Participated · Debt Financing · Aug 2026

Plantible Foods produces functional ingredients derived from Lemna, also known as water lentils, and its flagship product Rubi Protein is a complete plant protein containing all nine essential amino acids and vitamin B12. The company operates a commercial production facility in Eldorado, Texas (Ranchito facility) and plans to expand that site by adding up to 50 commercial greenhouses. The planned expansion is expected to raise annual production capacity to more than 1,000 metric tons. Plantible says the increase in capacity will help meet rising customer demand and support additional jobs, contractors and suppliers in Schleicher County. Since establishing its commercial facility, the company has invested in local operations, engineering and research roles. The company’s recent financing includes a $25 million USDA OneRD Business & Industry Guaranteed Loan closed with X-Caliber Rural Capital.

Participated · Preferred · Jun 2025

Fervo Energy develops next-generation geothermal power using innovations in horizontal drilling, fiber-optic sensing and advanced reservoir engineering to make geothermal scalable and competitive. Its flagship Cape Station project in Beaver County, Utah is slated to deliver first power to the grid in 2026, reach about 100 MW of operating capacity by early 2027 and has plans to scale to 500 MW. Cape Station is fully contracted through power purchase agreements with Southern California Edison, Shell Energy and community choice aggregators. The company secured long-term non-recourse project financing for the first phase of Cape Station to fund remaining construction costs and meet counterparty credit support requirements. Fervo positions its technology and commercial contracts as enabling Enhanced Geothermal Systems to be treated as a bankable, utility-scale infrastructure asset.