Motor is a company that partners with utilities to enhance the adoption of electric vehicles (EVs) by offering subscription services that simplify the process of EV ownership. Its services include monthly car rentals, insurance, registration, and maintenance, allowing customers to easily browse various vehicle models and schedule home delivery. By addressing common barriers to EV adoption, Motor aims to promote sustainable transportation and provide economic benefits to both consumers and the electricity grid. Through its collaboration with utilities, the company facilitates access to electric vehicles, enabling individuals and businesses to transition to greener transportation options more efficiently.
GreenAnt
Acquisition in 2021
GreenAnt is a Brazilian company founded in 2014 that specializes in developing a software-as-a-service (SaaS) platform for intelligent energy management. The company focuses on promoting energy efficiency and sustainable consumption practices through innovative solutions that utilize advanced algorithms. These solutions enable the prediction and identification of individual appliance consumption within consumer units. By offering tools that monitor real-time energy usage, GreenAnt helps users analyze their consumption patterns, generate reports, and receive actionable recommendations for savings. The company is dedicated to fostering conscious energy usage, believing that enhancing energy efficiency is the most sustainable approach to managing energy resources.
Uplight
Private Equity Round in 2021
Uplight is a provider of customer-centric technology solutions focused on the energy sector. Formed through the merger of Tendril and Simple Energy, along with the acquisitions of FirstFuel, EEme, and EnergySavvy, Uplight specializes in developing energy management software for utility companies serving residential, commercial, and industrial users across North America. The company offers a comprehensive suite of tools designed to connect energy customers with the decarbonization goals of power providers. By facilitating energy savings and cost reductions, Uplight aims to promote a more sustainable future for the energy ecosystem.
5B Australia
Series A in 2020
5B Australia Pty Ltd, founded in 2013 by solar engineers Chris McGrath and Eden Tehan, specializes in the engineering, procurement, and construction of large-scale solar farms. Based in Alexandria, Australia, the company has developed an innovative prefabricated solar array technology known as MAVERICK, which allows for rapid deployment and installation by small teams. This accordion-style design revolutionizes traditional solar farm construction by enabling a shift from unpredictable field environments to controlled factory settings, enhancing efficiency and quality control while reducing risks. 5B's commitment to innovation has led it to shape the future of clean energy and make it more accessible and competitive globally. The company has worked on over 140 projects worldwide, focusing on transforming the solar supply chain and supporting a global transition to sustainable power solutions. The name "5B" reflects the vast energy potential of the planet, emphasizing the need to harness solar power efficiently. As it continues to expand its partnerships and project deployments, 5B aims to provide the fastest, safest, and most cost-effective solar array solutions for its customers.
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
Post in 2018
Fluence Corporation Limited is a leading provider of water and wastewater treatment solutions, focusing on decentralized and packaged systems for municipal, commercial, and industrial markets globally. Founded in 2008 and headquartered in White Plains, New York, the company designs and manufactures a diverse range of products, including NIROBOX for desalination, ultrafiltration systems, and reverse osmosis systems. Fluence also offers various wastewater treatment solutions such as Aspiral, membrane aerated biofilm reactor modules, and EcoBox water reuse systems. Additionally, the company provides aeration equipment and waste-to-energy solutions, alongside project finance and Smart Operations data analytics software to enhance operational efficiency. With a commitment to sustainable and efficient water resource management, Fluence aims to empower communities and businesses worldwide by optimizing the water cycle for the modern era.
DayBack
Non Equity Assistance in 2017
DayBack is a manufacturer specializing in wind turbines designed for urban energy generation, catering to commercial and industrial customers. The company also develops an energy management platform that collects real-time data on energy production and consumption by connecting to various equipment, including switchboards and generators. This platform enables businesses to strategically manage their energy usage, enhance energy efficiency, lower operational costs, and contribute to environmental sustainability. Additionally, DayBack offers solar photovoltaic energy solutions, encompassing design, integration, and commercialization services.
sPower
Acquisition in 2017
sPower is an independent power producer based in Salt Lake City, with additional offices in San Francisco, Long Beach, and New York City. The company specializes in owning and operating renewable energy generation systems, including wind, solar, and storage facilities, across the United States and the UK. With an extensive portfolio that includes over 150 utility and distributed generation systems and a combined capacity of 6.7GW across operating, construction, and development stages, sPower is actively engaged in acquiring utility-scale renewable assets at various stages of development. The company also provides construction and operational management services, contributing to local economies through payments to landowners and revenues for local governments, while focusing on reducing carbon emissions and delivering affordable, reliable energy to consumers.
sPower
Private Equity Round in 2017
sPower is an independent power producer based in Salt Lake City, with additional offices in San Francisco, Long Beach, and New York City. The company specializes in owning and operating renewable energy generation systems, including wind, solar, and storage facilities, across the United States and the UK. With an extensive portfolio that includes over 150 utility and distributed generation systems and a combined capacity of 6.7GW across operating, construction, and development stages, sPower is actively engaged in acquiring utility-scale renewable assets at various stages of development. The company also provides construction and operational management services, contributing to local economies through payments to landowners and revenues for local governments, while focusing on reducing carbon emissions and delivering affordable, reliable energy to consumers.
AES Distributed Energy
Acquisition in 2015
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. is an energy company based in Dayton, Ohio, operating as a subsidiary of The AES Corporation. Founded in 1985, DPL Inc. focuses on the transmission and distribution of electricity across a 6,000 square mile area in West Central Ohio, serving approximately 526,000 retail customers, including residential, commercial, industrial, and governmental sectors. The company caters to various industries, such as automotive, food processing, paper, plastic, manufacturing, and defense. As part of a Fortune 200 global power company, DPL Inc. contributes to providing affordable and sustainable energy solutions while adapting to the evolving demands of the energy market.
KMR Power Company
Acquisition in 2000
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
Acquisition in 2000
IPALCO Enterprises, Inc. is a provider of electric energy services, primarily engaged in the generation, transmission, distribution, and sale of electricity. The company operates four generating stations, including coal-fired and natural gas facilities, and has an extensive transmission system comprised of over 450 circuit miles of high-voltage lines. Its distribution network includes more than 5,000 circuit miles of underground and overhead cables, supported by a comprehensive infrastructure of substations. Serving approximately 500,000 retail customers in Indianapolis and surrounding areas, IPALCO is committed to delivering reliable and low-cost electricity. Since its inception in 1926, the company has focused on customer satisfaction, consistently achieving high service ratings. IPALCO Enterprises is headquartered in Indianapolis, Indiana, and is a subsidiary of AES U.S. Investments, Inc.