Motor collaborates with utility companies to enhance the adoption of electric vehicles (EVs) by providing a subscription-based service that simplifies the process of EV ownership. By addressing common barriers to adoption, Motor offers a comprehensive solution that includes monthly car rentals, insurance, registration, and maintenance. Customers can browse various car models and schedule home delivery, making it convenient for individuals and businesses to transition to sustainable transportation. This partnership not only promotes the use of electric vehicles but also generates economic and grid benefits associated with electrification, ultimately supporting a wider shift towards sustainable mobility.
Private Equity Round in 2021
Uplight is provider of end-to-end customer-centric technology solutions. Born from the merger of Tendril and Simple Energy, and the acquisitions of FirstFuel, EEme and EnergySavvy, Uplight is the provider of end-to-end customer-centric technology solutions dedicated solely to serving the energy ecosystem.
5B Australia Pty Ltd is an innovative clean technology company based in Alexandria, Australia, specializing in the engineering, procurement, and construction of solar farms. Founded in 2013, the company focuses on developing advanced solutions to enhance the competitiveness and accessibility of clean energy. Its flagship product, MAVERICK, is a portable and prefabricated solar array system designed to accelerate the deployment of large-scale solar energy systems. By utilizing modular, pre-wired components, 5B significantly reduces installation time and costs, while improving safety and efficiency. This enables businesses and communities to access affordable renewable energy and actively contribute to the transition towards sustainable power generation.
Fohat is an energy intelligence company focused on transforming the energy sector through innovative technologies. It operates a platform that facilitates the integration of distributed energy resources and enhances energy trading capabilities. The platform addresses challenges associated with microgrid management by enabling efficient energy trading, redirecting surplus energy into designated storage systems, and mitigating sudden fluctuations in the power grid. Additionally, it serves as a reliable backup solution for large industries, allowing businesses to develop products across various market segments. Fohat's approach aims to create a more resilient and sustainable energy landscape.
Fluence Corporation is a global provider of decentralized water and wastewater treatment solutions, operating in over 70 countries. The company specializes in delivering fast-to-deploy, packaged treatment systems that cater to the middle market, thereby promoting local and sustainable water management practices. Fluence's operations are structured across several segments, including Municipal Water & Wastewater, Industrial Wastewater & Biogas, and Industrial Water & Reuse, among others. A significant portion of the company's revenue is derived from its projects in the Ivory Coast. The product portfolio features advanced aeration equipment and various wastewater treatment technologies designed to optimize water resources for businesses and communities. Through its innovative approach, Fluence aims to enhance the efficiency of the water cycle for contemporary needs.
Non Equity Assistance in 2017
DAYBACK is a power player focused on products for commercial and industrial customers (B2B2C). We are manufacturers of wind turbines for energy generation in the urban environment, we are owners of energy monitoring technology (SaaS) and we commercialize, design and integrate solar photovoltaic energy.
sPower is an independent power producer (IPP) which owns and/or operates more than 150 utility and distributed electrical generation systems across the US and the UK. The company is headquartered in Salt Lake City with offices in San Francisco, Long Beach and New York City, With 6.7GW between operating, construction and pipeline, sPower is actively buying select utility-scale renewable assets in virtually any stage of development in the United States.
Private Equity Round in 2017
sPower is an independent power producer (IPP) which owns and/or operates more than 150 utility and distributed electrical generation systems across the US and the UK. The company is headquartered in Salt Lake City with offices in San Francisco, Long Beach and New York City, With 6.7GW between operating, construction and pipeline, sPower is actively buying select utility-scale renewable assets in virtually any stage of development in the United States.
The AES Corporation (AES), a Fortune 200 global power company, provides affordable, sustainable energy to 18 countries through a diverse portfolio of distribution businesses and 36 GW of generation capacity, including over 8 GW of renewables. Enabled by the acquisition of Main Street Power Company in February 2015, and leveraging AES’ expertise, relationships and scale, they deliver our clients the benefits of sustainable energy powered by resilient, turnkey solutions that we finance, own and operate. Currently available in the US, Mexico, El Salvador, Brazil and the Dominican Republic, AES brings reliable and cost-effective distributed energy systems to schools, municipalities, utilities, residences, and commercial and industrial clients. We have over 65 MW of distributed generation solar PV projects in operation across North America, and over 200 MW in development in the Western Hemisphere.
DPL Inc., through its subsidiary, operates as an energy company in the United States. It engages in the transmission and distribution of electricity to the residential, commercial, industrial, and governmental customers. The company sells and distributes electricity to approximately 526,000 retail customers located in a 6,000 square mile area of West Central Ohio. It serves automotive, food processing, paper, plastic, manufacturing, and defense industries. The company was founded in 1985 and is based in Dayton, Ohio. DPL Inc. is a subsidiary of The AES Corporation.
KMR Power Company is a privately owned electric power plant developer and operator with a significant presence in Colombia. The company holds a controlling interest in three natural gas-fired power plants, which collectively have a total capacity of approximately 600 megawatts. KMR Power Company is also linked to KMR Infrastructure, a growth equity firm that specialized in investments in the energy sector within Africa.
IPALCO Enterprises, Inc. is a utility company based in Indianapolis, Indiana, specializing in the generation, transmission, distribution, and sale of electric energy. The company operates four generating stations: a coal-fired facility in Petersburg, a natural gas and fuel oil station in Harding Street, a natural gas plant in Eagle Valley, and a small natural gas peaking station in Georgetown. Its extensive transmission network includes over 450 circuit miles of high-voltage lines, while its distribution system encompasses more than 5,000 circuit miles of underground and overhead cables. In addition, IPALCO manages 138 substations, ensuring efficient power delivery. Serving approximately 500,000 retail customers, including residential, commercial, and industrial clients, IPALCO is committed to providing reliable, low-cost electricity and maintaining high customer service standards. The company was incorporated in 1983 and is a subsidiary of AES U.S. Investments, Inc.
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