Toward-ZeroTM: Energy Transition and Sustainability
With the TCP I portfolio established, and poised for growth and eventual exit in the years ahead, Turnbridge has resumed its evaluation of new investments. Toward-ZeroTM refers to the firm’s Energy Transition and Sustainability initiative, in which Turnbridge seeks to invest in differentiated companies that provide service or product solutions that enable safe, reliable, low-cost, and low-carbon energy and power supply.
In terms of size, Turnbridge is currently considering opportunities involving as small in scale as $5 million to $10 million of initial capital, and up to $50 million of total capital. The firm is in regular, active dialogue with institutional and individual partners who are interested in providing capital toward this mandate on established terms, as this deal-by-deal framework leverages the significant prior experience of its principals.