Baseload Capital is a specialized investment entity focused on the development and financing of renewable heat power and geothermal power plants. Operating globally, the company provides financial services and advisory support to heat power operators, equipping them with the necessary tools to construct and manage sustainable energy facilities. Through its efforts, Baseload Capital aims to contribute to the electrification of the planet with green electricity, fostering the transition to renewable energy sources.
HIF Global is an eFuel company dedicated to producing carbon-neutral fuels, primarily through the generation of green hydrogen via electrolysis. The company captures carbon dioxide from the atmosphere or from industrial and biogenic sources to create a carbon-neutral equivalent of liquefied petroleum gas (LPG) in the form of green methanol. By focusing on clean energy solutions, HIF Global aims to facilitate the transition away from fossil fuels and support global decarbonization efforts. Through its innovative processes, the company seeks to provide practical solutions for a more sustainable future.
Elcogen is a manufacturer and developer of high-performance anode-supported Intermediate Temperature Solid Oxide Fuel Cells (IT-SOFC) and Solid Oxide Fuel Cell (SOFC) stacks, utilizing proprietary materials and technological solutions. Established in 2001, the company aims to facilitate a clean energy future through its innovative fuel cell technology, which significantly reduces emissions from natural gas systems while providing twice the power for the same amount of gas. Elcogen's solid oxide fuel cells are recognized for their efficiency, enabling effective energy conversion, reversible operation for both power generation and hydrogen production, and flexibility in fuel use. This technology not only supports renewable energy generation but also contributes to the production of green hydrogen, offering industries an efficient means to reduce costs and enhance sustainability.
ExerGo provides energy concepts, feasibility studies, and engineering services for thermal network projects.
Unity National Bank is a financial institution based in Houston, Texas, established in 1963. It offers a range of business and personal banking products and services designed to meet the needs of its clients. For businesses, the bank provides various loan options, including SBA loans, commercial real estate financing, and loans for faith-based organizations, alongside checking and savings accounts, merchant services, and cash management solutions. Personal banking services include vehicle and home improvement loans, credit cards, and options for savings such as CDs and IRAs. Unity National Bank emphasizes accessibility through online and mobile banking, along with features like bill pay, overdraft protection, and safety deposit boxes. The institution, originally named Peoples Bank, rebranded in 1989 and is committed to helping individuals and businesses thrive financially.
Baseload Capital is a specialized investment entity focused on the development and financing of renewable heat power and geothermal power plants. Operating globally, the company provides financial services and advisory support to heat power operators, equipping them with the necessary tools to construct and manage sustainable energy facilities. Through its efforts, Baseload Capital aims to contribute to the electrification of the planet with green electricity, fostering the transition to renewable energy sources.
Silbat is focused on developing innovative long-duration molten silicon batteries that utilize the latent heat of fusion of silicon for energy storage. These batteries are designed to provide a storage duration of up to 100 hours, making them an effective solution for integrating variable renewable energy sources into the power grid. Silbat's technology aims to achieve a capital expenditure of less than $10 per kilowatt-hour, positioning it as a cost-competitive alternative to conventional fossil fuel and nuclear power plants. By enabling efficient back-conversion of stored energy to electricity through thermophotovoltaics, Silbat's offerings help clients reduce energy storage costs and improve overall economic viability in the energy sector.
ExerGo provides energy concepts, feasibility studies, and engineering services for thermal network projects.
BRUSH Group-Power Generation business
Acquisition in 2022
BRUSH Group-Power Generation business business designs, assembles and services large scale generators that provide primary and standby electrical power to customers across the infrastructure, renewables, oil and gas and utilities sectors.
AccessESP LLC specializes in designing and manufacturing rigless electric submersible pump (ESP) conveyance solutions tailored for the global oil industry. Established in 2004 and headquartered in Houston, Texas, with additional international offices, the company focuses on providing innovative conveyance solutions for live production wells, serving both International Oil Companies (IOCs) and National Oil Companies (NOCs). AccessESP's technology includes a slackline retrievable completion system that minimizes deferred production and rig costs, thereby helping oil and gas operators reduce intervention expenses and maximize well productivity. The company's commitment to sustainability is reflected in its efforts to develop systems that lower greenhouse gas emissions while enhancing reservoir recovery rates.
