Headquarters: Vinhedo, BrazilInitial Investment: May 2016Industry Theme: LogisticsInvestment Theme: Buyout and Growth Equity
Company Overview – AGV Health & Nutrition is a market-leading, asset-light third party logistic solution provider with integrated warehousing and transportation solutions, primarily for animal and human health. The company is located in Vinhedo, Brazil (approximately 50 miles from São Paulo) and operates throughout Brazil with more than 1,200 employees. AGV is uniquely positioned in the health logistics sector, with 90% market share in outbound logistics in animal health, and the third largest supply chain services provider in the human health segment. Its network density provides most efficient and cost-effective service for deliveries nationwide.
Environmental Impact – AGV Health & Nutrition supports a more efficient protein supply chain and contributes to healthier foods, by ensuring effective delivery of key vaccines and medicines to farmers in all regions of Brazil. The less than truckload (LTL) to full truckload (FTL) freight consolidation nationwide removes trucks from road and together with an efficient fleet management, which follows strict norms of temperature and safety, reduces CO2 emissions.
Headquarters: Nashik, Maharashtra, IndiaInitial Investment: June 2018Industry Theme: Energy EfficiencyInvestment Theme: Growth Equity
Company Overview – Founded in 2005, ESDS is one of the leading Indian providers of managed data centre and cloud hosting solutions. The Company has expertise in managed data centre (DC) services, patented auto-scalable cloud solutions and disaster recovery hosting across platforms and applications. The Company holds patent (both in US and UK) for its automated vertical scaling technology that allows significant increase in DC resource utilization with no down time. The Company has strong presence across industry verticals like banking & finance, IT&ITES, telecom, healthcare, education, energy & utilities, manufacturing, travel & tourism and others.
Environmental Impact – Data Centres today consume ~3% of global energy consumption. With over 50 billion devices to be connected by 2020 and 100 billion by 2025, Data centres are expected to become one of the biggest energy consumers. ESDS, through its patented automatic vertical scaling technology, helps reduce usage of compute resources (CPU, RAM) by 20-50% without impacting the consumer experience.
Headquarters: Phoenix, Arizona, United StatesInitial Investment: June 2017Industry Theme: WasteInvestment Theme: Buyout and Growth Equity
Company Overview – Gro-Well is one of the largest green waste recycling companies in the Southwestern United States. The Company manufactures and sells soils, mulch, compost and other organic lawn and garden products to big box retailers as well as independent garden centers throughout the Western United States. From its eight plants strategically located throughout the Southwest, Gro-Well accepts sawmill waste and residue, as well as green waste and farm waste, to compost and manufacture its products. Gro-Well sells its products using a number of well-recognized brands including Nature’s Way, Arizona’s Best, Garden Time, Gro-Well and others.
Environmental Impact – By giving various waste streams a second life as consumer products, Gro-Well is able to divert approximately 320,000 tons of organic waste material out of landfills each year. This has direct climate benefits since not only a significant amount of methane and carbon emissions are avoided by keeping this material out of landfills, but Gro-Well products also promote plant growth and additional carbon sequestration. Gro-Well’s mulch products help retain rainwater in drought stricken areas of the Southwest, and more importantly lead to reduced usage of water resources by displacing more water-intensive garden landscapes such as grass lawns.
Headquarters: Curitiba, BrazilInitial Investment: December 2015Industry Theme: Sustainable housingInvestment Theme: Growth Equity
Tecverde is an innovative homebuilder located in Curitiba, Brazil that utilizes a construction system developed specifically for the Brazilian market. This unique system allows for approximately two-thirds of a home to be fabricated in an automated factory and completed with the installation of wall panels during final assembly at the home site. Tecverde’s wood-frame system delivers increased efficiency to the home construction industry by significantly reducing construction time, materials, carbon emissions and cost.
Headquarters: São Paulo, BrazilInitial Investment: July 2019Industry Theme: Energy EfficiencyInvestment Theme: Buyout and Growth Equity
Company Overview – Unicoba, is a leading energy storage solutions provider, primarily focused on Lead-Acid Batteries (Pb Batteries) and Lithium-Ion Batteries (Li Batteries). Currently with one of largest market share in the sector, Unicoba’s main strength and focus has been their distribution channels. Today, the company has substantial market share in stationary storage solutions for the telecom industry. In addition, it is uniquely positioned to take advantage of new and growing energy storage segment in Brazil, combining market experience and manufacturing expertise on a technology agnostic basis. The Company has 900 employees.
