Private equity firm Greenbelt Capital secures $1 billion for its fund focused on energy transition.
Greenbelt Capital Partners, a US-based private equity firm established in 2022, is making significant strides in the energy transition sector. Founded by Chris Manning and Glenn Jacobson, the firm has set its sights on capitalising on long-term secular shifts within the energy and infrastructure sectors.
At the helm, Chris Manning serves as the CEO and Managing Partner of Greenbelt Capital Partners. The firm's robust pipeline of opportunities allows it to evaluate a wide range of potential investments. Greenbelt's typical target investment size ranges from $50 million to $150 million, across various investment types such as private equity, late-stage, and infrastructure development.
One of Greenbelt's most notable investments is the acquisition of BRUSH Group, a leading UK-based engineering solutions provider for electrical infrastructure projects. This acquisition supports grid resilience and extension, enabling infrastructure upgrades and renewable energy integration.
Greenbelt has also successfully raised $1 billion for its inaugural fund, Greenbelt Capital Partners III (Fund III), which surpassed its initial target of $750 million. The fund supports middle-market companies driving the energy transition. Fund III attracted backing from a global pool of institutional investors, including insurance firms, foundations, pension funds, and sovereign wealth funds across North America, Europe, and Asia-Pacific.
Greenbelt's focus areas include grid modernization, power generation, digital infrastructure, industrial electrification, and energy efficiency. The firm also invests in transportation electrification, renewable and distributed generation, energy efficiency, energy storage, digitalization, sustainable fuels development, grid modernization, and traditional energy sustainability and decarbonization.
The close of Fund III increases Greenbelt's total assets under management to approximately $2.5 billion. Greenbelt's value-driven investment model and collaborative approach aim to scale commercial leaders in sectors shaping a lower-carbon, more resilient energy landscape.
Greenbelt Capital Partners continues to invest in middle-market companies advancing the energy transition, working towards a more sustainable and electrified future. With its strategic investments and focus on key areas within the energy transition sector, Greenbelt is poised to play a significant role in shaping the future of energy and infrastructure.
Greenbelt Capital Partners, driven by Chris Manning and Glenn Jacobson, is leveraging its $2.5 billion assets under management to finance the energy transition, specifically targeting investments in sectors such as grid modernization, power generation, and renewable energy integration, aiming to scale commercial leaders in a lower-carbon, more resilient energy landscape, thereby supporting decarbonization.
Fund III, Greenbelt's inaugural fund that raised $1 billion, is backing middle-market companies driving the energy transition, attracting support from a global pool of institutional investors committed to the energy transition, including insurance firms, foundations, pension funds, and sovereign wealth funds across North America, Europe, and Asia-Pacific. This investment supports the firm's mission to facilitate the energy transition and contribute to a more sustainable and electrified future.
