Congrats to our partners at Sustainable Development Capital, LLP and to General Atlantic on today's announcement. The Emigrant Partners team is proud to be aligned with you, and we look forward to the continued growth and impact that Jonathan Maxwell and his leadership have empowered at SDCL.
We're delighted to announce a minority investment from General Atlantic, a leading global growth investor, through its BeyondNetZero climate growth fund. In addition to the investment, Tony Davis, CEO of Inherent Group and a co-founder of Anchorage Capital Group, will also become a shareholder of the company and act as an advisor. Our CEO Jonathan Maxwell said: “SDCL is delighted to partner with General Atlantic’s BeyondNetZero team. We believe that resource efficiency is key to sustainability and that energy efficiency is the largest, fastest, cheapest, and cleanest source of greenhouse gas emission reductions, energy cost reductions and energy security. The world cannot reach #netzero, or beyond, without it. This is key to SDCL and BeyondNetZero’s strategies. Michael Bevan, Managing Director at General Atlantic’s BeyondNetZero, said: “We are excited to support Jonathan and the SDCL team in their mission to develop scalable net zero solutions. Energy efficiency is a critical, but too often overlooked, component of the solution set that will enable the global energy economy to transition to net-zero, and we believe this market needs both real asset capital and growth equity to power transformational change ... We look forward to helping SDCL scale its ability to provide capital solutions of all kinds to clients across the energy efficiency markets.” General Atlantic joins Emigrant Partners, a New York based investor that provided strategic capital to SDCL in 2022. Jenny Souza, CEO of Emigrant Partners said, “We are thrilled to see SDCL continue to experience impressive growth and success, while also being such a thoughtful and impactful organization. We have been tremendous believers in the SDCL leadership team and their long-term vision since we first provided strategic capital to them in 2022; we are excited to continue our partnership with the SDCL team alongside General Atlantic.” https://lnkd.in/eaj523K6
