Participated · Series B · Mar 2026

SYSO Technologies develops and operates a software platform that optimizes and manages renewable energy and storage assets for project owners and operators. The system now oversees more than 4.5 GW of capacity spread across 300-plus sites, covering every major U.S. ISO/RTO market and recently expanding into Canada. By delivering market intelligence, dispatch optimization, and regulatory navigation tools, SYSO positions itself as a mission-critical partner as grid demand rises from data centers and AI workloads. The company reports that it has more than doubled its managed capacity since the initial close of its Series B round in August 2024, reflecting rapid customer adoption. Investors highlight the firm’s technical depth, operational maturity, and ability to scale into new energy markets. With fresh capital, SYSO plans to further broaden the asset classes and geographies it supports while deepening its operational capabilities. The latest financing brings the Series B total to $15.5 million, although no revenue or profitability figures were disclosed.

Led · Equity · Jun 2023

Granite Source Power (GSP) is a greenfield utility-scale energy development company that develops battery storage and renewable projects using an owner-operator mindset. Founded in 2022, GSP focuses on addressing risks at the foundation of project development and operations. The company is marketing a diversified, resilient 2 GW stand-alone battery storage portfolio with Marathon Capital, LLC. GSP recently secured $40M in Strategic Growth Capital as an equity partnership. The investment is intended to fund further renewable and battery storage development in GSP’s core markets. The financing strengthens GSP’s capital base to advance its utility-scale project pipeline.

Led · Equity · Feb 2018

Renewable Properties develops and invests in small-scale utility and community solar energy projects throughout the U.S. The firm works closely with communities, developers, landowners, utilities and financial institutions to site, finance and build solar projects. Founded in 2017 and based in San Francisco, Renewable Properties is focused on expanding its utility-scale and community solar pipeline and incorporating energy storage into projects. The company expects to start construction on 50 megawatts of solar capacity in 2020, with 30 megawatts expected to achieve commercial operation by year-end, and is executing community solar projects with MCE (Soscol Ferry Road and Silveira Ranch) as well as 16.8 megawatts across six utility-scale projects under construction with Duke Energy. Management aims to grow the business toward completing 100 megawatts of community-scale solar or more per year. The firm raised $30 million from funds managed by CarVal Investors to accelerate pipeline development, expand into new and existing markets, and pursue new project opportunities and acquisitions. Renewable Properties develops, finances, and operates small-scale utility and commercial solar energy projects across the United States. The company focuses on project development activities including land acquisition, interconnection applications and studies, permitting, and environmental reviews. It announced a $12.5 million capital commitment from New Energy Capital Partners to fund corporate and operating expenses and project-specific costs. Renewable Properties plans to bring approximately 75 MW DC of solar capacity online in 2018 and is actively hiring across the solar development value chain. The company was founded in 2017 and operates out of San Francisco. Capital from the closing is intended to support project acquisitions, development activities, and ongoing operations.

Led · Equity · Sep 2011

FLS Energy is an Asheville, NC–based designer, installer, and owner of commercial solar hot water (SHW) and photovoltaic (PV) systems. The company supplies turn‑key solutions, offering direct sales of systems or long‑term contracts that let customers purchase solar energy at competitive rates with no up‑front cost. It is described in the article as the nation’s largest installer of commercial SHW systems and one of the largest PV integrators in the southeastern U.S. FLS Energy has developed systems for industrial clients such as SAS Institute, Prestage Foods, and Kimberly Clark, as well as universities including Wake Forest University, Guilford College, and Appalachian State University, plus governmental institutions, hotels, and other commercial enterprises. The company was named the 46th fastest‑growing U.S. company by Inc. Magazine in 2010 and is currently installing systems on more than 2,000 homes for the U.S. Marines. A recent $12.0M investment from New Energy Capital and the CleanTech Alliance Fund is intended to support continued growth and will create approximately 30 new manufacturing and installation jobs.