I Squared Capital

I Squared Capital Advisors, LLC is an investment firm specializing in infrastructure investments. It invests in energy, utilities and transportation sectors. It seeks to invest in India, China, North America and Europe. It seeks to invest between $125 million and $400 million. I Squared Capital Advisors, LLC was founded in 2012 and is based in New York, New York with additional offices across North America, Europe, and Asia.
KA

Kunal Agarwal

Associate

HA

Harsh Agrawal

MD

Gautam Bhandari

Managing Partner

DM

D. Mark Clark

VP

ME

Mohamed El Gazzar

MD

JH

Jackson Huang

Investment Associate

SL

Sayantan Lahiri

Operating Director

TL

Thomas Lefebvre

Partner

AM

Andreas Moon

MD and Head of Investor Relations

AR

Adil Rahmathulla

Founding Partner

AS

Aman Sareen

Associate

RS

Ronald Schweizer

CFO

Sadek Wahba

Chairman, Managing Partner

MW

Mark Woodruff

MD, Global Power

Past deals in Bermuda

Lincoln Clean Energy, LLC

Acquisition in 2016
LCE is a developer, owner, and operator of clean power projects with a particular focus on wind and solar power in the United States. LCE has successfully developed projects involving over $2 billion in capital investment in some of the largest electricity markets in the US (including Texas, California and New Jersey). In late 2015 LCE was acquired by I Squared Capital through its $3 billion ISQ Global Infrastructure Fund. Following this transaction, LCE is now positioned to be the long term owner of the projects it develops. Building on its strong track record in project development, LCE plans to deploy in excess of $250 million of equity capital as it builds out its backlog of development projects.

PreAct Technologies

Series B in 2023
PreAct Technologies develops ADAS and autonomous vehicle sensors and infrastructure to predict and prepare a vehicle and its occupants for an imminent crash. The company was founded in 2018 and is based in Portland, Oregon.

Pinnacle Midstream

Acquisition in 2017
Pinnacle Midstream II, LLC provides midstream services to oil and gas producers. Its services include natural gas gathering and processing, crude oil gathering and stabilization, crude oil transloading and storage services, produced water gathering and saltwater disposal wells, and product marketing and support. The company was founded in 2019 and is headquartered in Houston, Texas.

Western UP Tollway

Acquisition in 2016
Western UP Tollway Limited engages in the improvement, operation, maintenance, rehabilitation, strengthening, and tolling of National Highway 58 on a build-operate-transfer basis in Uttar Pradesh. The company was incorporated in 2005 and is based in Hyderabad, India. Western UP Tollway Limited is a subsidiary of Cube Highways and Infrastructure Pte. Ltd.

Duke Energy International - Latin American Businesses

Acquisition in 2016
Duke Energy International - Latin American Businesses

Star Leasing Company

Acquisition in 2021
Star Leasing Company is a transportation company providing trailer renting services.

HTEC Hydrogen Technology & Energy

Private Equity Round in 2021
HTEC is a privately held company located in North Vancouver British Columbia, Canada dedicated to realizing the opportunities presented from the exciting new Hydrogen Energy Systems such as Fuel Cells that are being developed around the world.

GTT Communications - Infrastructure

Acquisition in 2020
GTT Communications - Infrastructure consists of GTT’s business and activities of providing Pan-European, North American, sub-sea and trans-Atlantic fibre network and data centre infrastructure services to customers.

Ocensa

Secondary Market in 2020
Ocensa Colombia's crude oil transportation system.

AG&P Pratham

Private Equity Round in 2021
About AG&P City Gas: Operating under the brand of AG&P Pratham, AG&P City Gas is one of the largest private City Gas Distribution (CGD) companies in India.

Inkia Energy Ltd.

Acquisition in 2017
Inkia Energy operates and develops power generation facilities in Latin America and the Caribbean. It generates electricity through natural gas, hydroelectric resources, fuel oil, diesel, and wind. The company sells electricity to distribution companies and unregulated consumers under power purchase agreements, as well as to the spot market.

Epirus

Series C in 2022
Epirus designs and builds high-powered microwave products for the defense and commercial sectors. Epirus is a developer of software-defined electromagnetic pulse (EMP) technology designed to take down unmanned aircraft systems (UAS). The company's technology addresses threats such as drones and other asymmetric technologies, enabling the defense to stun drones with a hard reset or knock swarms out of the sky.

Rubis Terminal

Private Equity Round in 2020
Rubis Terminal is distribution of petroleum products and bulk-liquid storage.
Palmetto, Inc. operates as a clean technology software and fulfillment platform company scaling the deployment of technology products such as energy storage, solar power, demand management systems, and energy efficiency. The company builds and deploys software systems that help consumers understand their energy spend. It offers logistics and infrastructural support, information on clean energy’s benefits, and software tools that enable solar customers to manage and monitor how their solar installations are operating. It offers services, such as ongoing support, financing, design, survey, engineering, permitting, and installation services for solar products, storage products, and thermostats. Palmetto, Inc. was formerly known as Palmetto Global Holdings, LLC. The company was founded in 2009 and is headquartered in Charleston, South Carolina. It has additional offices in San Francisco, California; and Seattle, Washington.

