GIC is a global investment firm established in 1981 to manage Singapore's foreign reserves. A disciplined long-term value investor, GIC is uniquely positioned for investments across a wide range of asset classes, including equities, fixed income, private equity, real estate, and infrastructure. GIC invests through funds and directly in companies, partnering with its fund managers and management teams to help world-class businesses achieve their objectives. In tech investing, GIC seeks to be a lifetime partner to the companies it invests in. GIC has investments in over 40 countries around the world. Headquartered in Singapore, GIC employs over 1,700 people across 10 offices in key financial cities worldwide.
Form Energy, Inc. specializes in the development of long-duration energy storage systems aimed at enhancing the reliability of renewable energy sources such as wind and solar. Founded in 2017 and based in Somerville, Massachusetts, the company focuses on creating low-cost battery systems, including its innovative iron-air battery technology, which allows for energy storage over extended periods. This capability enables the dispatch of renewable energy throughout the year, effectively replacing traditional fossil fuel-based generation and contributing to the decarbonization of the electric grid. Additionally, Form Energy offers Formware, a capacity expansion software tool designed to optimize energy management. The company's technological advancements are rooted in research from MIT and are supported by various investors committed to sustainable energy solutions.
Sunfire
Series E in 2024
Sunfire specializes in the development and manufacture of systems for producing renewable industrial gases and fuels, including hydrogen and syngas. These alternatives, referred to as e-Gas, e-Fuel, or e-Chemicals, serve as substitutes for fossil fuels like mineral oil and natural gas, integrating seamlessly into existing infrastructures. The company utilizes solid oxide cells for the conversion process, which can also function as generators to provide electricity and heat. Sunfire aims to make regenerative energy from sources such as wind, hydropower, and solar power available consistently, transcending the limitations of intermittent energy generation. Their innovative electrolyzers leverage both alkaline and solid oxide technologies, enabling sectors like chemical, fuel, and steel industries to effectively transition to renewable energy sources.
TagEnergy
Debt Financing in 2023
TagEnergy is a clean energy enterprise for a new cycle in the renewable energy industry. It was formed in 2019 to accelerate the energy transition by developing and investing in competitive and clean power stations in order to compete directly and actively on the energy markets. Renewables have now become the main source of energy able to provide both social responsibility and price efficiency, and we are delivering this in the countries where we have established our activity. ​TagEnergy is operated by a highly-experienced team of manager-shareholders. Its operations span the renewables value chain, from development, financing, construction and asset management of wind, solar and storage projects, to commercialisation of its competitive energy. TagEnergy has developed a portfolio of 2.7GW in the UK, Australia, Spain, Portugal and France, and intends to drive the pace of transition through projects that deliver reliable energy affordably, and at scale.
ABB E-Mobility
Venture Round in 2023
ABB E-Mobility specializes in electric vehicle charging solutions, providing both private and public charging stations. The division focuses on the development and operation of charging points equipped with features such as contactless payment options via credit card or mobile phone. ABB E-Mobility also offers remote diagnostics and software updates for its infrastructure, ensuring that clients have access to reliable and user-friendly charging technology. This commitment to innovation and convenience positions ABB E-Mobility as a key player in supporting the growing demand for electric vehicle infrastructure.
Form Energy
Series E in 2022
Form Energy, Inc. specializes in the development of long-duration energy storage systems aimed at enhancing the reliability of renewable energy sources such as wind and solar. Founded in 2017 and based in Somerville, Massachusetts, the company focuses on creating low-cost battery systems, including its innovative iron-air battery technology, which allows for energy storage over extended periods. This capability enables the dispatch of renewable energy throughout the year, effectively replacing traditional fossil fuel-based generation and contributing to the decarbonization of the electric grid. Additionally, Form Energy offers Formware, a capacity expansion software tool designed to optimize energy management. The company's technological advancements are rooted in research from MIT and are supported by various investors committed to sustainable energy solutions.
Eneus Energy
Private Equity Round in 2022
Eneus Energy Limited, founded in 2013 and based in Edinburgh, United Kingdom, specializes in the production of green ammonia using renewable electricity. The company focuses on integrating established industrial technologies to create ammonia (NH3) using only water, air, and renewable energy sources. By doing so, Eneus Energy supports the development of a green hydrogen economy, providing customers with hydrogen solutions for zero-carbon transport, power, and energy storage at a reduced cost. The company's commitment to sustainable practices positions it as a key player in the transition to renewable energy solutions.
Envision Group
Private Equity Round in 2021
Envision is a global energy internet service provider.
Arctic Green Energy
Private Equity Round in 2021
Arctic Green Energy is a developer and operator of green energy projects headquartered in Kopavogur, Iceland. The company focuses on leveraging Iceland's expertise in geothermal energy to serve emerging markets in Asia by establishing local enterprises. Its operations encompass a range of geothermal applications, including district heating, cooling, and power generation. Committed to sustainability and social responsibility, Arctic Green Energy aims to create a cleaner and healthier world through its initiatives. Additionally, the company has developed university-level programs to train the next generation of geothermal experts, reinforcing its dedication to advancing the field. As a member of the Icelandic Geothermal Cluster and the United Nations Global Compact, Arctic Green Energy strives to be a leading and profitable entity in the renewable energy sector.
Duke Energy Indiana
Private Equity Round in 2021
Duke Energy Indiana provides utility services. It generates electricity from coal, nuclear, natural gas, oil, and renewable resources, as well as renders outdoor lighting, installation, operation, and maintenance services.
FirstEnergy
Post in 2018
FirstEnergy Corp. is a diversified energy company based in Akron, Ohio, specializing in the generation, transmission, and distribution of electricity across the United States. The company operates through regulated distribution and transmission segments, utilizing a diverse mix of energy sources, including coal, nuclear, hydroelectric, natural gas, wind, and solar power. FirstEnergy manages an extensive network of infrastructure, comprising over 24,486 circuit miles of transmission lines and approximately 269,691 miles of distribution lines. It serves around six million customers across multiple states, including Ohio, Pennsylvania, West Virginia, Maryland, New Jersey, and New York. Founded in 1996, FirstEnergy aims to be a leading regional energy provider while offering various energy-related products and services to both retail and wholesale customers.
GVK Energy
Private Equity Round in 2010
GVK Energy is a prominent Indian conglomerate focused on infrastructure development, particularly in the energy sector. The company plays a vital role in enhancing economic growth and improving the well-being of the nation through its diverse interests, which also include resources, airports, transportation, hospitality, and life sciences. GVK Energy has undertaken innovative initiatives and successfully navigated various challenges to ensure the provision of reliable infrastructure. Its strength lies in its highly experienced and skilled workforce, complemented by collaborations with global infrastructure leaders, which infuse international expertise into its operations. This commitment to excellence positions GVK Energy as a key contributor to India's infrastructure landscape.
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