TotalEnergies

TotalEnergies is a diversified global energy company active in oil and gas, renewables, electricity and chemicals. It explores for, produces, refines and markets hydrocarbons, and engages in gas and power trading, with a presence in more than 130 countries and around 93,000 employees. The company is expanding in low-carbon energy through renewables such as solar and wind, biofuels and energy storage, and pursues research and development to improve reliability and efficiency of energy supply, aiming to meet growing demand today and in the future while supporting the energy transition.

Edouard Bulteau

Principal

Ademidun Edosomwan

Managing Director, Emerging Markets

Your Total Fitness Shop

CEO

Girish Nadkarni

President

Florian Temime

Principal

Past deals in Utilities

VSB Group

Acquisition in 2024
VSB Holding GmbH is a renewable energy company based in Dresden, Germany, specializing in the development and installation of wind farms and solar photovoltaic power plants. Founded in 1996, the company offers a range of project development services, including wind and solar energy projects, project acquisitions, storage solutions, and repowering services. In addition to development, VSB Holding provides comprehensive energy farm management services, encompassing planning, construction, operational management, maintenance, and dismantling. The company has expanded its presence across Europe, with offices in multiple countries including France, Poland, Romania, Finland, Italy, Ireland, Greece, Croatia, and Tunisia. Formerly known as WSB Neue Energien GmbH, the company rebranded to VSB Holding GmbH in September 2016.

SN Power

Acquisition in 2024
SN Power operates as an independent power producer focused on hydropower in emerging markets. It acquires, develops, constructs, and operates renewable energy projects globally, with a multinational team supporting operations across Southeast Asia, Africa, Central America, and Europe.

HysetCo

Series A in 2024
HysetCo is an innovative hydrogen mobility start-up based in Saint-Denis, France, focused on advancing zero-emission transportation solutions. The company specializes in providing hydrogen vehicles for urban mobility and has developed a comprehensive integrated mobility solution to facilitate the transition to hydrogen. In addition to offering a network of hydrogen distribution stations, HysetCo delivers a complete turnkey solution for its clients that encompasses vehicle procurement, maintenance, repair, insurance, and training. By addressing various aspects of hydrogen mobility, HysetCo aims to support clients in adopting environmentally friendly transportation alternatives.

Total Eren

Acquisition in 2023
Total Eren is an independent power producer specializing in the development, financing, investment, construction, and operation of renewable energy projects worldwide. The company focuses on solar, hydro, and wind energy, aiming to meet the growing demand for sustainable power. With a gross capacity of 3,500 megawatts in operation or under construction, Total Eren is actively engaged in various regions, including Europe, Central and South Asia, Asia Pacific, Latin America, and Africa. By targeting markets where renewable energy presents a viable solution, Total Eren contributes to the global transition towards sustainable energy sources.

NextDecade

Post in 2023
NextDecade is a Houston-based company specializing in liquefied natural gas (LNG) development. It focuses on the construction and operation of LNG export facilities, with its flagship project being the Rio Grande LNG terminal in Brownsville, Texas. The company aims to provide reliable access to low-cost natural gas from various basins, including the Permian Basin and Eagle Ford Shale.

Adani Enterprises

Secondary Market in 2022
Adani Enterprises is a diversified conglomerate within the Adani Group focusing on building infrastructural assets and nation-building. Its portfolio spans energy generation and logistics, including coal management, solar cell and module manufacturing, and electric power generation; it also supports agri-storage infrastructure and edible oils and food products. The group extends into natural gas through Adani Total Gas and its city gas distribution networks, and into aviation infrastructure via Adani Airport Holdings. Through Adani New Industries, the company pursues green hydrogen initiatives and the production of wind turbines, solar modules, batteries and electrolyzers. Adani Green Energy and Adani Power illustrate involvement in renewable and conventional power generation, while Adani Airports and related ventures provide airport development and services. The company emphasizes infrastructure-led growth across India.

AutoGrid

Series D in 2021
AutoGrid Systems is a technology company focused on optimizing energy management through advanced data analytics. Founded in 2011 at Stanford University, AutoGrid develops a suite of flexibility management applications that help utilities, electricity retailers, renewable energy developers, and energy service providers manage distributed energy resources (DERs) in real time. By leveraging vast amounts of smart meter, sensor, and third-party data, the company's applications utilize sophisticated algorithms to monitor, predict, optimize, and control the operations of numerous assets connected to global energy networks. With a team of skilled software architects, engineers, data scientists, and energy experts, AutoGrid aims to address critical energy challenges by integrating and maximizing the potential of the energy internet, ensuring the delivery of clean, affordable, and reliable energy.

