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FINANCE | Investment Firms & Funds
energyimpactpartners.com

Investments

205

Portfolio Exits

25

Funds

12

Partners & Customers

7

About Energy Impact Partners

Energy Impact Partners operates as a strategic investment firm that focuses on energy consumption and sustainable energy generation within the energy sector. The firm invests in venture capital, growth, private equity, and credit. Energy Impact Partners works with a network of corporate partners to utilize their resources and perspective in the industry. It was founded in 2015 and is based in New York, New York.

Headquarters Location

600 3rd Avenue 38th Floor

New York, New York, 10016,

United States

212-899-9700

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Latest Energy Impact Partners News

California Energy Company Launches World’s Largest Industrial Heat Battery

Oct 17, 2025

SHARE: California-based Rondo Energy said its 100-MWh Rondo Heat Battery (RHB) has entered daily automatic operation, with energy provided by a solar photovoltaic array. The system is delivering continuous high-pressure industrial heat and steam to an enhanced oil recovery site run by Holmes Western Oil Corp. Rondo on October 16 said Holmes has replaced one of its natural gas-fired boilers at a project in Kern County, California, with a 20-MW solar array paired with Rondo’s 100-MWh battery. The battery heats clay bricks with electricity, generating steam that is then used to force oil from the ground. Rondo on Thursday said its unit sets new records for an industrial heat battery in terms of capacity, round-trip efficiency, and power supply, with a 100-MWh unit delivering a volume of heat equivalent to 10,000 home heating systems. The off-grid solar PV charges the heat battery during daylight hours, and the RHB delivers heat 24 hours a day. Rondo said that after 10 weeks of operation, the project has achieved all milestones for daily automatic operation, performance, efficiency, and reliability proving out Rondo’s unique design, which boasts storage temperatures above 1,000C, and round-trip efficiency above 97%. “The Rondo Heat Battery is now proven at industrial scale,” said Eric Trusiewicz, CEO of Rondo Energy. “We are already developing and operating heat batteries across four continents and five industries. Our customers are improving their competitiveness and slashing their carbon emissions at the same time.” This Rondo Heat Battery is directly delivering steam alongside gas-fired boilers without changes to the facility. This project was delivered with zero lost-time injuries and is fully meeting all customer contract specifications. By replacing gas consumption with the fixed cost of on-site solar power, the project reduces energy cost volatility, as well as reducing regulatory and carbon market exposure. The lower carbon intensity of the customer’s fuel products strengthens competitiveness in low-carbon markets. Industrial heat makes up 25% of global final energy use, and industries from chemicals to cement rely on high-temperature heat. Rondo’s technology provides a simple and safe way for manufacturers to reduce costs and slash scope 1 emissions today, according to the company. Unlike heat pumps or electric boilers that need constant power, the Rondo Heat Battery charges using only the six lowest-cost hours of electricity per day—whether from off-grid solar or from the grid. Intermittent and low-cost hours of electricity are becoming available in electricity systems around the world, thanks to the deployment of solar & wind. “The commercialization of the heat battery represents yet another global inflection point for solar & wind power, said Andy Lubershane, partner at Energy Impact Partners. “Just as electric vehicles opened up the transport market to renewable electricity, heat batteries will open up an even larger new market, industrial heat, which accounts for roughly a quarter of global energy consumption. We’re thrilled that Rondo is leading the way.” The Rondo Heat Battery’s storage medium uses only brick and wire—abundant, proven materials that can’t catch fire, explode, or cause toxic leaks. Heat batteries replace or drop in alongside industry-standard boilers and seamlessly integrate into existing steam flanges, delivering steam at any conditions at 100+ bar (1450+ PSI). Because it produces no emissions, the Rondo Heat Battery requires no air permits, easing deployment. Rondo is already developing and operating projects across North America, Europe, Asia, and Australia, with deployments underway for chemicals, biofuels, food and beverage, and cement. The company’s technology scales quickly, requiring no scarce minerals and using only proven industrial components. —POWER edited this content, which was contributed by Rondo Energy . Modern process industries are experiencing fluctuating market conditions and tight operational margins, leading chemical engineers to rely on real-time data to boost efficiency and reduce costs. Yet, many organizations are at different stages in their digital transformation journey. Some are just starting, while others are looking to optimize existing solutions. This webinar explores practical ways […] May 20, 2025

Energy Impact Partners Investments

205 Investments

Energy Impact Partners has made 205 investments. Their latest investment was in Voya Energy as part of their Seed VC on November 12, 2025.

