Hull Street Energy

Overview

Hull Street Energy is a private equity firm specializing in deploying capital into the power sector as it decarbonizes. The firm leverages its decades of experience and unique knowledge of North American electricity infrastructure, including fuel inputs, commodity contract structuring, renewable and fossil-powered generation assets, energy storage, transmission and distribution systems, and electricity demand-side businesses to build value for stakeholders. The organization is led by Sarah Wright, Michael Booth, Mark Orman, Matthew Willis, and Edward Quinn, a team of investment and power industry professionals who worked together for over two decades at leading energy-focused institutions, including Goldman Sachs and Constellation Energy Group. Hull Street Energy invests in middle-market energy companies that are strategically positioned to thrive as the North American grid transitions to a more sustainable footprint. The firm's investment approach is differentiated by a rigorous application of fundamental analysis, transaction structuring skills, quantitative valuation methods, deep operating expertise, proven risk management techniques, and capital markets knowledge to achieve attractive risk-adjusted returns for its stakeholders. Hull Street Energy takes a holistic approach to investing in grid modernization, focusing on renewable resources, critical thermal power plants, energy storage technologies, demand-side businesses, and related services. Since its inception, Hull Street Energy has raised over $5.0 billion in equity and debt capital. The firm has led the optimization of over 4 gigawatts of operating renewable and gas-fired power generation assets, advanced the development of approximately 10 gigawatts of new renewable, gas-fired, and storage resources, and played a pivotal role in growing several critical power grid service businesses. Notable investments include the acquisition of the Waterbury Generation facility in Connecticut, which provides 96 megawatts of flexible, fast-start natural gas power generation capacity to the New England region. Additionally, Hull Street Energy has made strategic growth investments in companies like Greenskies Clean Focus, a fully integrated platform that originates, designs, constructs, finances, owns, and maintains distributed generation projects. These investments underscore Hull Street Energy's commitment to supporting the decarbonization and electrification of the North American power sector. Hull Street Energy's team comprises experienced professionals with a deep understanding of the power sector and a proven track record in executing successful investments. They have a broad network of industry relationships and strategic partnerships that facilitate their investment efforts. The firm focuses on investing in assets that benefit from regulated or long-term contracted revenues, providing stability and predictability to its portfolio. Hull Street Energy takes a long-term view on its investments and is committed to responsible and sustainable practices in the energy industry. Overall, Hull Street Energy stands out as a reputable private equity firm that plays a significant role in the North American power sector, actively managing and optimizing power assets to create value and drive growth.

Investment Focus

• Middle-market energy companies
• Assets benefiting from regulated or long-term contracted revenues
• Opportunities supporting decarbonization and electrification of the power sector

Portfolio Companies