Our Energy & Cleantech Investments
Windlab Systems
Windlab develops wind-mapping technology which it uses to identify and develop wind farm sites. These sites (virtual wind farms) are validated and the various rights are secured (land rights/leases, grid connection agreements, environmental permits, etc) and packaged as a commercially viable wind project.PFG provided Windlab a $4 million convertible and a $3 million revolving line of credit.
Benthic Geotech
Benthic Geotech operates in the offshore geotechnical data gathering market. Oil Companies contract Benthic to operate PROD (Portable Remotely Operated Drill) on the sea floor to take samples and gather data (enabling offshore construction). PFG provided Benthic a $15 million facility available in tranches.
Comverge
Energy management via demand response and energy efficiency for residential and commercial and industrial (C&I) customers. PFG provided the company with a $15 million convertible with conversion features that allow the company to borrow up to $20 million.
Energy Connect (purchased by Johnson Controls)
GridConnect integrated demand response technology platform. PFG provided the company a $4 million accounts receivable revolving line of credit.
CTC Cable Corp. (formerly Composite Technology Corp)
Advanced composite materials and innovative design solutions that provide solutions to efficiently modernize electrical grid systems. PFG provided the company a $10 million term loan.
Valere Power (now Eltek Valere)
Develops and markets energy systems for telecom, industrial and renewable applications. PFG provided the company a $7 million line of credit.