Portfolio

Fund

Fund I

Initial Investment

2015

Sector

Energy Transition

Status

Unrealized

Geography

North America

www.americannatural.com

American Natural owns and operates a network of multi-fuel stations and a wholesale fuel distribution business. The company's fueling stations in Western Pennsylvania and Eastern Ohio provide conventional offerings (gasoline, diesel, food, beverage, merchandise) and in some locations compressed natural gas. American Natural is developing a portfolio of other locations for continued growth.

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Fund

Fund II

Initial Investment

2017

Sector

Communications

Status

Unrealized

Geography

North America

www.crosslakefibre.ca

Crosslake Fibre is a submarine fiber-optic cable developer, owner and asset manager. Crosslake provides dark fiber, lit capacity and spectrum on its network. Crosslake is primarily focused on medium-distance routes that include submarine and terrestrial components and that are underserved by existing submarine and terrestrial fiber operators. Crosslake’s initial route was successfully completed in 2019 and links Toronto to Buffalo and New York City with diverse, low latency fiber.

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Fund

Fund II

Initial Investment

2017

Sector

Energy Transition

Status

Unrealized

Geography

North America

www.danskammerenergy.com

Danskammer Energy owns a 500 MW gas-fired power plant located near Newburgh, New York.  Danskammer is pursuing plans to repower the facility and transform it into an ultra-efficient gas plant which is expected to lower emissions, reduce gas consumption, displace less efficient units, and support anticipated future renewable generation by providing necessary, critical capacity and flexible generation.

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Fund

Fund I

Initial Investment

2014

Sector

Communications

Status

Realized

Geography

Europe

www.etixeverywhere.com

Etix Everywhere designs, builds, owns and operates highly customizable modular datacenters. Under Tiger’s ownership, Etix added twelve facilities and commenced construction of two additional locations. Etix is focused on major European markets including France, Belgium, Germany and the Nordic region as well as selected high growth emerging markets.  The company’s highly efficient datacenters derived over 90% of their total power load from renewable energy sources. In February 2020, Etix was sold to Vantage Data Centers.

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Fund

Fund III

Initial Investment

2020

Sector

Energy Transition

Status

Unrealized

Geography

Europe

www.forsaenergy.com

Forsa Energy is a UK-based independent power producer platform focused on providing flexible power solutions to support the UK’s transition to renewable energy. The company’s current portfolio of assets, located in the North of England and Scotland, is comprised of over 250 MW of highly flexible gas-fired reciprocating engines across operational, construction-ready and advanced development sites, all of which have secured 15-year capacity market contracts. Forsa Energy’s assets are called upon when intermittent renewable energy sources do not generate sufficient power during periods of high energy demand.

Back to Portfolio

Fund

Fund I

Initial Investment

2014

Sector

Energy Transition

Status

Unrealized

Geography

South America

www.fsbioenergia.com.br/en

Summit Brazil Renewables owns a controlling stake in FS which built and operates the first large-scale corn ethanol plant in Brazil. With the completion of the second plant, FS now produces 280 million gallons per year. The company has options on additional locations and will continue to add capacity in the region. Because the corn feedstock does not displace food-crops and the facility uses biomass energy, the company’s renewable fuels have one of the lowest carbon footprints of any transportation fuel produced at scale.

Back to Portfolio

Fund

Fund II

Initial Investment

2019

Sector

Energy Transition

Status

Unrealized

Geography

North America

www.granitecomfort.com

Granite Comfort is a platform company created to acquire and consolidate leading regional providers of residential heating, ventilation and air conditioning systems (“HVAC”) installation and maintenance in key U.S. metropolitan areas.  The company’s strategy is to grow revenue at each of its acquired companies by offering essential household infrastructure under a monthly recurring revenue model allowing customers to avoid large upfront expenditures and secure reliable heating and cooling.

Back to Portfolio

Fund

Fund I

Initial Investment

2014

Sector

Communications

Status

Realized

Geography

North America

www.hudsonfiber.com

Hudson Fiber Network is a metro-fiber company with a significant fiber network in New York City and New Jersey, offering high-bandwidth, low-latency networking solutions for financial, content, carrier and enterprise customers. In August 2018, Tiger completed the sale of 100% of its investment in Hudson Fiber Network to Extenet Systems.

