Building on the success of its first fund, Energize intends to invest in digital solutions with proven potential to optimize energy, critical infrastructure and sustainable industries. The firm will continue to provide financial, operational and commercial support to back the leading entrepreneurs in the energy transition.
Digital technologies will play an important role in the energy transition. Investing in these technologies requires domain expertise to succeed, and the market is reliant on investors like Energize to signal and capitalize the expected winners at this pivotal intersection.
In its debut fund, Energize deployed $165 million into 14 software-based companies serving energy and critical infrastructure sectors. With roughly 70 percent of its $330 million coming from institutional investors or family offices, Energize’s second fund will access a broader pool of capital to continue to identify and support entrepreneurs accelerating the energy transition.
Similarly to Fund I, the focus of Fund II is scaling and commercializing cutting-edge technologies and software across renewable energy, mobility, cybersecurity, battery storage, critical infrastructure and climate resiliency. Today, Energize manages more than $700 million of committed capital from a diversified set of institutional, ESG-focused, strategic and family office investors. Alongside anchor investors such as Invenergy, CDPQ, SE Ventures (the corporate venture arm of Schneider Electric), GE Renewable Energy, and Hannon Armstrong, Fund II includes Credit Suisse, Xcel Energy, American Electric Power and Equinor, among other limited partners.