Environmental Impact – Unicoba, through its energy storage solutions, reduces hazardous waste disposal, as new batteries can last up to 10 years as opposed to current technology with average 3 years lifetime. It also improves the overall efficiency of the power grid, as storage accelerates the broader adoption of renewable energy. Development of clean energy/destruction of harmful substances. Additionally, it reduces the use of more polluting electricity generation for backups like diesel.
Headquarters: São Paulo, BrazilInitial Investment: May 2017Industry Theme: Energy efficiencyInvestment Theme: Growth Equity
Luminae is leading lighting and energy efficiency solutions provider located in São Paulo that delivers lower energy use and improved lighting to commercial and industrial customers throughout Brazil. The company develops customized lighting projects, assembles high energy efficient LED lamps, manufactures luminaires and installs the complete solution. Luminae also monitors energy usage to identify additional reduction opportunities in other areas. The company has a successful track record of over 2000 projects for more than 150 clients in 25 states of Brazil. Beyond the high lighting and energy efficiency delivered by its projects, Luminae’s solutions also contribute to significant reduction of the environmental footprint of its clients.
Headquarters: Jundiaí, BrazilInitial Investment: March 2018Industry Theme: Waste-to-energyInvestment Theme: Growth Equity
ENC Energy Brasil is a leading waste-to-energy solutions provider and owner/operator of landfill gas-to-energy plants in Brazil. ENC Energy Brasil was founded in 2012 as a subsidiary of ENC Energy Portugal, a Portuguese wasteto-energy specialist with strong global track record in LFGTE plants. The company has an operational power plant in Minas Gerais and is currently developing five additional plants in other regions of Brazil. ENC’s business model delivers increased efficiency by reducing methane emissions from landfills, which is up to 25x more pollutant than CO2, and by delivering clean energy to an ever-growing number of clients.
AGV Logística is a market-leading, third-party logistics (3PL) service provider with integrated warehousing and transportation solutions, primarily serving animal health and human health industries but also fast moving consumer goods (FMCG) industries. The company is headquartered in Vinhedo, São Paulo, and has over 2,800 employees operating throughout Brazil. AGV’s business model delivers increased efficiency by reducing fuel consumption and CO2 emissions through its Full Truckload (FTL) freight model and efficient fleet management, under strict norms of temperature and safety. AGV supports a more efficient protein supply chain and contributes to healthier food products, by ensuring effective delivery of key vaccines and medicines to farmers in all regions of Brazil.
Headquarters: Salt Lake City, Utah, United StateInitial Investment: August 2018Industry Theme: Clean EnergyInvestment Theme: Growth Equity
Company Overview – Bluesource is the leading developer and market maker of carbon credits in North America. Since it’s founding in 2001, Bluesource has been a pioneer and thought leader when it comes to carbon credit markets, providing advisory services to corporate, government and NGO clients. As an example, Bluesource would work with clients such as a forestry management company to develop and verify carbon credits associated with sustainable forestry practices and then market and sell those credits across a variety of regulatory and voluntary markets. Bluesource is one of the largest players in the California and Alberta regulatory compliance markets as well in the rapidly growing voluntary market as blue chip companies take an increasingly prominent role in helping prevent climate change. Other examples of projects that Bluesource develops for environmental attributes include landfill gas, biomass power, mine methane reduction and the destruction of ozone depleting substances.
Environmental Impact – By working with blue chip corporate customers throughout North America to develop, certify and monetize carbon credits, Bluesource plays a critical market role in helping develop and finance these environmentally sustainable practices. Bluesource also works with state and provincial governments as well as NGO’s to develop and fortify their carbon credit protocols and market regulations. As such, during FY 2018 Bluesource had a direct role in developing more than XX tons of carbon credits as well as many other environmental attributes including federal Renewable Identification Numbers (RIN’s) and California Low Carbon Fuel Standard (LCFS) credits. Bluesource was an early pioneer in the environmental attribute markets dating back to its founding in 2001 and is consistently on the forefront of developing new industry practices and technologies.
Curitiba, BrazilInitial Investment: December 2015