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Energy Impact Partners Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

11/12/2025

Seed VC

Voya Energy

$13M

Yes

8090 Industries, Brian Janous, Founders Fund, IQT, Liquid 2 Ventures, Overmatch Ventures, Peter Reinhardt, Seven Stars, Sheldon Kimber, SV Angel, and Trust Ventures

3

11/3/2025

Series B

Infravision

$91M

No

2

10/1/2025

Series B

Phaidra

$50M

Yes

4

7/16/2025

Series B

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$XXM

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10

7/2/2025

Series A - II

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$XXM

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10

Date

11/12/2025

11/3/2025

10/1/2025

7/16/2025

7/2/2025

Round

Seed VC

Series B

Series B

Series B

Series A - II

Company

Voya Energy

Infravision

Phaidra

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Amount

$13M

$91M

$50M

$XXM

$XXM

New?

Yes

No

Yes

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Co-Investors

8090 Industries, Brian Janous, Founders Fund, IQT, Liquid 2 Ventures, Overmatch Ventures, Peter Reinhardt, Seven Stars, Sheldon Kimber, SV Angel, and Trust Ventures

Sources

3

2

4

10

10

Energy Impact Partners Portfolio Exits

25 Portfolio Exits

Energy Impact Partners has 25 portfolio exits. Their latest portfolio exit was Urbint on October 06, 2025.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

10/6/2025

Acquired

$XXM

6

10/2/2025

Asset Sale

$XXM

Sollit

1

9/23/2025

Acquired

$XXM

3

9/2/2025

Acquired

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$XXM

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10

8/6/2025

Asset Sale

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$XXM

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10

Date

10/6/2025

10/2/2025

9/23/2025

9/2/2025

8/6/2025

Exit

Acquired

Asset Sale

Acquired

Acquired

Asset Sale

Companies

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Valuation

$XXM

$XXM

$XXM

$XXM

$XXM

Acquirer

Sollit

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Sources

6

1

3

10

10

Energy Impact Partners Acquisitions

1 Acquisition

Energy Impact Partners acquired 1 company. Their latest acquisition was Convey on April 11, 2024.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

4/11/2024

Seed / Angel

$XXM

$0.12M

Acq - Fin

2

Date

4/11/2024

Investment Stage

Seed / Angel

Companies

Valuation

$XXM

Total Funding

$0.12M

Note

Acq - Fin

Sources

2

Energy Impact Partners Fund History

12 Fund Histories

Energy Impact Partners has 12 funds, including Energy Impact Fund III.

Closing Date

Fund

Fund Type

Status

Amount

Sources

10/8/2025

Energy Impact Fund III

$1,360M

2

5/22/2023

Deep Decarbonization Frontier Fund II

1

5/22/2023

Deep Decarbonization Frontier Fund I

$485M

3

5/2/2023

Elevate Future Fund I

$XXM

10

9/4/2020

Energy Impact Fund II

$XXM

10

Closing Date

10/8/2025

5/22/2023

5/22/2023

5/2/2023

9/4/2020

Fund

Energy Impact Fund III

Deep Decarbonization Frontier Fund II

Deep Decarbonization Frontier Fund I

Elevate Future Fund I

Energy Impact Fund II

Fund Type

Status

Amount

$1,360M

$485M

$XXM

$XXM

Sources

2

1

3

10

10

Energy Impact Partners Partners & Customers

7 Partners and customers

Energy Impact Partners has 7 strategic partners and customers. Energy Impact Partners recently partnered with University of Maryland on May 5, 2024.

Date

Type

Business Partner

Country

News Snippet

Sources

5/21/2024

Partner

United States

University of Maryland and MEIP Advance Plans for NextGen Energy Program - Kiewit News Room

The University of Maryland and MEIP have secured partnership approvals from the University System of Maryland Board of Regents and the Board of Public Works and are now moving on to financial close , which is expected to take place this summer .

1

6/16/2020

Partner

United States

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10

2/8/2019

Partner

United Kingdom

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10

8/9/2017

Partner

United States

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10

1/31/2017

Partner

Canada

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10

Date

5/21/2024

6/16/2020

2/8/2019

8/9/2017

1/31/2017

Type

Partner

Partner

Partner

Partner

Partner

Business Partner

Country

United States

United States

United Kingdom

United States

Canada

News Snippet

University of Maryland and MEIP Advance Plans for NextGen Energy Program - Kiewit News Room

The University of Maryland and MEIP have secured partnership approvals from the University System of Maryland Board of Regents and the Board of Public Works and are now moving on to financial close , which is expected to take place this summer .

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Sources

1

10

10

10

10

Energy Impact Partners Team

27 Team Members

Energy Impact Partners has 27 team members, including current Founder, Chief Operating Officer, Joshua Feldman.

Name

Work History

Title

Status

Joshua Feldman

Founder, Chief Operating Officer

Current

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Name

Joshua Feldman

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Work History

Title

Founder, Chief Operating Officer

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Status

Current

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E
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E
Energize Capital

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C
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L
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