LevelTen Energy

Series C in 2021
LevelTen Energy is a Seattle-based company that operates a renewable energy transaction marketplace platform. Founded in 2016, it facilitates connections between corporate and industrial power buyers and utility-scale wind, solar, and storage projects. The platform enables these buyers to access power purchase agreements (PPAs), providing financial security through fixed-price renewables and the economic advantages of large-scale projects. LevelTen Energy equips renewable energy buyers, advisors, and sellers with tools and services to expedite better deals.

Freyr Energy

Venture Round in 2021
Freyr Energy is a solar solutions provider in India offering full-service solar rooftops, pumps, and microgrids. The company designs and installs cost-effective solar systems, provides energy generation monitoring and troubleshooting, and aims to reduce electricity bills while improving profitability for customers. Founded in 2014 by Saurabh Marda and Radhika Choudary and based in Andhra Pradesh, Freyr Energy focuses on making solar energy simple, accessible, and affordable for commercial and residential clients.

SHYFT Power Solutions

Seed Round in 2021
SHYFT Power Solutions develops an integrated hardware and software platform to monitor, manage, and control distributed energy resources from mobile and cloud interfaces. Its core offering, the SHYFT system, combines a hybrid smart meter and transfer switch to enable IoT-driven energy management that automatically transitions between the grid and backup sources. The company provides software that allows users to monitor, meter, and control power sources across sites, supporting residential, commercial, and industrial deployments. SHYFT focuses on industrial IoT and the orchestration of distributed energy resources to improve energy efficiency, resilience, and cost savings, with initiatives to expand decentralized power systems in markets with unreliable infrastructure.

Adani Enterprises

Acquisition in 2021
Adani Enterprises is a diversified conglomerate within the Adani Group focusing on building infrastructural assets and nation-building. Its portfolio spans energy generation and logistics, including coal management, solar cell and module manufacturing, and electric power generation; it also supports agri-storage infrastructure and edible oils and food products. The group extends into natural gas through Adani Total Gas and its city gas distribution networks, and into aviation infrastructure via Adani Airport Holdings. Through Adani New Industries, the company pursues green hydrogen initiatives and the production of wind turbines, solar modules, batteries and electrolyzers. Adani Green Energy and Adani Power illustrate involvement in renewable and conventional power generation, while Adani Airports and related ventures provide airport development and services. The company emphasizes infrastructure-led growth across India.

Digital Energy Solutions

Acquisition in 2020
Digital Energy Solutions is a joint venture between the BMW Group and the Viessmann Group, based in Munich, Germany. The company specializes in energy supply management services, providing a range of solutions including charging infrastructure, electricity market services, energy storage, and generation of electricity and heat. These offerings are designed to meet the needs of both private and public sector clients, supporting the transition to sustainable energy practices.

SparkMeter

Series A in 2020
SparkMeter develops smart electricity metering systems and grid management software for underserved markets. Its products include residential and commercial meters, along with software solutions that enhance grid efficiency, enable prepaid billing, and facilitate remote monitoring. Founded in 2012, SparkMeter operates from Washington D.C. and Nairobi, Kenya.

Adani Enterprises

Post in 2020
Adani Enterprises is a diversified conglomerate within the Adani Group focusing on building infrastructural assets and nation-building. Its portfolio spans energy generation and logistics, including coal management, solar cell and module manufacturing, and electric power generation; it also supports agri-storage infrastructure and edible oils and food products. The group extends into natural gas through Adani Total Gas and its city gas distribution networks, and into aviation infrastructure via Adani Airport Holdings. Through Adani New Industries, the company pursues green hydrogen initiatives and the production of wind turbines, solar modules, batteries and electrolyzers. Adani Green Energy and Adani Power illustrate involvement in renewable and conventional power generation, while Adani Airports and related ventures provide airport development and services. The company emphasizes infrastructure-led growth across India.

