Avaada
Corporate Round in 2023
Avaada is a renewable energy company that develops and operates solar and wind power projects and is expanding into advanced clean energy solutions, including electrolyzer manufacturing and the development of green hydrogen and ammonia. It pursues environmental sustainability and social responsibility, integrating community development with its business goals to deliver long-term value. The company also works on sustainable aviation fuel and green methanol to support global decarbonization and help reduce emissions in India. Through its projects and manufacturing capabilities, Avaada aims to uplift local communities and contribute to energy access while scaling renewable generation and green fuels.
Duke Energy Renewables
Acquisition in 2023
Duke Energy Renewables generates electricity from renewable resources in the transition to cleaner energy.
CleanMax
Acquisition in 2023
CleanMax is a leading developer of solar energy solutions for corporate clients, specializing in on-site and off-site installations in India. It delivers turnkey solar projects that encompass construction, financing and operations and maintenance, and it supplies power under long-term purchase agreements at rates cheaper than grid tariffs. The company also provides end-to-end clean energy services for commercial and industrial customers and develops projects across India, the Middle East and Southeast Asia, often with no upfront investment required from customers through its build-own-operate model.
Origin - Energy Markets business
Acquisition in 2023
Origin - Energy Markets business is a integrated power generator and energy retailer.
X-Elio
Acquisition in 2023
X-ELIO is a leading firm specialized in the development, construction, financing & operation of photovoltaic plants with a global presence.
Circular Services
Private Equity Round in 2022
Operates recycling facilities across the U.S., offering circular economy infrastructure and services. Processes paper, metal, glass, plastic, and electronics for municipalities and businesses, reducing landfill waste and enabling domestic reuse.
Westinghouse Electric Company
Acquisition in 2022
Westinghouse Electric Company is a global provider of nuclear technology and related services to the commercial nuclear power industry, offering engineering, maintenance, facilities management, nuclear fuel, plant automation, and operating services to utility customers to keep plants safe, reliable, and efficient.
LanzaTech
Corporate Round in 2022
Founded in 2005, LanzaTech is a pioneering carbon recycling company that converts industrial waste gases into fuel ethanol and other valuable products. Its innovative bio-catalytic toolkits enable gas fermentation microbes to recycle carbon emissions from sources like steel mills and landfills, reducing reliance on fossil fuels and supporting a circular economy.
Standard Solar
Acquisition in 2022
Standard Solar, Inc. is a prominent provider of solar energy solutions, specializing in the full-service development, construction, financing, and installation of solar electric systems. Founded in 2004 and based in Rockville, MD, the company focuses on making solar energy accessible to businesses, institutions, and governments, thereby promoting energy independence. Standard Solar offers a range of services, including engineering, permitting, and post-installation support, which address common challenges in the solar development process. Its financing options, such as Power Purchase Agreements, help clients navigate the complexities of funding solar projects while maximizing available federal, state, and local tax incentives. Additionally, the company’s Standard Energy Solutions division provides residential energy solutions, including home solar systems and energy efficiency services. Recognized for its rapid growth, Standard Solar continues to be a trusted partner in delivering responsible and cost-effective energy alternatives.
Scout Clean Energy
Acquisition in 2022
Scout Clean Energy, LLC is a Boulder, Colorado-based renewable energy development company that specializes in the development and operation of wind and solar power projects. Founded in 2010, the company focuses on all aspects of project development, including leasing, permitting, interconnection, power marketing, finance, construction, and asset management. Scout Clean Energy is involved in the construction of major wind farms across the United States, Canada, and Mexico, aiming to provide affordable and clean energy solutions while fostering innovation and infrastructure in the renewable energy sector.
ClearTrace
Series B in 2022
ClearTrace is a software company that provides automated energy and carbon accounting via a blockchain-enabled cloud platform. Its SaaS solution creates verifiable digital records of energy usage and tracks third-party energy supply, financial power purchase agreements, demand response, and behind-the-meter energy assets, supporting reporting, auditing, and compliance across the energy supply chain. The company serves renewable energy suppliers, corporations, and commercial real estate owners, helping to establish a single source of truth for decarbonization claims and reduce greenwashing. Founded in 2017 and based in Austin, Texas, ClearTrace develops digital infrastructure and immutable data representations to measure and verify real-world energy emissions, enabling clients to pursue sustainability and financial goals.
Entropy
Corporate Round in 2022
Entropy is focused on commercializing energy‐transition technologies.
Urban Grid Solar
Acquisition in 2022
Urban Grid is a utility-scale renewable energy project developer based in Richmond, Virginia, with over a decade of experience in the solar and energy storage sectors. The company specializes in guiding solar power and energy storage projects through the entire development process, encompassing site acquisition, interconnection, permitting, and commercialization. Urban Grid is committed to supporting the transition to clean, sustainable energy, providing reliable clean energy solutions for utilities and corporate clients. The company is actively developing a diverse portfolio that exceeds 13 GWDC of solar photovoltaic capacity and 7 GWAC of co-located or stand-alone energy storage across 12 states in the United States.
ClearTrace
Series A in 2020
ClearTrace is a software company that provides automated energy and carbon accounting via a blockchain-enabled cloud platform. Its SaaS solution creates verifiable digital records of energy usage and tracks third-party energy supply, financial power purchase agreements, demand response, and behind-the-meter energy assets, supporting reporting, auditing, and compliance across the energy supply chain. The company serves renewable energy suppliers, corporations, and commercial real estate owners, helping to establish a single source of truth for decarbonization claims and reduce greenwashing. Founded in 2017 and based in Austin, Texas, ClearTrace develops digital infrastructure and immutable data representations to measure and verify real-world energy emissions, enabling clients to pursue sustainability and financial goals.