Fortistar and Energy Innovation Capital Invest in Pellucere Technologies
Summary
"We are excited to fund a high-growth company that is deploying proven solutions to key sustainability challenges by significantly improving the performance of existing and future solar installations," said Nadeem Nisar, Managing Director of Fortistar. "Pellucere has exceeded our technical performance expectations and we are glad to have Fortistars strong operations-focused team recognize and join in the execution of the companys growth plans," said George Coyle, Managing Partner at EIC. Founded in 1993, Fortistar is a privately-owned investment firm that provides capital to build, grow and manage companies that address complex sustainability challenges. Fortistar utilizes its capital, flexibility and operating expertise to grow high-performing companies, first in power generation and now in mobility, carbon capture, the circular economy and other solutions that drive our transition to a zero-carbon future. EICs team leverages our industry expertise, networks and collaborative approach to help talented entrepreneurs push the boundaries of whats possible and build great companies.