Craton Equity Partners wraps up $191.5M cleantech fund

Los Angeles, Calif.-based Craton Equity Partners announced on Wednesday that it had finalized the third and final closing of its $191.5 million cleantech fund. The firm plans on investing in small, undercapitalized companies with robust emerging growth prospects; the sectors it will target include: renewable energy, alternative fuels, green building, water remediation and solid waste reduction and conversion technologies.

Craton’s team includes several heavy-hitters, including former Kohlberg Kravis Roberts CFO John Gerson and well-known actor and… Continue Reading

EnLink Geoenergy raises $30M for geothermal heat pump installations

EnLink Geoenergy raises $30M for geothermal heat pump installations

Houston, Texas-based EnLink Geoenergy Services is tapping into investors’ growing appetite for geothermal energy to ramp up its development of geothermal heat pump (GHP) installations for residential, commercial and institutional settings.

EnLink, which was founded in 1995, has developed over 75 projects in 14 states — the majority of which, 69 percent, are in schools. GHP systems, which have been in use for over half a century, have been installed in more than 750,000 buildings in… Continue Reading