Hamilton Locke advised US-based impact investor Energy Impact Partners (EIP) in its first investment in the Australian market, as featured in the Australian Financial Review here.
EIP was the lead investor in Infravision Holdings’ Series A equity round. EIP invested US$23 million. Other co-investors included Equinor Ventures, the corporate arm of Norway’s Equinor ASA, and Edison International.
EIP is a global investment firm focused on leading the transition to a sustainable future, with over $3 billion in funds under management invested across impact-driven companies and a focus on fostering a low carbon economy.
EIP’s first Australian portfolio company, Infravision, was founded in 2018 by Cameron Van Der Berg and Chris Cox. Its operations are conducted via a newly developed system of electric puller tensioners, stringing drones and software that is used by electricity transmission network owner TransGrid and Pacific Gas and Electric (PG&E) for aerial power line installation.
The Hamilton Locke deal team comprised Brent Delaney (Partner), Joshua Bell (Special Counsel), and Lorenzo Ricchi (Lawyer). Nate Richman and Scott Rosenblatt from Reitler, Kailas & Rosenblatt were lead US counsel for EIP.