Back to Portfolio

Fund

Fund II

Initial Investment

2018

Sector

Transportation

Status

Unrealized

Geography

North America

www.modern-aviation.com

Modern Aviation is a platform company created to acquire and consolidate fixed-based operators (“FBOs”).  Modern Aviation’s FBOs hold long-term concessions at the airports where they operate and provide hangar space, fuel and other aviation services. Modern Aviation currently owns FBOs in Colorado, Washington State and North Carolina and is acquiring and developing a national network of premium FBO properties.

Back to Portfolio

Fund

Fund I

Initial Investment

2015

Sector

Communications

Status

Unrealized

Geography

North America

www.smartskynetworks.com

SmartSky Networks is creating the first high-speed broadband, air-to-ground communications network in the U.S. to provide next generation in-flight connectivity to the aviation industry. SmartSky Networks’ patented beam forming network infrastructure design provides high bandwidth bidirectional low-latency connectivity for business and commercial aircraft using unlicensed spectrum.

Back to Portfolio

Fund

Fund II

Initial Investment

2019

Sector

Communications

Status

Unrealized

Geography

Europe

www.stelliumdc.com

Stellium Datacenters is the operator of a large datacenter campus and a fiber-optic ring in Newcastle, United Kingdom. Stellium’s facilities are purpose-built and highly power efficient with approximately 30 MW of power currently available (expandable up to 120 MW) and one of the lowest “power usage effectiveness” ratios in the UK. The facility serves as the cable landing station for two new subsea fiber cables connecting the UK with the Nordics where large internet companies increasingly locate their data centers due to renewable low-cost power and cooling. The data center and fiber ring development support economic growth and serve public and academic institutions in the Northeast of England and provide Newcastle with the potential to become a new regional hub for the digital economy in the UK.       

Back to Portfolio

Fund

Fund II

Initial Investment

2019

Sector

Communications

Status

Unrealized

Geography

North America

www.strategicvenue.com

Strategic Venue Partners (“SVP”) is a platform company that designs, builds, finances, owns and operates in-building wireless communication infrastructure solutions for venue owners and enterprise customers under long-term contracts.  SVP installs DAS, Wireless LAN, Fiber, IPTV and Public Safety systems while also generating additional revenue for its customers through Small Cell and Macro Site development.  SVP serves customers in a variety of sectors, including healthcare, hospitality, retail, education, and real estate.

Back to Portfolio

Fund

Fund I

Initial Investment

2015

Sector

Energy Transition

Status

Unrealized

Geography

North America

www.sunlightfinancial.com

Sunlight Financial partners with contractors nationwide to offer homeowners innovative, affordable financing for rooftop solar and home improvements. The company’s best in class technology platform and deep credit expertise simplifies and streamlines consumer finance, enabling its strategic partners to quickly and easily provide homeowners with simple access to financing. The company is growing rapidly and has financed over $2 billion of residential solar projects.

Back to Portfolio

Fund

Fund I

Initial Investment

2013

Sector

Transportation

Status

Unrealized

Geography

North America

www.tigercoolexpress.com

Tiger Cool Express is a leading provider of temperature-controlled intermodal transportation.  Utilizing its fleet of over 700 containers and contracts with major Class I railroads, the company provides reliable, environmentally friendly long-haul, temperature-controlled transportation to the food and beverage industry and other sectors. Tiger Cool Express intermodal shipments are approximately 3.5x more fuel-efficient than the over-the-road truck alternative which helps lower the carbon footprint of customers’ supply-chains.

 

Back to Portfolio

Fund

Fund II

Initial Investment

2017

Sector

Energy Transition

Status

Unrealized

Geography

North America

www.zenobe.co.uk

Zenobe Energy is a developer, owner and operator of battery storage assets in the UK. Zenobe provides a range of energy storage services to National Grid Electricity Transmission with grid-scale batteries as well as charging solutions for EV bus operators and other applications.

