Lime Rock New Energy
Lime Rock New Energy is a private equity firm based in Westport, Connecticut, specializing in growth equity investments. Founded in 2003, the firm focuses on emission reduction opportunities and companies that provide products and services related to renewable energy, energy efficiency, and transportation electrification. It primarily targets North American businesses, as well as global companies operating within the North American market. Lime Rock New Energy aims to support entrepreneurs and organizations that contribute to the clean energy transition, emphasizing measurable positive environmental impacts through its investments. The firm typically makes investments ranging from $30 million to $90 million.
Qmerit Inc. operates a Software-as-a-Service platform that facilitates the adoption of electrification products in residential and light commercial markets, focusing on renewable energy solutions. Founded in 2015 and based in Irvine, California, the company streamlines the implementation lifecycle of renewable energy equipment, including electric vehicle charging stations and microgrid solutions. Qmerit offers a comprehensive suite of services, including contractor selection, installation oversight, and ongoing maintenance, supported by a nationwide network of certified electrical contractors. Its platform features an algorithmic matching engine that optimizes resource allocation and a performance measurement system, the Qmerit Contribution Index (QCI), which assesses workforce efficiency based on various metrics. Additionally, Qmerit has partnered with Avendra to aggregate purchasing power for parts and materials, enabling clients to benefit from significant discounts. The platform aims to enhance the service quality and reputation of businesses by providing real-time visibility and performance feedback, ultimately improving overall customer experience.
Smart Wires is an electrical and electronics company founded in 2010 and headquartered in San Francisco, California. It specializes in grid optimization solutions, particularly for medium and high voltage electricity transmission grids. The company develops and manufactures modular power flow control technology devices designed to manage and direct power flow within high electric transmission systems. By utilizing advanced power electronics hardware and software, Smart Wires enhances and optimizes grid capacity, addressing challenges such as transmission reliability and congestion management in the evolving energy landscape.
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