Industry-leading provider of wind turbine blade inspection, repair and maintenance services.
Based in Santa Cruz, California with operations across North America and internationally, Rope Partner provides highly specialised services to the wind energy industry. Over the last two decades the company has built an unrivaled reputation for quality, safety and reliability. Providing a broad range of services across a wind farm’s lifecycle, Rope Partner’s services range from inspections to complex repairs and upgrades designed to extend the life of blades and increase energy production from these renewable sources. The company currently serves more than 40 North American and international blue chip customers including every major wind OEM and the world’s largest wind power asset owners and operators.
Funds advised by Magnesium acquired Rope Partner in January 2020.
The world leader in delivering drone inspections and asset visualisation software for critical energy infrastructure.
Edinburgh-based Cyberhawk delivers high precision inspections of energy assets globally using unmanned aerial vehicles (UAVs). With international bases in Abu-Dhabi, Kuala Lumpur and Houston, Cyberhawk has flown more than 30,000 commercial missions in more than 30 countries around the world.
Through iHawk, its proprietary AI-enabled visual asset management software platform, Cyberhawk assists energy companies to digitally manage their assets enabling a number of solutions ranging from condition monitoring and 3D visualisation to monitoring site construction progress.
Funds advised by Magnesium Capital acquired Cyberhawk in March 2019.
The global leader in artificial intelligence (AI)-powered energy storage.
California-based Stem delivers innovative technology services that transform the way energy is distributed and consumed. Through its AI platform Athena , Stem powers the largest, most reliable network of energy storage systems in the world. Together, Stem’s systems form virtual power plants that earn revenue for customers while supporting a more reliable and sustainable grid. It optimises the timing of energy use and facilitates consumers’ participation in energy markets, yielding economic and societal benefits while decarbonising the grid.
Stem was announced as a Bloomberg New Energy Finance (BNEF) New Energy Pioneer 2015 winner and has subsequently gone on to win multiple additional awards.
Magnesium Capital invested in Stem in 2018 alongside other leading investors including Activate Capital, Ontario Teachers’ Pension Plan and Temasek and is helping the company enter European energy markets.
As the leading UK virtual power plant operator, Limejump provides virtual power plant services through its network of demand response, storage and smart grid assets. Using machine learning and big data technology, Limejump partners with demand and supply side participants of the energy grid. On the demand side, the company works with commercial and industrial customers to help them earn revenue by being flexible with their energy use. On the supply side, Limejump typically collaborates with small-scale energy generators to bundle flexibility that is then sold into the grid. Combined with the largest portfolio of batteries in the UK, Limejump is shaping the virtual power plant of the future.
Limejump has won multiple awards, including the prestigious Bloomberg New Energy Finance (BNEF) New Energy Pioneer 2018 award.
Magnesium Capital invested in Limejump in 2016 and 2017 alongside other investors including Passion Capital and Statkraft Ventures.
Limejump was acquired by Shell New Energies in February 2019.