Private Equity Round in 2022
HIF Global is an eFuel company dedicated to producing carbon-neutral fuels, primarily through the generation of green hydrogen via electrolysis. The company captures carbon dioxide from the atmosphere or from industrial and biogenic sources to create a carbon-neutral equivalent of liquefied petroleum gas (LPG) in the form of green methanol. By focusing on clean energy solutions, HIF Global aims to facilitate the transition away from fossil fuels and support global decarbonization efforts. Through its innovative processes, the company seeks to provide practical solutions for a more sustainable future.
Veros Systems, Inc. develops software-enabled solutions for physical asset life-cycle management, focusing on industrial customers. Based in Austin, Texas, the company offers a Predictive Intelligence Platform (PIP) that provides real-time monitoring and assessment of the reliability and energy efficiency of electrically-driven rotating equipment, such as motors, pumps, and compressors. This platform utilizes nonintrusive monitoring technology, allowing for quick installation, and employs data capture techniques and machine learning algorithms to analyze electrical waveforms. By delivering actionable intelligence, Veros Systems enables its clients, which span various sectors including oil and gas, utilities, and manufacturing, to enhance production, reduce operational costs, and improve overall equipment availability. Founded in 2001, Veros has positioned itself as a key player in optimizing industrial machine performance and maintenance.
From September 2017 Qinterra Technologies & Altus Intervention became globally known as Altus Intervention. Unifying our experience, technologies & techniques under one brand. Whatever the project, wherever it is in the world. Altus Intervention, owned by the Swedish private equity fund EQT, currently employs 1000 people globally with operations across 4 regions: UK & West Africa, Norway & Denmark, Americas and Middle East & Asia Pacifc.
Qi2 Elements is a designer and manufacturer of advanced robotic sensor systems that inspect, assess, and monitor the integrity of critical energy infrastructure.
GreenFire Energy is a geothermal technology company focused on advancing clean and sustainable energy solutions through its patented closed-loop geothermal system, known as GreenLoop. This innovative technology enhances the economic productivity of both existing underperforming geothermal wells and new projects, ensuring the long-term viability of geothermal energy. GreenFire Energy collaborates with strategic partners to implement Advanced Geothermal Systems (AGS) globally, and it is recognized for its expertise in the field, having conducted the world's first field-scale demonstration of closed-loop geothermal technology in California. The company is also involved in the Wells2Watts Consortium, which explores the application of its technology in oil and gas wells. With a strong emphasis on research and development, GreenFire holds 24 international patents and has published numerous technical papers, positioning itself as a leader in closed-loop geothermal technology and contributing to the transition to clean, continuous renewable energy.
Ekona Power Inc. is a Vancouver-based company focused on producing industrial-scale hydrogen through innovative renewable energy generation technology. The company utilizes methane from feedstock to create clean hydrogen and electrical power by converting natural gas into hydrogen, clean energy, and carbon dioxide. This solution caters to industrial hydrogen consumers as well as natural gas transmission and distribution companies, offering a low-cost approach to accessing clean energy for various industrial processes.
Electrochaea GmbH is a company based in Planegg, Germany, specializing in the development and commercialization of grid-scale power-to-gas energy storage technology. Founded in 2010, Electrochaea's proprietary process converts low-cost and stranded electricity, along with carbon dioxide, into renewable natural gas, specifically methane, which is suitable for direct injection into the existing natural gas grid. This technology facilitates the storage of large quantities of renewable energy generated from wind and solar sources, providing solutions for utility-scale energy storage, grid balancing, and carbon recycling. Additionally, the company aims to contribute to the decarbonization of transportation and natural gas grids, thereby reducing greenhouse gas emissions. With operational facilities in Denmark and California, Electrochaea represents a significant advancement in the efficient storage and transmission of renewable energy.
Ekona Power Inc. is a Vancouver-based company focused on producing industrial-scale hydrogen through innovative renewable energy generation technology. The company utilizes methane from feedstock to create clean hydrogen and electrical power by converting natural gas into hydrogen, clean energy, and carbon dioxide. This solution caters to industrial hydrogen consumers as well as natural gas transmission and distribution companies, offering a low-cost approach to accessing clean energy for various industrial processes.
Augury Inc. is a technology company that focuses on predictive maintenance for industrial operations through its AI-driven software platform. Founded in 2011 and based in New York, Augury provides a suite of solutions, including Diagnostics-as-a-Service, which allows maintenance staff to perform diagnostics on HVAC and other machinery, and a cloud-based diagnostics solution known as Augury Halo. These tools enable facility owners and service companies to monitor mechanical equipment, predict failures, and optimize maintenance strategies based on the actual condition of machines. Augury's technology integrates with existing systems to deliver real-time insights, ultimately helping manufacturers across various sectors—including food and beverage, pharmaceuticals, and facility management—to enhance productivity and reduce resource waste. The company has established a strategic partnership with Grundfos to further its reach and impact in the industry.
