Kerogen Capital and JP Morgan Chase Invest in Enervee

Kerogen Capital and Thrive Renewables Invest in Geothermal Engineering Ltd

March 8, 2023

Renewable Energy

Kerogen Capital (through its CelerateX platform) and Thrive Renewables plc provided £15 million of funding to Geothermal Engineering Limited (GEL) — £12 million from Kerogen and £3 million from Thrive — to advance the United Downs deep geothermal project in Cornwall and accelerate GEL's UK geothermal portfolio. The capital will fund completion of the United Downs plant (targeting electricity production by 2024) and support GEL's goal of delivering 25 MWe of baseload electricity and 100 MWth of heat across its portfolio by 2028.

Energea Provides $20 Million Financing to HGR Energy

December 6, 2024

Renewable Energy

Energea provided $20 million in debt (part of a combined equity and debt package) to HGR Energy to accelerate development and expansion of its renewable energy project portfolio. Westbury Group and Regiment Securities advised and structured the financing, which closed on December 6, 2024.

Bain Capital Makes Significant Equity Investment in EcoCeres

January 12, 2023

Renewable Energy

Bain Capital Private Equity completed a significant equity investment in EcoCeres, an Asia-based advanced biorefinery platform that produces HVO, SAF and cellulosic ethanol from waste-based biomass. The investment will support EcoCeres’ international expansion and technology scaling to advance renewable fuels and decarbonization solutions.

Mars Equity Partners Makes Strategic Investment in NewGen Energy (A2B Development)

December 21, 2022

Renewable Energy

Mars Equity Partners made a strategic (growth) investment in A2B Development (dba NewGen Energy) on December 21, 2022. Generational Equity advised NewGen Energy; the investment will help scale the Loomis, California-based alternative energy provider that offers solar PV, energy storage and backup power solutions for agricultural, commercial/industrial and residential customers.

Accel-KKR Makes Significant Investment in Yes Energy

January 28, 2022

Data & Analytics

Accel-KKR, a technology-focused private equity firm, announced a significant investment in Yes Energy to accelerate the company's power market data products, partnerships and acquisition opportunities. Yes Energy, founded in Boulder, Colorado, will use the funding to expand its product suite and scale to meet growing demand across North American power markets.

NPM Capital Acquires Minority Stake in Jeco Energies

September 25, 2024

Energy

NPM Capital has agreed to acquire a significant minority interest in Belgian industrial energy solutions provider Jeco Energies to accelerate growth through strategic acquisitions and international expansion. The investment will provide capital, buy-and-build expertise and support Jeco's expansion of its rental fleet and international footprint while founder Jef van den Brande remains the majority shareholder.