Participated · Debt Financing · Jun 2026

Origis Energy develops, owns, and operates utility-scale solar and battery storage projects. The company is advancing a pipeline of more than 20 GW and said the new facility will help advance over 5 GW of highly advanced projects. Origis reported that it has quadrupled its operating capacity over the past 24 months. Earlier financings this year include $118 million in tax equity for the Chalan Solar + Storage project and approximately $545 million in senior secured project financing for three Rockhound Projects. Management framed the new corporate credit facility as liquidity to support its growth strategy and accelerate its near-term project pipeline. The syndicate of banks and institutional investors on the transaction provides both funded credit and letter-of-credit capacity to underwrite development activity.

Led · Equity · Sep 2025

Fidra Energy develops large-scale battery energy storage projects and is delivering the Thorpe Marsh BESS in South Yorkshire. The Thorpe Marsh project is designed for 1.4GW/3.1GWh capacity and is projected to start operations in mid-2027, aiming to be the UK’s largest battery storage facility. Fidra awarded supply and construction contracts to Sungrow (Power Titan 2.0 batteries), H&MV Engineering (grid connections and electrical work) and Jones Bros Civil Engineering (civil and drainage). The company has secured long-term offtake agreements with EDF, Octopus Energy, and Statkraft covering nearly 80% of the project’s capacity and received a 15-year capacity market award effective October 2028. Fidra reached financial close for Thorpe Marsh after securing up to £445m in equity from EIG and the National Wealth Fund alongside £594m in potential loan facilities from international lenders. Management and investors framed the financing as enabling delivery of the project, improving grid stability and supporting UK clean energy ambitions.

Participated · Equity · May 2024

HIF Global develops projects to convert hydrogen produced with low-cost renewable power into carbon neutral liquid eFuels that can be transported and used in existing infrastructure. The company is already producing eFuels at its Haru Oni facility in Magallanes, Chile. HIF intends to begin construction of the commercial-scale HIF Matagorda eFuels Facility in Texas in 2024. Led by CEO and President Cesar Norton, the company is using low-cost renewable hydrogen as the feedstock for its products. HIF plans to use recent funding to develop eFuels markets in Japan and to create CO2 supply chains to support production and distribution. The company is headquartered in Santiago, Chile. HIF Global develops eFuels — synthetic, low‑carbon fuels produced from hydrogen and carbon dioxide using renewable energy — as a complement to vehicle electrification. The company operates the Haru Oni eFuel pilot plant in Punta Arenas, Chile, and is working with partners including Siemens Energy and ExxonMobil to begin production. Porsche has invested in HIF Global, reflecting commercial interest from automakers in zero‑emission fuel substitutes. HIF Global confirmed plans to begin construction on an eFuels plant in the U.S. next year, followed by additional facilities in Chile and Australia in 2024. The company positions eFuels as a solution for reducing emissions across automotive, shipping and aviation sectors and to support motorsport and Porsche Experience Center use cases. No operating metrics or prior financing rounds are disclosed in the article.

Led · Equity · Feb 2023

Industrial Sun is a Modern Energy company that develops large-scale solar projects for power sale to industrial clients in Texas' ERCOT energy market. It targets high energy‑demand customers including refineries, pumping and compression stations, manufacturing and processing plants, terminals, and data centers. The company says its utility‑scale solar offerings deliver the lowest net cost of power in the United States and can save ERCOT customers millions without any capital expense. Modern Energy will continue to manage and provide a range of services to support Industrial Sun’s growth following the investment. Industrial Sun was launched in November 2021 with a $30 million commitment from Modern Energy and is now capitalized to execute on gigawatts of pipeline opportunities. No revenue or user metrics are disclosed in the article.

Led · Equity · Feb 2023

Powerfield develops, builds and manages "virtual power stations" that connect solar parks to external storage and EV charging infrastructure. Headquartered in Wormer in North Holland, the company integrates PV generation with batteries and EV chargers to enable direct use of renewable solar radiation. Powerfield currently operates 1000 MWp of solar park generation capacity. The company aims to scale its integrated platform and to build what its CEO described as the largest virtual power plant in Europe. A €500 million structured equity and portfolio financing provided by EIG and Landesbank Baden‑Württemberg is expected to fund further platform development and to unlock an additional c.500 MWp of capacity. An inaugural tranche supplied on January 30 was earmarked to deliver 120 MWp of new solar park capacity.