ARMS Reliability is a global provider of asset management solutions.
Compact Carbon Capture focuses on developing innovative technology and equipment aimed at reducing carbon dioxide emissions, which contribute to global warming and climate change. The company's approach to carbon capture is distinct from conventional solvent-based methods, utilizing rotating beds instead of static columns. This design enhances the distribution of solvents in a compact and modular format, allowing clients to effectively extract CO2 from various sources, including the atmosphere, factories, and energy plants. By implementing this technology, clients can significantly decrease their carbon dioxide emissions and better manage air pollution.
Avitas Systems specializes in providing advanced inspection solutions for the oil and gas, and power sectors, utilizing predictive data analytics, robotics, and artificial intelligence. The company focuses on enhancing safety and minimizing inspection costs through its state-of-the-art robotic-based inspection management, which includes both autonomous and semi-autonomous capabilities. Avitas Systems offers a cloud-based platform that facilitates smart scheduling and comprehensive data analysis, enabling clients to monitor facilities effectively. By combining continuous monitoring with drone inspections, the company empowers clients to leverage advanced analytics and automation, ultimately improving productivity and reducing asset downtime in industrial asset inspection and monitoring processes.
JOA Oil & Gas B.V. specializes in geological and reservoir simulation software tailored for the oil and gas industry. Its flagship product, JewelSuite, employs patented 3D gridding technology to enhance simulation accuracy and model complex geological structures. This integrated tool allows users to connect geological models with reservoir simulators, streamlining workflows by incorporating seismic data, geological modeling, flow simulation, and field geomechanics. The company also offers a Software Development Kit to facilitate the integration of external software into the JewelSuite framework, along with support and training services. JOA Oil & Gas distributes its products through resellers in regions including Thailand, Australia, Indonesia, and the Middle East. Headquartered in Delft, the Netherlands, the company maintains additional offices in various locations, including Russia and the United States, and has formed a strategic partnership with Baker Hughes. JOA Oil & Gas operates as a subsidiary of the JOA group.
JOA Oil & Gas B.V. specializes in geological and reservoir simulation software tailored for the oil and gas industry. Its flagship product, JewelSuite, employs patented 3D gridding technology to enhance simulation accuracy and model complex geological structures. This integrated tool allows users to connect geological models with reservoir simulators, streamlining workflows by incorporating seismic data, geological modeling, flow simulation, and field geomechanics. The company also offers a Software Development Kit to facilitate the integration of external software into the JewelSuite framework, along with support and training services. JOA Oil & Gas distributes its products through resellers in regions including Thailand, Australia, Indonesia, and the Middle East. Headquartered in Delft, the Netherlands, the company maintains additional offices in various locations, including Russia and the United States, and has formed a strategic partnership with Baker Hughes. JOA Oil & Gas operates as a subsidiary of the JOA group.
Nova Technology Corporation
Acquisition in 2006
NOVA Technology, as its name implies, provides innovative engineering solutions for reducing operator completion costs while enhancing production. This is accomplished with an array of services, including downhole Chemical Injection Systems (CIS); Continuous Reservoir Monitoring Systems (CRMS);and Multicontrol Line Installation Services (MLS). In addition, NOVA provides Downhole Corrosion Monitoring Systems (DCMS); Downhole Corrosion Engineering (DCE); Surface Chemical Injection Packages (SCIP); Quality Connection Services (QCS); Advanced Sealant Technology (AST) systems; and National Aerospace Standard (NAS) filtration services. For example, a deepwater completion requires a surface-controlled sub-surface safety valve (SCSSV) control line; downhole chemical injection tubing; and, in many cases, tubing encapsulated conductor for continuous reservoir monitoring. Generally, three separate suppliers provide these services. NOVA has the unique capability to cost effectively provide simultaneous multi-control line installation services to include sophisticated, real-time remote monitoring facilities with synergistic products and services (CRMS/CIS/MLS).
Hughes Tool manufactures drill bits to eliminate reliance on fossil fuels and lithium-ion batteries. The company focuses on solving climate and environmental related challenges with technology innovation.
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