Participated · Debt Financing · Aug 2026

DataVita operates and develops data center campus assets in the UK, including DV1 (operated since 2016) and a smaller DV2 site in Glasgow offering 130 racks across 1,000 sqm. The company acquired DV1 in 2021 with £45m of owner support and was built originally by HFD Group in 2021. It is expanding DV1 and building a new DV3 facility in the North Lanarkshire AI Growth Zone, with all capacity from both buildings contracted to CoreWeave under a 15-year lease. Last year CoreWeave announced deployments of Nvidia GPUs into DataVita data centers, and management states the first facility from the current program is due to complete this year. The company has secured project-level debt financing and a National Wealth Fund-backed guarantee to underwrite the current build-out.

Participated · Debt Financing · Jul 2026

Nexamp develops and operates community solar and battery storage projects, owning a portfolio of 20 operating community solar sites across New York, Illinois, Maine, and Massachusetts. The company has been financing growth through structured debt facilities, most recently a $106 million five‑year financing and a $200 million credit facility in April 2026, and previously a $330 million round involving MUFG and Siemens Financial Services. Nexamp uses cash flows from operating assets to recycle capital into new project development and to expand its customer base. Its stated plan after the latest financing is to reinvest freed‑up capital into additional community solar projects. The company emphasizes providing cost savings to households, small businesses, and municipalities as it scales its community solar footprint.

Participated · Equity · Jun 2026

Hygenco develops green hydrogen and green ammonia infrastructure and is pursuing a Hydrogen-as-a-Service model that shifts capital expenditure from off-takers to producers. The company plans to commission several commercial facilities by 2027 and is moving from pilot operations toward larger-scale deployments. Its business faces sector headwinds such as high electrolyzer costs, the need for round-the-clock low-cost renewable power, and competition from incumbent industrial players. The firm has attracted blended finance—including a $20 million contribution from the Clean Technology Fund—and institutional participation from the International Finance Corporation and Siemens Financial Services. Financially, the recent $105 million raise is intended to support scaling and infrastructure buildout, but the company must carefully manage leverage and execution risk as it grows.

Participated · Equity · Dec 2024

Becis is a Singapore-based Energy as a Service (EaaS) provider serving commercial and industrial customers. Using an EaaS model, it develops, constructs, operates and owns distributed energy solutions to reduce customer risk and complexity while achieving sustainability, cost efficiency and energy resilience. The company specializes in a variety of decarbonisation solutions and is led by CEO Eren Ergin. Becis operates across eight strategic markets: India, Thailand, Indonesia, Vietnam, Philippines, Malaysia, China and Cambodia. In December 2024 it raised US$53M in equity funding. The company intends to use the funds to expand operations and its business reach. BECIS is a leading energy-as-a-service provider focused on rooftop solar across South and Southeast Asia. The company plans to grow its rooftop solar portfolio in markets including Vietnam, the Philippines, Indonesia, Thailand, Malaysia and India. To support that expansion it secured a $50 million joint financing facility. The investment is expected to enable BECIS to avoid 319,000 tonnes of CO2 emissions per year. BECIS emphasizes sustainability and innovation and aims to drive renewable energy adoption and promote energy literacy within local communities. The partnership with its financiers is presented as supporting a thriving, sustainable future in the region.

Participated · Series B · Dec 2024

Heirloom is a climate-tech company founded in 2020 that is scaling a next-generation direct air capture platform designed to provide the most cost-effective path to gigaton-scale carbon removal. Its process accelerates natural carbon mineralization to pull CO₂ directly from ambient air, after which the captured gas can either be permanently sequestered underground or used to produce sustainable aviation fuel. The company is headquartered in Brisbane, California, and positions its technology to serve multiple decarbonization roles across energy and industrial markets. Heirloom has raised at least $150 million to date, including a Series B round led by climate-focused investors and airlines such as Japan Airlines, Mitsubishi Corporation, and Mitsui & Co., followed by a separate investment from United Airlines. Newly added strategic investors—the Development Bank of Japan and engineering firm Chiyoda—bring financial strength and large-scale project expertise that Heirloom intends to leverage for global deployment. These Japanese partnerships also poise the company to issue carbon credits within Japan’s emerging GX-ETS compliance market, expected to become Asia’s second-largest by 2026. Management describes the technology as versatile, capable of supporting clean-fuel production as well as permanent removals, and sees the fresh capital and alliances as critical to accelerating large-scale DAC facilities worldwide.