BadCarbon
2591 Dallas Parkway Suite 300, Frisco, TX, 75034, United States
Overview
BadCarbon supports a transformative movement that turns resource preservation into enduring energy infrastructure,approachs strengthens the economy, enhances energy independence, and converts a one-time burn into decades of reliable, continuous energy.
- Total investments
- 2
- Lead investments
- 2
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Energy
- Fossil Fuels
- Fuel
- Fuel Cell
Investment portfolio
- BadCarbon
Led · Equity · Mar 2025
BadCarbon structures multi-impact climate capital solutions that capitalize Geologic Environmental Mineral Sequestration (GEMS) credits to finance new renewable projects. The company participated in a $100 million equity investment designed to accelerate solar and battery energy storage system (BESS) development on the ERCOT grid. Projects financed through this initiative are expected to add renewable capacity as early as late 2025 with continued milestones through 2027. The equity investment complements a $300 million portfolio-level debt facility provided by funds and accounts managed by HPS Investment Partners, which closed in November 2024. Together the capital is projected to enable lifetime output exceeding 45,000 GWh and sequester more than 3 million barrels of oil equivalent (BOE), delivering immediate GHG emissions reductions. The transaction was recorded and managed using The Northern Trust Carbon Ecosystem, a private-ledger digital platform for lifecycle management of digital voluntary carbon credits.
- Nexus Renewable Power
Led · Equity · Mar 2025
Nexus develops, finances, and operates utility-scale solar and BESS projects with a lean, targeted development approach. The company is currently constructing two solar + BESS facilities on the ERCOT grid and has a strategic pipeline of projects slated for development and construction thereafter. Nexus received a $100 million GEMS™ catalytic equity investment from BadCarbon to fund new renewable projects and accelerate deployment. That equity complements a $300 million portfolio-level debt facility provided by funds and accounts managed by HPS Investment Partners that closed in November 2024. The combined capital is expected to increase renewable capacity as early as late 2025 with continued progress toward milestones through 2027. Projects backed by these investments are projected to deliver a lifetime output exceeding 45,000 GWh and sequester more than 3 million barrels of oil equivalent, while supporting grid reliability and emissions reductions.
Team
No current team members are available.