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esVolta

Portfolio

esVolta

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Powering North America’s grid with large-scale, utility-grade battery storage solutions.

esVolta is a leading energy storage company specialising in the development and acquisition of large-scale battery storage projects for utility customers across North America. Pier 12 raised a $50M fund to acquire a meaningful minority stake in this growth, sector-defining business. In 2023, Pier 12 sold esVolta to San Francisco-based renewable infrastructure investor, General Capital.

Key Statistics

Headquarters

California, USA

Status

Exited

Industry

Renewable Energy

Fund

Energy Storage Fund

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“We were pleased to return to fund investors a total of approximately A$110 million, with an additional performance earnout still to come.”

Laz Siapantas, Executive Director

Laz Siapantas