Back to Portfolio

Fund

Fund I

Initial Investment

2014

Sector

Communications

Status

Realized

Geography

Europe

www.etixeverywhere.com

Etix Everywhere designs, builds, owns and operates highly customizable modular datacenters. Under Tiger’s ownership, Etix added twelve facilities and commenced construction of two additional locations. Etix is focused on major European markets including France, Belgium, Germany and the Nordic region as well as selected high growth emerging markets.  The company’s highly efficient datacenters derived over 90% of their total power load from renewable energy sources. In February 2020, Etix was sold to Vantage Data Centers.

Back to Portfolio

Fund

Fund I

Initial Investment

2014

Sector

Communications

Status

Realized

Geography

North America

www.hudsonfiber.com

Hudson Fiber Network is a metro-fiber company with a significant fiber network in New York City and New Jersey, offering high-bandwidth, low-latency networking solutions for financial, content, carrier and enterprise customers. In August 2018, Tiger completed the sale of 100% of its investment in Hudson Fiber Network to Extenet Systems.

Back to Portfolio

Fund

Fund I

Initial Investment

2015

Sector

Energy Transition

Status

Unrealized

Geography

North America

www.americannatural.com

American Natural owns and operates a network of multi-fuel stations and a wholesale fuel distribution business. The company's fueling stations in Western Pennsylvania and Eastern Ohio provide conventional offerings (gasoline, diesel, food, beverage, merchandise) and in some locations compressed natural gas. American Natural is developing a portfolio of other locations for continued growth.

Back to Portfolio

Fund

Fund II

Initial Investment

2017

Sector

Communications

Status

Unrealized

Geography

North America

www.crosslakefibre.ca

Crosslake Fibre is a submarine fiber-optic cable developer, owner and asset manager. Crosslake provides dark fiber, lit capacity and spectrum on its network. Crosslake is primarily focused on medium-distance routes that include submarine and terrestrial components and that are underserved by existing submarine and terrestrial fiber operators. Crosslake’s initial route was successfully completed in 2019 and links Toronto to Buffalo and New York City with diverse, low latency fiber.

Back to Portfolio

Fund

Fund II

Initial Investment

2017

Sector

Energy Transition

Status

Unrealized

Geography

North America

www.danskammerenergy.com

Danskammer Energy owns a 500 MW gas-fired power plant located near Newburgh, New York.  Danskammer is pursuing plans to repower the facility and transform it into an ultra-efficient gas plant which is expected to lower emissions, reduce gas consumption, displace less efficient units, and support anticipated future renewable generation by providing necessary, critical capacity and flexible generation.

Back to Portfolio

Fund

Fund III

Initial Investment

2020

Sector

Energy Transition

Status

Unrealized

Geography

Europe

www.forsaenergy.com

Forsa Energy is a UK-based independent power producer platform focused on providing flexible power solutions to support the UK’s transition to renewable energy. The company’s current portfolio of assets, located in the North of England and Scotland, is comprised of over 250 MW of highly flexible gas-fired reciprocating engines across operational, construction-ready and advanced development sites, all of which have secured 15-year capacity market contracts. Forsa Energy’s assets are called upon when intermittent renewable energy sources do not generate sufficient power during periods of high energy demand.

Back to Portfolio

Fund

Fund I

Initial Investment

2014

Sector

Energy Transition

Status

Unrealized

Geography

South America

www.fsbioenergia.com.br/en

Summit Brazil Renewables owns a controlling stake in FS which built and operates the first large-scale corn ethanol plant in Brazil. With the completion of the second plant, FS now produces 280 million gallons per year. The company has options on additional locations and will continue to add capacity in the region. Because the corn feedstock does not displace food-crops and the facility uses biomass energy, the company’s renewable fuels have one of the lowest carbon footprints of any transportation fuel produced at scale.

Back to Portfolio

Fund

Fund II

Initial Investment

2019

Sector

Energy Transition

Status

Unrealized

Geography

North America

www.granitecomfort.com

Granite Comfort is a platform company created to acquire and consolidate leading regional providers of residential heating, ventilation and air conditioning systems (“HVAC”) installation and maintenance in key U.S. metropolitan areas.  The company’s strategy is to grow revenue at each of its acquired companies by offering essential household infrastructure under a monthly recurring revenue model allowing customers to avoid large upfront expenditures and secure reliable heating and cooling.

