Case Studies


Powerphase’s Growth Equity Financing, Led by Energy Impact Partners

TRANSACTION OVERVIEW

  •  On June 15, 2017, Powerphase LLC (“Powerphase”)
    announced it had closed the initial funding of a growth
    capital raise, led by Energy Impact Partners

POWERPHASE OVERVIEW

  • Jupiter, FL based Powerphase is a global leader in
    combustion turbine technologies with more than 80
    patents pending globally
  • Powerphase has developed and commercialized an
    advanced modular gas turbine technology, Turbophase,
    which utilizes an air-injection system to cost-effectively
    improve output, fuel efficiency, flexibility and performance
    of gas-fired turbines
  • Powerphase has a proven management team with
    leading expertise in gas turbine design and a deep
    industry network

INVESTORS OVERVIEW

  • Energy Impact Partners is a collaborative, strategic
    investment firm that invests in companies optimizing
    energy consumption and improving sustainable energy
    generation
  • ClearSky, a venture capital/growth equity firm founded
    in 2012, invested in Powerphase through its Power &
    Technology Fund
  • Xcel Energy (NYSE: XEL) provides the energy that powers
    millions of homes and businesses across eight Western
    and Midwestern US states

GREENTECH’S ROLE

  • Greentech served as placement agent for
    Powerphase and was closely involved in
    all aspects of the transaction, including
    structuring, valuation, due diligence
    and negotiation
  • Greentech’s connectivity to large energy
    incumbents and knowledge of the dynamic
    energy landscape and current market
    trends provided a unique perspective to
    the Powerphase team throughout the
    capital raise process

WHAT THE TRANSACTION
MEANS FOR THE GAS POWER
GENERATION SECTOR

  • Natural gas power generation is increasing
    at record rates globally, creating an
    attractive market for turbine enhancements,
    and Powerphase’s groundbreaking,
    patented air efficiency technologies are
    leading the way in innovation
  • Powerphase’s patented Turbophase
    system results in greater profits for
    electricity generators through reduced
    capital costs, increased revenue and
    meaningful fuel savings
  • Powerphase will utilize the investment to
    drive geographic expansion and accelerate
    deployment of the company’s Turbophase
    product through expanded strategic
    partner relationships

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