Lancium
Private Equity Round in 2024
Lancium Technologies Corp. is a technology company based in Houston, Texas, focused on enhancing the growth of renewable energy through innovative computing solutions. The company specializes in building and operating data centers that directly connect to renewable power sources, such as solar and wind energy. By utilizing distributed parallel computing, Lancium addresses the challenges of over-generation caused by the intermittency of renewable energy sources. Its advanced scheduling and orchestration system helps alleviate grid congestion and supports the decarbonization of the electrical grid. This system enables large, flexible power users to dynamically adjust their energy consumption based on real-time power prices and grid conditions, ultimately providing low-cost clean power for energy-intensive applications.
Power Grid Components
Acquisition in 2023
Power Grid Components is a supplier specializing in high-quality porcelain and glass insulators, as well as instrument transformers designed for revenue metering and protective relaying. The company serves electric utilities, original equipment manufacturers, and other entities involved in supporting the electric power grid. Founded by industry expert Rick McClure and Shorehill Capital LLC, Power Grid Components focuses on acquiring companies that manufacture and supply essential products for the North American electric power grid. In addition to insulators and transformers, the company also offers hook stick disconnect switches, aiding clients in managing and monitoring power flows effectively.
Energy Exemplar
Acquisition in 2023
Energy Exemplar, established in 2006 and headquartered in North Adelaide, Australia, specializes in developing and marketing PLEXOS, a leading integrated energy market simulation and modeling software suite. PLEXOS caters to a global client base, with over 90% of revenue generated internationally, serving energy market participants, system planners, investors, regulators, consultants, and analysts. The platform offers comprehensive modeling capabilities for electric power, gas, water, and renewables, supporting capacity expansion planning, production cost modeling, market analysis, transmission constraint analysis, portfolio optimization, operational planning, and risk management. Energy Exemplar also provides related services, including software support and dataset services.
American Electric Power Company
Post in 2023
American Electric Power Company, Inc. is a major electric public utility holding company based in Columbus, Ohio, that engages in the generation, transmission, and distribution of electricity across 11 states, serving over 5 million customers. The company operates through various segments, including Vertically Integrated Utilities and Transmission and Distribution Utilities. American Electric Power generates electricity from a diverse mix of sources, including coal, natural gas, nuclear, and renewable energy such as wind and solar. It also supplies wholesale electricity to other utilities, rural cooperatives, and municipalities. In addition to its core electric services, the company maintains a substantial infrastructure, including railcars and barges for coal transport, and actively invests in renewable energy initiatives to enhance its energy portfolio and minimize environmental impact. Founded in 1906, American Electric Power emphasizes reliability and sustainability in its operations and community engagement.
Sabre Industries
Acquisition in 2021
Sabre Industries specializes in the design and manufacture of highly engineered structures and mission-critical products for the electric transmission and distribution, wireless communications, renewable energy, and government and defense sectors. The company produces overhead steel poles, towers, utility transmission structures, and battery storage solutions, as well as wireless and small cell towers. In addition to its product offerings, Sabre Industries provides essential services such as engineering, design, testing, and inspection, which support the development, expansion, and maintenance of power delivery systems and wireless communication networks. Through its comprehensive range of products and services, the company aims to enhance and modernize infrastructure critical to its clients' operations.
Fisterra Energy
Private Equity Round in 2013
Fisterra Energy is an energy company that specializes in developing, financing, constructing, and operating large-scale independent power projects. The company primarily targets markets experiencing capacity or transmission shortfalls, focusing on regions in Latin America, Europe, and the Middle East. Fisterra seeks to leverage its management team's extensive experience in identifying and developing power projects while also utilizing the expertise of Blackstone, which is known for its active involvement in the energy sector. Additionally, Fisterra is engaged in energy infrastructure investments, specializing in both conventional and renewable energy generation, and manages electricity and gas supply companies that operate in wholesale and retail energy markets.