InfoFabrica

Acquisition in 2020
Infofabrica is an IT consulting organization that specializes in hybrid and multi clouds consulting and managed services. InfoFabrica was founded to guide customers and partners in APAC through IT Cloud transformation era. Over the past 5 years, InfoFabrica has become a leading regional hybrid cloud managed service provider and consulting partner advising customer journey to cloud, migrating to cloud and managing customer hybrid cloud environment. Whether you need consolidate your existing infrastructure, or you are designing a new data centre, they are confident you will be pleased with the results they provide. As a consulting firm, their core assest is the talent pool they have. They attract, develop, recognise and retain the best talent for their business. This is their core value. Their company is highly entrepreneurial and agile while their consultants bring a diverse and comprehensive range of skills to enable customers to achieve high performance business. Their consultants foster long-term partnerships with customers by being trusted advisor being responsive and by consistently creating and delivering value.

IC Power

Acquisition in 2018
IC Power is a fast-growing global power generation and distribution company. It engages in the ownership, development, and operation of power generation facilities in Israel, Latin America, and the Caribbean. It generates electricity through various fuels, including natural gas, hydroelectric, diesel, heavy fuel oil, and wind.

1NCE GmbH

Venture Round in 2022
1NCE GmbH provides Internet data connectivity services. It provides narrowband and low bandwidth connections for low data business to business applications. The company offers a sim card for activating, receiving, and configuring data plans. It caters to the Internet of Things market. The company was founded in 2018 and is based in Cologne, Germany.

Tarana Wireless

Venture Round in 2022
Tarana Wireless™ has pioneered a carrier-class universal wireless transport solution that is a breakthrough innovation with deterministic True NLOS performance, ubiquitous coverage, multi-kilometer range, industry-leading spectral efficiency, unprecedented capacity and scalability, zero-touch operation, and considerably lower total cost of ownership. It has the flexibility to be deployed for a wide range of applications including small cell backhaul, last mile fiber extension, tactical mobile operations, and more. Visit www.TaranaWireless.com for additional information.

Yalla Fel Sekka

Series A in 2022
YFS is a technology platform that offers instant delivery for B2B, B2C, and C2C customers within urban communities. Our business model is both unique and scalable allowing us to serve both small/large size businesses and individual customers. Through our diverse fleet and strong operations team, we are able to instantly serve multiple verticals including groceries, pharmacies and e-commerce. Our service also allows us to act as a growth catalyst for SMBs by helping them access a booming e-commerce market with minimal investment in their logistics infrastructure.
Hutchison Global Communications Limited (HGC) is a subsidiary of Hutchison Telecommunications Hong Kong Holdings Limited (HTHKH, stock code: 0215), a well-established integrated telecommunications operator listed on the Main Board of The Stock Exchange of Hong Kong Limited. HTHKH, a member of CK Hutchison Holdings Limited, provides fixed-line services under the HGC brand and m​obile services under the 3 brand.

Viridian Group

Acquisition in 2016
Viridian has invested over €600 Million in thermal generation in the RoI and through the provision of Power Purchase Agreements (PPAs), has supported third party investments of around €600 Million in renewable generation assets throughout Ireland. Viridian Group has always been at the forefront of innovation and was the first independent energy company to enter the deregulated market to offer competitive electricity to Irish businesses in 1999.

Atlantic Power Corporation

Acquisition in 2021
Atlantic Power Corporation (Atlantic Power) owns and operates a fleet of power generation and infrastructure assets in the United States and Canada. The Company’s power generation projects sell electricity to utilities and industrial customers under long-term power purchase agreements. During the year ended December 31, 2011, its power generation projects in operation had an aggregate gross electric generation capacity of approximately 3,397 megawatts in which its ownership interest was approximately 2,140 megawatts. The Company operates in five segments: Northeast, Southeast, Northwest, Southwest and Un-allocated Corporate. In April 2013, the Company sold its interest in three Florida projects: Auburndale Power Partners Limited Partners (Auburndale), Lake Cogen, Ltd. and Pasco Cogen, Ltd.

TIP Trailer Services

Acquisition in 2018
TIP specializes in trailer leasing, rental, maintenance and repair as well as other value added services and provides these to transportation and logistics customers across Europe. Headquartered in Amsterdam, TIP services its customers from over 70 locations in Europe, spread over 16 countries. With approximately 50,000 units in its fleet, TIP Trailer Services is considered an industry leader with one of the largest and most diverse fleets in Europe.
MEP Infrastructure Developers Limited engages in the construction, operation, and maintenance of road infrastructure in India. MEP Infrastructure Developers Limited was founded in 2002 and is headquartered in Mumbai, India.