GridBeyond

Series B in 2020
Founded in 2007, GridBeyond specializes in smart grid optimization solutions. Its platform comprises on-site hardware, cloud-based software, hybrid battery systems, demand network, and client-facing energy portal. Utilizing machine learning technology, the platform connects, controls, and automates energy demand across various sectors such as industrial, manufacturing, metals, plastics, paper, food, transport, and logistics.

Powerhive

Series B in 2019
Powerhive Inc. is a company focused on facilitating rural electrification projects in energy access markets globally. Established in 2011 and headquartered in Berkeley, California, with an additional office in Nairobi, Kenya, Powerhive offers a suite of technology platforms designed to enhance the efficiency and effectiveness of microgrid operations. Its flagship product, Honeycomb, is a cloud-based software platform that automates account management, monitors microgrid operations remotely, and performs real-time data analytics. Other key offerings include Asali, a smart meter for off-grid applications, and SWARM, a tool for site selection and customer identification. Powerhive also provides extensive services in project development and management, covering aspects such as market feasibility studies, site selection, pilot deployments, design, customer acquisition, and on-site training. The company is committed to delivering affordable and reliable electricity to off-grid communities, enabling users to power small appliances and support income-generating activities.

LevelTen Energy

Series B in 2019
LevelTen Energy is a Seattle-based company that operates a renewable energy transaction marketplace platform. Founded in 2016, it facilitates connections between corporate and industrial power buyers and utility-scale wind, solar, and storage projects. The platform enables these buyers to access power purchase agreements (PPAs), providing financial security through fixed-price renewables and the economic advantages of large-scale projects. LevelTen Energy equips renewable energy buyers, advisors, and sellers with tools and services to expedite better deals.

PEG

Series C in 2019
PEG is an asset financing company based in Accra, Ghana, that specializes in providing affordable solar energy solutions to off-grid households in West Africa. Founded in 2013 by Hugh Whalan and Nate Heller, PEG offers a Pay As You Go financing model that enables customers to acquire solar home systems, which enhance their quality of life by providing reliable lighting, mobile phone charging, and access to appliances like radios and televisions. By facilitating the transition from traditional, polluting fuels such as kerosene to sustainable solar energy, PEG empowers its customers to invest in clean technology while reducing their ongoing energy costs. The company's operations extend to countries including Ghana, Côte d'Ivoire, and Senegal, where it addresses the energy needs of underserved communities.

PEG

Series C in 2019
PEG is an asset financing company based in Accra, Ghana, that specializes in providing affordable solar energy solutions to off-grid households in West Africa. Founded in 2013 by Hugh Whalan and Nate Heller, PEG offers a Pay As You Go financing model that enables customers to acquire solar home systems, which enhance their quality of life by providing reliable lighting, mobile phone charging, and access to appliances like radios and televisions. By facilitating the transition from traditional, polluting fuels such as kerosene to sustainable solar energy, PEG empowers its customers to invest in clean technology while reducing their ongoing energy costs. The company's operations extend to countries including Ghana, Côte d'Ivoire, and Senegal, where it addresses the energy needs of underserved communities.

G2Mobility

Acquisition in 2018
Founded in 2009 and headquartered in Paris, France, G2Mobility specializes in smart charging solutions for electric vehicles. The company offers energy management systems and provides accessible networks of charging stations, enabling clients to adopt sustainable mobility by efficiently managing charge points.

AutoGrid

Series D in 2018
AutoGrid Systems is a technology company focused on optimizing energy management through advanced data analytics. Founded in 2011 at Stanford University, AutoGrid develops a suite of flexibility management applications that help utilities, electricity retailers, renewable energy developers, and energy service providers manage distributed energy resources (DERs) in real time. By leveraging vast amounts of smart meter, sensor, and third-party data, the company's applications utilize sophisticated algorithms to monitor, predict, optimize, and control the operations of numerous assets connected to global energy networks. With a team of skilled software architects, engineers, data scientists, and energy experts, AutoGrid aims to address critical energy challenges by integrating and maximizing the potential of the energy internet, ensuring the delivery of clean, affordable, and reliable energy.

