The Latest News About Fairlead's Success Stories
Fairlead Advisors Facilitates Successful Sale of Product Insight
We are pleased to announce that Fairlead Advisors provided strategic financial advisory services for the successful sale of Product Insight, a consultancy focused on improving operational efficiency through labor-centered product development. About Product InsightProduct Insight has built a strong reputation for delivering high-impact solutions that improve the productivity of workers across various industries. The firm’s…
Singrobo hydropower plant wins Power Deal of the Year award
The 44 MW Singrobo hydropower plant in Côte d’Ivoire, which was supported by the African Development Bank, won the Power Deal of the Year award at the IJGlobal Awards. Singrobo (also called Singrobo-Ahouaty) was the first hydropower IPP and private sector-funded climate action investment to reach financial close in West Africa, in December 2022. The…
Power & Digital Infrastructure Acquisition II Corp. (XPDB) Announces Closing of Business Combination with Montana Technologies LLC
Total Capital Commitments Exceeded $50 Million Target Minimum Cash Condition, Led by Carrier, GE Vernova and Rice Investment Group, Providing All Funding Required to Commercialize AirJoule® Combination to Fuel Launch of Recently Announced Joint Venture Between GE Vernova and Montana Technologies to Commercialize AirJoule® Technology for Atmospheric Water Generation and Carrier Air Conditioning Products Montana Technologies Corporation Will Commence Trading on NASDAQ Under the…
Mary Day’s Reflections on Working at Fairlead
In a few weeks, Mary Day will begin reducing her workload with the goal of fully retiring in the not-too-distant future. But before she gets distracted by future adventures, we sat down with Mary to capture what she’s learned during her tenure with Fairlead. A Decade as a Consulting Controller—Key Takeaways for Investors Before delving…
Team Member Spotlight – Carolina Andrés’
Introducing Fairlead Advisor’s newest team member, Carolina Andrés! Hailing from Portugal with an 11-year professional journey spanning Slovakia and Portugal, Carolina’s expertise lies in shared service center operations. What she finds most rewarding is embracing challenges and tackling unconventional projects. With fluency in Portuguese, English, and Spanish, Carolina effortlessly bridges cultural gaps in her work.…
Case Study: Survival Sprint – A Startup Manufacturer’s Race to Fundraise
Several years ago, a venture-stage company that we’ll call ACME Metals built a commercial-scale manufacturing plant to produce a substance used by high-end computers and cell phones, using an innovative production process ACME had previously developed. When it engaged Fairlead, ACME was already successfully producing several grades of its product, attracting customer interest and competitors’…
Case Study: Fairlead advises breakthrough computer vision company Nirenberg Neuroscience on its 2022 acquisition by a U.S.-based tech giant.
Fairlead advises breakthrough computer vision company Nirenberg Neuroscience on its 2022 acquisition by a U.S.-based tech giant. Fairlead provided strategic planning, executive management, and accounting services to Nirenberg Neuroscience (NN), a computer-vision-focused AI company based in New York City. Fairlead supported NN from the company’s initial seed-stage financing until a prominent California-based tech giant acquired…
KLX Energy Services Completes Acquisition of Greene’s Energy Group in a Deleveraging, Accretive All-Stock Transaction, Adding Scope and Scale to its Southwest Segment
HOUSTON, March 8, 2023 KLX Energy Services Holdings, Inc. (NASDAQ: KLXE), (“KLX” or the “Company”) announced today it has acquired all of the equity interests of Greene’s Energy Group, LLC (“Greene’s”), including $1.7 million in cash remaining with Greene’s, in an all-stock transaction. The total consideration for the acquisition consisted of the issuance of approximately 2.4 million shares…
GRP Holdco Monetizes $82.5 million of Production Tax Credits for 116 MW of Biomass Projects in Georgia
Mar 07, 2023, 10:00 ET NEW YORK, March 7, 2023 /PRNewswire/ — Today, GRP Holdco, LLC (“GRP”), the owner of two operating biomass projects (the “Projects”) in Georgia, is pleased to announce the recent closing of a $82.5 million tax equity financing from Greenprint Capital Management, LLC (“Greenprint”). The financing enables GRP to monetize production tax credits generated by the…
Lighthouse Guild and Bionic Sight Announce Partnership to Expand Treatment Options for People Who Are Blind
Lighthouse Guild, the leading not-for-profit vision and healthcare organization, and Bionic Sight, the developer of treatments and technologies for advanced stage blindness, announced today that they are entering into a partnership that will change the landscape of treatment for people who are blind. Bionic Sight’s technology focuses on restoring sight to patients with advanced stage…
Vauban Infrastructure Partners announces the signing of an agreement for the acquisition of a leading district energy platform located in the United States
Vauban Infrastructure Partners (“Vauban”) announced today that on December 30, 2021, it entered into a definitive agreement to acquire the entire stake in DB Energy Assets, LLC (“DBEA”) and Beacon Energy Holdings LLC (“Detroit Thermal”) (together, the “Company”), which collectively own a portfolio of eight district cooling and heating systems across the Northeast and Michigan,…
