Headquarters: San Francisco, CA
Date of Initial Investment: 2008
http://www.recurrentenergy.com/

Recurrent Energy is a developer and owner of solar photovoltaic (“PV”) projects that operate on a Power Purchase Agreement (PPA) Model. Recurrent’s combined businesses will create value because of the way in which the predictable contracted earnings of the IPP are paired with the development company’s growth engine, providing visibility into future earnings from new projects.

Headquarters: London
Date of Initial Investment: 2008
http://www.elpower.com/

Element Power is targeted to be a leading global renewable energy independent power producer (“IPP”) with unparalled management that develops, owns and manages a portfolio of wind and solar power generation facilities world-wide.  Element Power is expected to generate superior returns in the rapidly expanding renewable energy market by focusing on the project development segment of the value chain.

Headquarters:  San Jose, CA
Date of Initial Investment: 2008
http://solopower.com/

SoloPower is an innovator of thin-film photovoltaic (PV) cells and modules. The SoloPower mission is to mass-produce PV modules for ubiquitous applications on a global scale at a cost that is 1) lower than the traditional wafer-based solar technologies, and 2) at parity with that of conventional power grid. In fulfillment of this mission, SoloPower is manufacturing and commercializing a new generation of high-efficiency, low-cost Copper-Indium-Gallium-Selenide (CIGS) based devices to enable solar electricity generation at a cost that is competitive with traditional methods.

Headquarters: Sunnyvale, CA
Date of Initial Investment: 2008
http://www.calisolar.com/

Calisolar is a vertically integrated manufacturer of solar silicon, wafers and high-performance cells that convert sunlight directly into clean, renewable energy. The company has manufacturing operations and headquarters in Sunnyvale, California; silicon purification operations at the company’s wholly-owned subsidiary 6N Silicon located in Ontario, Canada; and a state-of-the-art research and development center in Berlin, Germany. Calisolar was founded in 2006, began production in 2009 with high volume shipments in 2010. Calisolar is currently expanding capacity at both its Sunnyvale, California and Ontario facilities.

Headquarters: Madrid, Spain
Date of Initial Investment: 2008
http://w2ps.es/

Wind to Power System ("w2ps") is a creator of new power control and conversion for the wind and solar industries. The company designs, supplies and installs a device designed for use in wind turbines to provide fault ride-through capability, enabling wind turbines to maintain grid connection during periods of transmission line faults and voltage dips. Wind to Power System is expected to be a leading market player as the first to receive certification from the Spanish Government for retrofit of wind turbines in Spain.