Ara Partners is an investment firm focused on industrial decarbonization, targeting ventures in energy efficiency, renewable energy, industrial process electrification, waste management, and sustainable chemicals. It provides growth capital and strategic support to help portfolio companies expand and improve environmental performance across industrial and manufacturing, chemicals and materials, energy efficiency and fuels, and food and agriculture sectors. Founded in 2017 and based in Houston, the firm has offices in Boston, Washington, D.C., and Dublin, and pursues opportunities that build and scale enterprises with meaningful decarbonization impact.
Co-Founder, Managing Partner and Member of Investment Committee
Past deals in Utilities
Utility Global
Series C in 2024
Utility Global, Inc. is a technology company based in Provo, Utah, founded in 2018. It specializes in the design and development of innovative solutions for manufacturing, sensing, control, and nanotechnology, with a focus on its proprietary gas production technology known as eXERO™. This technology features a unique reactor that converts variable industrial process gases into high-purity hydrogen and a concentrated CO2 stream, facilitating on-site carbon capture without requiring electricity. The hydrogen produced can be utilized as a replacement for coke in steelmaking, while the high purity of the CO2 stream simplifies and reduces the costs associated with carbon capture. Through its advancements, Utility Global aims to contribute to a low-carbon future and support the decarbonization of the steel industry.
Utility Global
Series B in 2022
Utility Global, Inc. is a technology company based in Provo, Utah, founded in 2018. It specializes in the design and development of innovative solutions for manufacturing, sensing, control, and nanotechnology, with a focus on its proprietary gas production technology known as eXERO™. This technology features a unique reactor that converts variable industrial process gases into high-purity hydrogen and a concentrated CO2 stream, facilitating on-site carbon capture without requiring electricity. The hydrogen produced can be utilized as a replacement for coke in steelmaking, while the high purity of the CO2 stream simplifies and reduces the costs associated with carbon capture. Through its advancements, Utility Global aims to contribute to a low-carbon future and support the decarbonization of the steel industry.
Anesco
Acquisition in 2021
Anesco is a national company specializing in energy services aimed at reducing carbon emissions for businesses, local authorities, housing associations, and homeowners. The company offers a range of services, including energy audits, project recommendations, and installations, as well as capital funding plans to facilitate the adoption of energy efficiency measures. Anesco's expert team has successfully managed some of the UK's largest and most complex energy efficiency projects. With a focus on renewable energy, the company has deployed technologies that generate over 1GW of renewable energy. As a managing agent for the ECO 4 scheme, Anesco supports stakeholders in installing energy efficiency and renewable measures while minimizing the need for upfront capital investment.
Centric Gas Services
Acquisition in 2018
Centric Gas Services is a Gas utilities service.
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