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True Green Capital Management LLC
http://truegreencapital.com/Last activity: 09.09.2024
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True Green Capital Management LLC (“TGC”) is a specialized energy infrastructure asset management firm based in Westport, Connecticut with several private equity funds under management. TGC has invested into a distributed solar power generation portfolio across nine states including Vermont, Massachusetts, Rhode Island, Connecticut, New York, New Jersey, Tennessee, Idaho and California. The firm was founded in July 2011 and is led by a team of investment professionals with a proven investment track record and a demonstrated capacity to originate, finance, construct and operate distributed power generation investments.
TGC is currently focused on the approximately $2 trillion distributed power generation market with an emphasis on the sub utility scale solar power segment. Thanks to rapid advancements in technology, the cost of distributed power generation, including solar, is now on par with traditional electricity generation sources and in many U.S. states it represents one of the few sources of new power generation infrastructure that can be added to the power network quickly, reliably and cost efficiently. TGC believes the continued increase of power prices and decreasing entry costs of distributed power generation technology will continue to lead to compelling investment opportunities which provide a stable cash flow stream with little to no correlation to the broader markets.
TGC is currently focused on the approximately $2 trillion distributed power generation market with an emphasis on the sub utility scale solar power segment. Thanks to rapid advancements in technology, the cost of distributed power generation, including solar, is now on par with traditional electricity generation sources and in many U.S. states it represents one of the few sources of new power generation infrastructure that can be added to the power network quickly, reliably and cost efficiently. TGC believes the continued increase of power prices and decreasing entry costs of distributed power generation technology will continue to lead to compelling investment opportunities which provide a stable cash flow stream with little to no correlation to the broader markets.
Location: United States, Connecticut, Westport
Employees: 11-50
Total raised: $350M
Founded date: 2011
Funding Rounds 1
| Date | Series | Amount | Investors |
| 13.08.2017 | - | $350M | - |
Mentions in press and media 11
| Date | Title | Description |
| 09.09.2024 | True Green Capital Management appoints Gareth Miller, ex CEO of Cornwall Insight, to the board of Clean Energy Capital | WESTPORT, Conn., Sept. 9, 2024 /PRNewswire/ -- True Green Capital Management LLC ("TGC" or the "Firm"), a leading investment firm in the renewable energy sector focused on distributed generation infrastructure investment... |
| 23.04.2024 | True Green Capital Management and Qcells Partner to Install up to 450MW of Solar Across America | WESTPORT, Conn., April 23, 2024 /PRNewswire/ -- True Green Capital Management (TGC), a specialized renewable energy infrastructure private equity firm, announced today that it has signed a partnership agreement with Qcells, a global leader ... |
| 07.06.2022 | C&I solar investor True Green Capital raises US$660m for new fund | Commercial and industrial (C&I) solar investor True Green Capital Management (TGC) has closed a US$660 million fundraiser for its latest fund. |
| 12.01.2022 | Standard Solar expands Idaho portfolio with 28.5 MW commercial solar project | Standard Solar expands Idaho portfolio with 28.5 MW commercial solar project By SB Staff January 12, 2022 View Profile Standard Solar has acquired a fully operational 28.5 MW solar project from funds managed by True Green Capital Management... |
| 07.01.2021 | Hunt Military Communities adding another 2.8-MW of solar PV at Scott Air Force Base in Illinois | Hunt Military Communities adding another 2.8-MW of solar PV at Scott Air Force Base in Illinois By Chris Crowell January 7, 2021 View Profile Hunt Military Communities (HMC), the largest U.S. military housing owner, is building on its renew... |
| 05.10.2017 | True Green fuels $140 million deal, keeping the Big Mo on their side | As the baseball playoffs start in earnest today, it’s the time of year fans everywhere hope their team has the “Big Mo” – the large-scale momentum necessary to carry them to a World Series win (this year, it’s the Cleveland Indians). In sol... |
| 05.10.2017 | SunPower and True Green Capital Management Launch $140M Fund | Energy company SunPower (NASDAQ: SPWR) and energy infrastructure asset management firm True Green Capital Management have teamed up to establish a $140m portfolio. The fund is expected to finance approximately 50 megawatts of SunPower solar... |
| 13.08.2017 | True Green Capital Raises $350M for Third Fund | True Green Capital Management LLC, an institutional asset manager specializing in distributed power generation, with a current focus on commercial photovoltaic solar, announced it has closed its latest discretionary fund, True Green Capital... |
| 11.08.2017 | True Green Capital Management Successfully Closes Latest Fund Reaching Hard Cap Of $350 Million | True Green Capital Management LLC (“TGC”), an institutional asset manager specializing in distributed power generation, with a current focus on commercial photovoltaic solar, announced it has closed its latest discretionary fund, True Green... |
| 10.08.2017 | True Green Raises $350 Million for Commercial, Industrial Solar True Green Raises $350 Million for Commercial, Industrial Solar | (Bloomberg) -- True Green Capital Management LLC, an infrastructure asset management firm with more than $500 million under management, raised $350 million for commercial and industrial solar investments. The Westport, Connecticut-based ass... |
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