Fortistar

Fortistar, based in White Plains, New York, is a private investment and energy asset management firm founded in 1993. The firm focuses on opportunities in the energy, transportation, and industrial sectors, with a particular emphasis on lower carbon energy generation. Fortistar owns and operates various facilities across the United States and Canada, including cogeneration plants, compressed natural gas fueling stations, landfill power plants, and biomass facilities. Additionally, the firm is involved in projects aimed at reducing carbon emissions in industrial operations, supporting the transition to a low carbon economy through its diverse portfolio of energy assets.

Nadeem Nisar

Managing Director

8 past transactions

Titan Advanced Energy Solutions specializes in developing advanced battery management systems for lithium-ion batteries, leveraging patented ultrasound technology to enhance battery performance. Their flagship product, ionView, delivers over 99% accuracy in state-of-health and state-of-charge assessments, which leads to a minimum 20% increase in charge capacity and a 125% extension of battery life. The systems also offer real-time monitoring, safety controls, and cell-level balancing. Titan's solutions cater to a diverse range of industries, including automotive, energy storage, mobile devices, and battery manufacturing, ultimately supporting the electrification and decarbonization efforts for a sustainable future. Founded in 2016 and located in Somerville, Massachusetts, the company was previously known as Titan Energy Analytics.

Skyryse

Series B in 2021
Skyryse, Inc. is an air mobility company founded in 2016 and headquartered in El Segundo, California. The company specializes in developing flight hardware and software, notably its operating system, FlightOS. This innovative system provides a common interface for pilots, allowing them to operate various types of aircraft, including helicopters and fixed-wing planes, with the same controls. FlightOS aims to enhance flight safety and streamline piloting by significantly reducing pilot fatigue and complexity, making it accessible for pilots to operate different aircraft configurations after minimal training. Skyryse serves various sectors, including emergency services, public transport, and urban planning, positioning itself as a leader in advancing general aviation technology.

Nanoramic Laboratories

Venture Round in 2021
Nanoramic Laboratories is a nanotechnology company based in Boston, Massachusetts, specializing in energy storage technology and advanced material solutions. Founded in 2008, the company develops and licenses Neocarbonix electrodes for rechargeable lithium-ion batteries, which feature a proprietary 3-D nanoscopic carbon binding structure. Additionally, Nanoramic offers Thermexit, a thermal interface gap filter pad, and FastCAP, an ultracapacitor that utilizes nanocarbon-based electrodes for enhanced performance. The company's innovative approach combines nano-carbons with electrical, thermal, and mechanical properties to create materials that improve energy density and longevity in energy storage applications, particularly for electric vehicles. Nanoramic Laboratories aims to lower technology costs while meeting the evolving demands of the energy storage sector.

Ambri

Venture Round in 2021
Ambri, Inc. is a company specializing in electricity storage solutions, particularly through its innovative liquid metal battery technology designed for electric grids. Founded in 2010 and based in Marlborough, Massachusetts, Ambri aims to revolutionize grid-scale power storage with a battery system that is anticipated to be significantly more cost-effective than existing options. This technology allows for the decoupling of power supply and demand, facilitating the integration of sustainable energy sources and enhancing the efficiency of power systems. Ambri's energy storage systems are designed to be safe and reliable, capable of withstanding short circuits and fluctuations in power, thereby enabling grid operators to manage electricity more effectively.

Breakthrough Technologies

Private Equity Round in 2021
Breakthrough Technologies specializes in the manufacturing of innovative industrial products aimed at enhancing water and energy sustainability. The company focuses on reducing the use of water treatment chemicals, minimizing blowdown, and lowering operational costs while promoting cleaner and more sustainable practices. By addressing water loss recovery and providing chemical-free solutions, Breakthrough Technologies supports industries in achieving better environmental performance and overall business efficiency.

CSD Nano

Venture Round in 2021
CSD Nano, Inc. is a company based in Corvallis, Oregon, specializing in the development of MoreSun Solution, a nano-tech anti-reflective coating designed for the solar industry. Founded in 2009, CSD Nano not only creates this innovative coating but also manufactures the necessary hardware for its application. The company's anti-reflective coatings can be utilized across various sectors, including solar cover glass, concentrated solar applications, photovoltaic solar cells, building materials, auto glass, and other specialty applications. This versatility positions CSD Nano as a key player in advancing anti-reflective technologies in multiple industries.

BayoTech

Series C in 2021
BayoTech, Inc. is a company that specializes in the development and manufacturing of hydrogen generation systems and reformers, including steam methane reformers. Founded in 2015 and headquartered in Albuquerque, New Mexico, BayoTech focuses on creating hydrogen-based products for sectors such as agriculture, fuel cells, and energy. The company aims to centralize the hydrogen supply chain by establishing local hydrogen production hubs, offering a comprehensive portfolio that includes production, transport, storage, and fueling solutions. This approach allows BayoTech to provide reliable, cost-effective, and low-carbon hydrogen, making it accessible to various clients.

Castleton Power LLC

Acquisition in 2016
Castleton Power a 72 megawatt (MW) gas-fired combined cycle power plant located in Castleton-on-Hudson, NY. The company was formerly known as EPCOR Power (Castleton) LLC and changed its name to Castleton Power, LLC.
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