SER Capital Invests $82M in Brightcore Energy

SER Capital Partners Invests $82M in Brightcore Energy

August 10, 2021

Renewable Energy

SER Capital Partners committed $82 million in growth capital to Brightcore Energy to expand the company’s balance sheet and accelerate deployment and financing of commercial clean energy and efficiency projects. Metric Point Capital acted as exclusive placement agent; the investment will support Brightcore’s solar, LED lighting, HVAC/geothermal, EV charging, battery storage and smart building offerings for commercial, industrial and institutional customers.

Capricorn Investment Group Makes Strategic Minority Investment in SER Capital Partners

January 23, 2024

Financial Services

SER Capital Partners, a Redwood City-based middle-market private investment firm focused on sustainable industrial and renewable businesses, has received a minority growth investment from Capricorn Investment Group's Sustainable Investors Fund (Capricorn SIF). The partners at SER will retain control; Capricorn's investment will provide growth capital to expand SER's infrastructure, capital base, human capital and resources to support continued investment in sustainability-focused sectors. Financial terms were not disclosed.

SER Capital Partners Acquires HGP's Texas Battery Storage Projects

October 22, 2020

Renewable Energy

SER Capital Partners acquired three project companies from Texas-based developer HGP in September 2020 to deploy battery storage projects across Texas. As part of the investment SER entered a strategic equipment arrangement with LG Chem and committed approximately $70 million of equity to support deployment and grid resiliency efforts.

Serent Capital Invests in BQE Software

March 24, 2021

Cloud & SaaS

BQE Software, a provider of cloud-based professional services automation software (BQE Core), has received a growth investment from Serent Capital. The capital will be used to accelerate product development (including new CRM and HR offerings), expand customer success and sales efforts, and pursue strategic acquisitions to grow BQE’s footprint in the professional services automation market.

Emerald Lake Capital Management Invests in CORE Transformers

September 25, 2025

Manufacturing

Emerald Lake Capital Management has made an equity investment in CORE Transformers, a Seneca, South Carolina-based supplier of new and reconditioned transformers and repair solutions serving commercial, industrial, data center, and renewable energy markets. Terms were not disclosed; Emerald Lake said it will support CORE with investments in talent, technology, and inventory and pursue select acquisitions to broaden the company's service offerings and market position.

Brookfield Increases Financing to PosiGen, Bringing Total Support to $400 Million

May 28, 2024

Energy

PosiGen received an additional $150 million commitment from a direct lending infrastructure fund managed by Brookfield Asset Management, bringing Brookfield's total funding commitment to $400 million. The growth capital injection provides working capital to scale PosiGen's residential solar and energy-efficiency programs for underserved U.S. homeowners.