Inerjys Ventures L.P
Last updated 13 May 2020, by Impactyield.
Inerjys is a fund investing into clean energy.
Inerjys invests across two asset classes: I) growth equity for energy product companies and II) finance for energy projects that deploy products from the growth equity portfolio. This low-risk hybrid approach allows the project finance piece to unlock further value for the growth portfolio.
This innovative fund model is crafted to scale clean energy while securing strong returns for investors.
Inerjys partners include Stephan Ouaknine(successful Canadian entrepreneur with three exits)and Jigar Shah (Founder and CEO of SunEdison; CEO of Sir Richard Branson’s sponsored Carbon War Room initiative, amongst others.
More information at www.inerjys.com
The fund focuses on growth equity investments into technology product companies (60%), and into clean energy projects globally (40%).
Clean energy project investments seek to deploy products from the growth portfolio.
of track record
the year funded
Key performance indicators
Asset manager: Inerjys Ventures
Product track record: Fund has 12 years of track record
Target IRR: 20%
Committed Capital: 0 CAD (Canadian Dollar)
Target return category: Risk-adjusted market-rate of return
Fund domicile: Canada
Product status: Open - committed capital
Inception year: 2011
Vintage year: n.a.
Target region: Global
Target close date: n.a.
Product term: 10 years (+2)
Assets under management: 300,000,000 CAD (Canadian Dollar)
Investment size: Min: 5,000,000; Max: 25,000,000; Avg: 10,000,000
Co-investment policy: LPs have priority, With LPs and non-LPs
Currency of investments: USD (US Dollar)
Currency for fund / product figures: CAD (Canadian Dollar)
Fund investments to date: 0
Fund investments to date exited or repaid: 0
Management fee: 2%
Carried interest: 20%
Hurdle rate: n.a.
GIIN Investors' Council Investment: No
Limited Partners / Investors: n.a.
Limited Partner / Investor Type: Endowments/Foundations, Family Office, Pension Funds, Other Institutional Investors
Phone number: 5148750005.00
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Inerjys invests in the clean energy sector.
The need to shift to clean epnergy for environmental, social, development, and security concerns is well known, the clean energy sector is not growing at a rate that is sufficient to address these challenges.
Clean energy needs better innovation to make solar panels and other energy generation, storage, and distribution technologies cheaper and competitive with the status quo. There is a wealth of clean energy innovation that has successfully proven their technologies, but there is a 'valley of death' companies face when trying to commercialize their products.
The Inerjys model is a shift from cleantech 1.0 to cleantech 2.0, the latter focusing on innovative deployment and financing models to help new technologies achieve scale.
The hybrid model that Inerjys has crafted addresses the valley of death issue by both providing growth equity to companies, while also providing non-dilutive project finance capital to deploy the companies technology.
Inerjys' ultimate impact is twofold: investing in clean energy technologies and building clean energy projects globally; and demonstrating this new investment model that will catalyzes a shift in the cleantech industry to 'cleantech 2.0'.