Corran Capital

Overview

Corran Capital is an Edinburgh-based private equity firm specializing in scaling clean energy and environmental businesses. The firm focuses on innovative companies and projects in areas such as clean energy, energy efficiency, renewable heat, recycling, resource efficiency, water, waste water, transport, electric vehicles, oil & gas transition, specialist consultancies, and developers. Their investment strategy targets growth-stage companies that have moved beyond the start-up phase, demonstrating strong commercial progress and addressing significant market opportunities. Corran Capital typically invests between £5 million and £40 million in each new venture, aiming to accelerate growth and maximize potential. The firm manages £160 million of capital from institutional and corporate investors and has invested in sector-leading renewable energy platforms like Renewco Power and Vital Energi. In March 2024, Corran Capital raised £80 million for its second fund, Corran II, dedicated to investments in clean energy and climate-focused companies throughout the UK. A portion of this funding was used to acquire a 30% stake in Vital Energi, a UK-based heat infrastructure and energy efficiency business. This investment is expected to enable Vital Energi to rapidly scale as an owner and operator of low-carbon heat networks, targeting new markets and expanding into adjacent technologies such as solar, battery and heat storage, and electric vehicle charging. The firm works closely with companies that are through the start-up phase, demonstrating strong commercial progress and addressing significant market opportunities. Corran Capital's flexible deal structuring enables them to address the aspirations of management and other shareholders, providing the most appropriate form of capital to each business. The firm is focused on UK-based companies operating nationally and internationally, targeting strong financial returns from businesses that also show a commitment to improve their impact on the environment and society. Corran Capital's team includes founding partners Gary Le Sueur and Derrick Allan, who have extensive experience in growth equity and infrastructure investment. They are joined by partners Lucy Graham and Andy Low, who bring additional expertise in private equity and leveraged debt. The firm's leadership is further supported by senior associate Tendai Zulu and chief operations officer Holly Buckley. Compliance advisor Alasdair Robinson provides legal and compliance oversight. Through its investments and strategic support, Corran Capital aims to accelerate the transition to a low-carbon economy and support the growth of sustainable businesses across the UK.

Investment Focus

• Companies in clean energy and environmental sectors
• Growth-stage companies with strong commercial progress
• Businesses addressing significant market opportunities
• Companies committed to improving environmental and societal impact

Portfolio Companies