Back to Portfolio

Fund

Fund II

Initial Investment

2018

Sector

Transportation

Status

Unrealized

Geography

North America

www.modern-aviation.com

Modern Aviation is a platform company created to acquire and consolidate fixed-based operators (“FBOs”).  Modern Aviation’s FBOs hold long-term concessions at the airports where they operate and provide hangar space, fuel and other aviation services. Modern Aviation currently owns FBOs in Colorado, Washington State and North Carolina and is acquiring and developing a national network of premium FBO properties.

Back to Portfolio

Fund

Fund I

Initial Investment

2015

Sector

Communications

Status

Unrealized

Geography

North America

www.smartskynetworks.com

SmartSky Networks is creating the first high-speed broadband, air-to-ground communications network in the U.S. to provide next generation in-flight connectivity to the aviation industry. SmartSky Networks’ patented beam forming network infrastructure design provides high bandwidth bidirectional low-latency connectivity for business and commercial aircraft using unlicensed spectrum.

Back to Portfolio

Fund

Fund II

Initial Investment

2019

Sector

Communications

Status

Unrealized

Geography

Europe

www.stelliumdc.com

Stellium Datacenters is the operator of a large datacenter campus and a fiber-optic ring in Newcastle, United Kingdom. Stellium’s facilities are purpose-built and highly power efficient with approximately 30 MW of power currently available (expandable up to 120 MW) and one of the lowest “power usage effectiveness” ratios in the UK. The facility serves as the cable landing station for two new subsea fiber cables connecting the UK with the Nordics where large internet companies increasingly locate their data centers due to renewable low-cost power and cooling. The data center and fiber ring development support economic growth and serve public and academic institutions in the Northeast of England and provide Newcastle with the potential to become a new regional hub for the digital economy in the UK.       

Back to Portfolio

Fund

Fund II

Initial Investment

2019

Sector

Communications

Status

Unrealized

Geography

North America

www.strategicvenue.com

Strategic Venue Partners (“SVP”) is a platform company that designs, builds, finances, owns and operates in-building wireless communication infrastructure solutions for venue owners and enterprise customers under long-term contracts.  SVP installs DAS, Wireless LAN, Fiber, IPTV and Public Safety systems while also generating additional revenue for its customers through Small Cell and Macro Site development.  SVP serves customers in a variety of sectors, including healthcare, hospitality, retail, education, and real estate.

Back to Portfolio

Fund

Fund I

Initial Investment

2015

Sector

Energy Transition

Status

Unrealized

Geography

North America

www.sunlightfinancial.com

Sunlight Financial partners with contractors nationwide to offer homeowners innovative, affordable financing for rooftop solar and home improvements. The company’s best in class technology platform and deep credit expertise simplifies and streamlines consumer finance, enabling its strategic partners to quickly and easily provide homeowners with simple access to financing. The company is growing rapidly and has financed over $2 billion of residential solar projects.

Back to Portfolio

Fund

Fund I

Initial Investment

2013

Sector

Transportation

Status

Unrealized

Geography

North America

www.tigercoolexpress.com

Tiger Cool Express is a leading provider of temperature-controlled intermodal transportation.  Utilizing its fleet of over 700 containers and contracts with major Class I railroads, the company provides reliable, environmentally friendly long-haul, temperature-controlled transportation to the food and beverage industry and other sectors. Tiger Cool Express intermodal shipments are approximately 3.5x more fuel-efficient than the over-the-road truck alternative which helps lower the carbon footprint of customers’ supply-chains.

 

Back to Portfolio

Fund

Fund II

Initial Investment

2017

Sector

Energy Transition

Status

Unrealized

Geography

North America

www.zenobe.co.uk

Zenobe Energy is a developer, owner and operator of battery storage assets in the UK. Zenobe provides a range of energy storage services to National Grid Electricity Transmission with grid-scale batteries as well as charging solutions for EV bus operators and other applications.

Back to Portfolio