True Green Capital Management LLC

Overview

True Green Capital Management LLC (TGC) is a specialized renewable energy infrastructure private equity firm headquartered in Westport, Connecticut. Founded in July 2011, TGC focuses on distributed power generation, particularly in sub-utility scale solar projects, across the United States and Europe. The firm has developed a robust portfolio of solar assets, emphasizing projects that deliver stable cash flows with low correlation to broader markets. TGC's investment strategy leverages favorable regulatory environments and technological advancements to capitalize on the growing demand for clean energy solutions. The firm has invested in distributed solar power generation portfolios across multiple U.S. states, the United Kingdom, and France. In June 2022, TGC announced the final close of its fourth fund, True Green Capital Fund IV, securing $660 million in capital commitments, exceeding its initial $500 million target. The firm's team comprises professionals with a proven track record and demonstrated capacity to originate, finance, construct, and operate distributed renewable power generation projects at an institutional scale. TGC believes the continued increase in power prices and decreasing entry costs of distributed power generation technology will lead to compelling investment opportunities that provide stable cash flow streams with low correlation to broader markets.

Investment Focus

• Focus on distributed power generation projects
• Emphasis on sub-utility scale solar projects
• Targeting stable cash flows with low correlation to broader markets
• Investments in the United States and Europe
• Preference for projects with favorable regulatory environments and technological advancements

Portfolio Companies