facilitating the delivery of clean, affordable, and reliable energy. The team comprises skilled software architects, engineers, data scientists, and energy experts dedicated to addressing critical challenges in the energy sector.

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.