SHYFT Power Solutions

Seed Round in 2018
SHYFT Power Solutions develops an integrated hardware and software platform to monitor, manage, and control distributed energy resources from mobile and cloud interfaces. Its core offering, the SHYFT system, combines a hybrid smart meter and transfer switch to enable IoT-driven energy management that automatically transitions between the grid and backup sources. The company provides software that allows users to monitor, meter, and control power sources across sites, supporting residential, commercial, and industrial deployments. SHYFT focuses on industrial IoT and the orchestration of distributed energy resources to improve energy efficiency, resilience, and cost savings, with initiatives to expand decentralized power systems in markets with unreliable infrastructure.

Clean Energy Fuels

Post in 2018
Clean Energy Fuels is the leading provider of natural gas fuel for transportation in North America, serving over 35,000 vehicles daily at approximately 500 fueling stations across the United States and Canada. The company specializes in building and operating compressed natural gas (CNG) and liquefied natural gas (LNG) fueling stations, manufacturing CNG and LNG equipment, and developing renewable natural gas (RNG) production facilities.

Direct Energie

Acquisition in 2018
Direct Energie is a major player in the electricity and gas market, present in France and Belgium. Direct Energie provides the individuals who have, since the opening of the market in 2007, made the choice of an alternative energy supplier. Also, Direct Energie provides nearly 260,000 professional customers (craftsmen, tradesmen, freelancers) and businesses, regardless of the number of sites (SMEs, retail networks, bank branches or relay offices), as well as consumers. industrial. Moreover, Direct Energie currently supplies nearly 100,000 municipalities and communities in France. The Group is steadily strengthening its position in this customer segment with, in particular, the signing of a contract with SIPPEREC (Syndicat Intercommunal de la Périphérie de Paris for Electricity and Communication Networks), the SDEC (Syndicat Intercommunal de Paris). energies of Calvados), the Métropole de Grenoble or public institutions such as the Grand Port Maritime du Havre.

SHYFT Power Solutions

Venture Round in 2018
SHYFT Power Solutions develops an integrated hardware and software platform to monitor, manage, and control distributed energy resources from mobile and cloud interfaces. Its core offering, the SHYFT system, combines a hybrid smart meter and transfer switch to enable IoT-driven energy management that automatically transitions between the grid and backup sources. The company provides software that allows users to monitor, meter, and control power sources across sites, supporting residential, commercial, and industrial deployments. SHYFT focuses on industrial IoT and the orchestration of distributed energy resources to improve energy efficiency, resilience, and cost savings, with initiatives to expand decentralized power systems in markets with unreliable infrastructure.

Stem

Series D in 2018
Founded in 2009, Stem provides energy storage solutions and software for businesses to manage energy costs effectively. It offers Athena, a proprietary software using big data and machine learning to optimize energy usage. Stem also deploys distributed batteries in commercial buildings and sells its solutions to various industries.

PitPoint

Acquisition in 2017
PitPoint is a supplier of clean fuels that offers services for designs, finances and operates filling stations for CNG, LNG and green gas.

Lampiris

Acquisition in 2016
Lampiris N.V., founded in 2003 and based in Liège, Belgium, is an independent supplier of electricity and gas, serving both private individuals and businesses. The company has been active in the Belgian energy market since 2005 and has established itself as the third-largest supplier in the residential sector, with over a million accounts. In addition to energy supply, Lampiris offers various energy services, including insulation, furnace maintenance, and heating solutions using wood and pellets, as well as smart thermostats. As of September 2016, Lampiris operates as a subsidiary of Elf Aquitaine S.A.

AutoGrid

Series C in 2016
AutoGrid Systems is a technology company focused on optimizing energy management through advanced data analytics. Founded in 2011 at Stanford University, AutoGrid develops a suite of flexibility management applications that help utilities, electricity retailers, renewable energy developers, and energy service providers manage distributed energy resources (DERs) in real time. By leveraging vast amounts of smart meter, sensor, and third-party data, the company's applications utilize sophisticated algorithms to monitor, predict, optimize, and control the operations of numerous assets connected to global energy networks. With a team of skilled software architects, engineers, data scientists, and energy experts, AutoGrid aims to address critical energy challenges by integrating and maximizing the potential of the energy internet, ensuring the delivery of clean, affordable, and reliable energy.