Ambri secures $144 million for liquid metal battery commercialization
Ambri Inc., an MIT-spinoff long-duration battery energy storage system developer, secured $144 million in funding to advance calcium-antimony liquid metal battery chemistry. The investment round was led by Reliance New Energy Solar Ltd, a unit of Reliance Industries Limited; Paulson & Co. Inc., a group that includes Ambri’s largest shareholder, Bill Gates; and new investors,…
Bentley Systems Announces Acquisition of sensemetrics
April 29, 2021 05:48 PM Eastern Daylight Time EXTON, Pa.–(BUSINESS WIRE)–Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced its acquisitions of sensemetrics (agreement executed) and Vista Data Vision (closed), leading providers of software for Internet of Things (IoT) applications used extensively in infrastructure. sensemetrics and Vista Data Vision will expand the scope of…
U.S. Silica to Acquire Regional Frac Sand Producer Cadre Services Inc. for $98 million
FREDERICK, Md.—July 16, 2014– U.S. Silica Holdings, Inc. (NYSE: SLCA) today announced that it has signed a stock purchase agreement to acquire all of the outstanding shares of Cadre Services Inc., a leading regional sand mining Company based in Voca, Texas, for approximately $98 million in cash. Closing is expected by the end of the…
Novus Energy sells biomass plant to WRZ Hörger
An affiliate of Novus Energy GmbH, a client of Fairlead Advisors, sold its CHP biomass plant in Herbrechtingen, Baden-Württemberg, to the local waste disposal company WRZ Hörger from Sontheim, Germany. The transaction was closed on December 6, 2016. The parties agreed to keep the purchase price confidential. The sale of the plant is part of…
Bionic Sight enters into Collaboration Agreement
Bionic Sight LLC, a client of Fairlead Advisors, has entered into a strategic collaboration with Applied Genetic Technologies Corporation (Nasdaq:AGTC). Fairlead supported Bionic Sight during the negotiation process.
Veolia Completes the Sale of Its District Energy Assets in the United States for USD 1.25 Billion to Antin Infrastructure Partners
Veolia (Paris:VIE) regularly reviews its asset portfolio in the light of its strategy and development plan. This review reinforces the capacity and flexibility of the Group to position itself on the best growth opportunities, where Veolia can bring the most added value, and in coherence with the next strategic plan to be presented early 2020.…
Luminoso Secures $10 Million in Series B Financing Led By DVI Equity Partners
DECEMBER 06, 2018 Luminoso, the natural language company that provides AI-powered customer insights, today announced the closing of a $10 million Series B funding round led by DVI Equity Partners. Also joining the round are Liberty Global Ventures, DF Enterprises, Raptor Holdco, Acadia Woods Partners, and Accord Ventures, among others, many of whom participated in…
Ford Targets Fully Autonomous Vehicle for Ride Sharing in 2021; Invests in New Tech Companies, Doubles Silicon Valley Team
PALO ALTO, Calif., Aug. 16, 2016 – Ford today announces its intent to have a high-volume, fully autonomous SAE level 4-capable vehicle in commercial operation in 2021 in a ride-hailing or ride-sharing service. To get there, the company is investing in or collaborating with four startups to enhance its autonomous vehicle development, doubling its Silicon Valley…
K.A.CARE speeds up work on ‘clean energy’ strategy
RIYADH: The King Abdullah City for Atomic and Renewable Energy (K.A.CARE) is working closely with the Ministry of Transportation, the Saudi Electricity Company (SEC), the Saudi Wildlife Authority (SWA) and the Director-General of Military Surveying to speed up work on the creation of a blueprint for the Kingdom’s renewable energy strategy. Its vision to be…
TPG Leads Equity Portion of $110M Financing for VitAg
Specialty fertilizer company VitAg Corp. said it has received equity and debt financing of more than $110 million, including an investment from TPG Capital. TPG Alternative and Renewable Technologies is leading the equity portion of the financing, with additional commitments from iron micronutrient producer Agro-Iron and industrial chemical supplier Shrieve Chemical. Beech Island, S.C.-based VitAg…
KEMET Completes Acquisition of Niotan Incorporated
GREENVILLE, S.C., Feb. 21, 2012 KEMET Corporation (NYSE: KEM), a leading manufacturer of tantalum, ceramic, aluminum, film, paper and electrolytic capacitors, announced today that it has completed its acquisition of all of the outstanding shares of Niotan Incorporated (“Niotan”), a leading manufacturer of tantalum powders, from an affiliate of Denham Capital Management LP. As previously…
Constellation Energy Purchases MXenergy
MXenergy, one of the nation’s leading suppliers of natural gas and electricity to homeowners and small businesses, announced today it has reached an agreement to be acquired by Constellation Energy (NYSE: CEG). Constellation, a major Baltimore-based energy company with over 12,000 megawatts of electric generating capacity and a large wholesale marketing business, will purchase MXenergy in an…
Detroit Thermal Attracts $50 Million For Energy System
A coalition of Detroit business, labor and government groups Tuesday announced a $50 million investment in Detroit they said would isure a long-term, cost-effective and eco-friendly supply of renewable energy from waste-derived fuel for Detroit’s core business district. Those making the announcement were Detroit Renewable Energy LLC, the new parent company of Detroit Thermal LLC,…