Led · Equity · Aug 2024

3V Infrastructure is an electric vehicle charging infrastructure investor, owner, and operator that builds and operates Level 2 EV chargers in long-dwell properties such as multifamily housing and hotels. The company eliminates upfront and ongoing costs for real estate portfolio owners and managers by working with a network of technology and deployment partners to handle permitting, utility setup, maintenance, and monitoring. 3V targets large real estate portfolios—property owners and managers with more than 20 sites—in an effort to deploy projects broadly and rapidly. The team brings expertise in EV technology, real estate, construction, operations, energy, and public affairs and is led by co-founders Aubrey Gunnels (CEO) and Ben Kanner (COO). 3V announced its formation in New York and positions Level 2 chargers as an amenity to unlock EV adoption for tenants and hotel guests. The company is backed by industry investors including Greenbacker Capital Management and aims to scale deployments to address the gap in non-single-family charging access.

Participated · Series A · Jul 2024

Graphyte develops a Carbon Casting technology that sequesters carbon-containing biomass waste underground to produce low-cost carbon removals for carbon credit buyers. The company has commenced operations at its Loblolly project in Arkansas, which will reach a capacity of 50,000 metric tons of CO2 removed per year in early 2025. Graphyte plans to accelerate deployment and launch an additional four carbon removal facilities across 2025 and 2026. The company aims to scale to removing more than 5 million tCO2 per year by 2030. Led by CEO Barclay Rogers, Graphyte is positioning its technology to deliver durable, low-cost removals to the market. The company is based in Pine Bluff, Arkansas.

Led · Equity · Jun 2024

Relevate Power acquires and renovates aging, sub‑20MW run‑of‑river hydropower facilities to restore capacity and provide continuous clean power. The company owns and operates 21 facilities across the Northeast and is on track to triple its footprint by the end of 2024 while investing heavily in the Midwest and augmenting its New England portfolio. Its growth strategy centers on a national operations center to enable 24/7 remote operations, centralized maintenance scheduling, fleet monitoring, and market optimization. Relevate was founded in 2022 through the merger of IPPs Dichotomy Power and Clear Energy with power marketer Standard Power. The business is backed by institutional investors and is pursuing additional capital to expand its project portfolio and operations. The recent financing will support an acquisition and construction of the national operations center to scale operations.

Led · Equity · Mar 2024

Lightshift Energy is a utility-scale energy storage project developer, owner, and operator headquartered in Arlington, Virginia. Founded in 2019, the company is developing a diverse, multi-gigawatt pipeline of energy storage projects located throughout the U.S. Lightshift combines energy storage analytics, application design, finance, and development expertise to deploy dynamic, multi-use projects that maximize value for utilities, large-load customers, and communities. The company reinvests directly into the communities where its projects are located. Lightshift is transitioning a significant portion of its pipeline into construction in the second half of 2025 and into 2026. To support that build-out, it recently secured a financing tool to fund interconnection and PPA security requirements, equipment deposits, and other uses. Lightshift Energy (formerly Delorean Power) develops and operates utility-scale battery projects and integrated grid storage solutions. Launched in 2019 by Michael Herbert and Rory Jones, the company has more than 20 battery projects under contract and a pipeline exceeding 4,000 MW. Its 10.5 MW battery facility in Danville, Virginia has been operating since 2022 and is expected to save the city more than $40 million. Lightshift targets public power, investor-owned utilities, and large corporate consumers across the U.S. The company recently rebranded from Delorean Power and has expanded its team and project pipeline. Recent capital commitments are intended to scale the team, accelerate sales, expand the project pipeline, and support construction and operations. Delorean Power develops and operates standalone battery energy storage projects across the United States, focusing on utility-scale and multi-use applications. The company is developing a diverse pipeline of projects ranging in size up to 250 MW and provides energy storage analytics, application design, finance, and development expertise. Delorean prioritizes both community and system impact, aiming to deliver environmental and social benefits, new tax revenue, improved grid resilience, and lower electricity costs. The firm works with local landowners, businesses, and municipalities to site projects on unused and idle properties and maximize value for utilities and other customers. The company received a growth investment that included an initial $20 million commitment to further scale its platform and resource its pipeline. Delorean was founded in 2019 and is headquartered in Arlington, Virginia.

Led · Debt Financing · Nov 2023

Revolv offers turnkey fleet electrification services that bundle hardware, software, and operational support to help commercial fleets transition to electric vehicles. The company positions itself as technology-agnostic and provides full-service solutions—including vehicle selection, charging infrastructure deployment, and ongoing fleet operations. Revolv has supported customers in securing grant funding (for example, $445,000 from CALSTART’s EnergIIZE program) and was recognized with the 2024 Frost & Sullivan US New Product Innovation Award for its fleet electrification offerings. CEO Scott Davidson emphasizes the company’s model of absorbing deployment complexity and financial risk for corporate customers. The LinkedIn post states Revolv plans to deploy hundreds of commercial EVs and EV charging stations in the coming months. The company recently secured financing to accelerate those deployments. Revolv provides a single-partner, full-service solution to help commercial fleets deploy, charge, and integrate electric vehicles, covering vehicle selection, facilities, on-site charging installation, utility interconnection, and maintenance. The company helps customers navigate incentive regimes, charging infrastructure, and financing while aiming to reduce total cost of ownership and improve the driver experience. Revolv offers ongoing support after deployment to help drivers transition to electric operations. Led by CEO Scott Davidson, the company is on track to deliver over 100 vehicles ranging from Class 2 through Class 8 by the end of 2023. Revolv plans to scale and manage fleets in the thousands in the following years and intends to expand operations across North America. The business raised capital in support of that expansion and operational scaling.