Sunverge Energy

Series C in 2016
Sunverge Energy develops and operates a cloud-based platform for the aggregation and management of distributed energy resources, enabling co-optimization of generation, storage, and load. Its Sunverge Solar Integration System (SIS) and SISport load management software distribute renewable energy generation and storage and shape residential peak load. The company serves homeowners, small and medium-sized businesses, utilities, and electricity regulators. Founded in 2010, Sunverge is based in San Francisco, California, with an office in Fortitude Valley, Australia. It has strategic alliances with LG Electronics and collaborates with Eaton to advance distributed energy resources. Sunverge aims to make renewable power reliable, economical, and accessible by aligning services across the energy value chain, helping customers manage infrastructure investments, lower generation costs, increase system reliability, and meet renewable energy goals.

Powerhive

Series A in 2016
Powerhive Inc. is a company focused on facilitating rural electrification projects in energy access markets globally. Established in 2011 and headquartered in Berkeley, California, with an additional office in Nairobi, Kenya, Powerhive offers a suite of technology platforms designed to enhance the efficiency and effectiveness of microgrid operations. Its flagship product, Honeycomb, is a cloud-based software platform that automates account management, monitors microgrid operations remotely, and performs real-time data analytics. Other key offerings include Asali, a smart meter for off-grid applications, and SWARM, a tool for site selection and customer identification. Powerhive also provides extensive services in project development and management, covering aspects such as market feasibility studies, site selection, pilot deployments, design, customer acquisition, and on-site training. The company is committed to delivering affordable and reliable electricity to off-grid communities, enabling users to power small appliances and support income-generating activities.

Stem

Series C in 2015
Founded in 2009, Stem provides energy storage solutions and software for businesses to manage energy costs effectively. It offers Athena, a proprietary software using big data and machine learning to optimize energy usage. Stem also deploys distributed batteries in commercial buildings and sells its solutions to various industries.

Stem

Series B in 2015
Founded in 2009, Stem provides energy storage solutions and software for businesses to manage energy costs effectively. It offers Athena, a proprietary software using big data and machine learning to optimize energy usage. Stem also deploys distributed batteries in commercial buildings and sells its solutions to various industries.

Aquion Energy

Series E in 2014
Aquion Energy specializes in developing and commercializing innovative energy storage solutions, particularly its proprietary Aqueous Hybrid Ion (AHI™) batteries. These sodium ion batteries are designed for stationary energy storage and are notable for their environmentally friendly design, utilizing non-toxic components such as saltwater. Aquion's technology addresses the limitations of traditional energy storage systems, providing safe, reliable, and sustainable options that are non-flammable and non-explosive. By enhancing the electrical grid, Aquion's AHI systems optimize existing generation assets and facilitate the broader adoption of renewable energy technologies, thereby contributing to the reduction of reliance on fossil fuels.

Sunverge Energy

Series B in 2014
Sunverge Energy develops and operates a cloud-based platform for the aggregation and management of distributed energy resources, enabling co-optimization of generation, storage, and load. Its Sunverge Solar Integration System (SIS) and SISport load management software distribute renewable energy generation and storage and shape residential peak load. The company serves homeowners, small and medium-sized businesses, utilities, and electricity regulators. Founded in 2010, Sunverge is based in San Francisco, California, with an office in Fortitude Valley, Australia. It has strategic alliances with LG Electronics and collaborates with Eaton to advance distributed energy resources. Sunverge aims to make renewable power reliable, economical, and accessible by aligning services across the energy value chain, helping customers manage infrastructure investments, lower generation costs, increase system reliability, and meet renewable energy goals.

Wattmobile

Venture Round in 2014
Wattmobile specializes in providing electric mobility solutions tailored for professionals who travel frequently. The company offers efficient, cost-effective, and eco-friendly options for both national and local travel. Wattmobile operates as an electric vehicle rental service, offering electric scooters and cars to individuals. Notably, they have established their first scooter rental station in Marseille. In collaboration with the SNCF, Wattmobile provides self-service fleets of two and four-wheeled urban electric vehicles at major French railway stations, facilitating the last-mile travel between stations and destinations for business travelers.

EnerVault

Series B in 2012
EnerVault Corporation, established in 2008 and headquartered in Sunnyvale, California, specializes in large-scale energy storage solutions tailored for renewable energy, utility, grid, commercial, and industrial applications. The company employs patented iron-chromium redox flow battery technology, which offers a safe, reliable, and cost-effective means for customers to manage and reduce long-term energy costs. EnerVault’s systems are designed to deliver significant value through their highly configurable technology, enabling clients to maximize returns on their energy generation and distribution investments.
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