EFCG is pleased to announce that Rockwood Equity Partners (Rockwood) has completed an investment in Energy Renewal Partners (ERP), an Austin-based energy consulting service provider specializing in energy development and decommissioning projects across the United States. Founded in 2009 and led by industry veteran Trisha Elizondo, ERP offers a comprehensive range of predevelopment and construction consulting services for energy developers and operators. These services include habitat assessments and wetland delineations for wind, solar, and battery projects; constraints and permitting analyses; due diligence; landowner support and community engagement; and prospecting and mapping.
Rockwood’s investment in ERP is its third environmental platform in its current fund. “We are thrilled to partner with Trisha and ERP and eager to operationalize our Rockwood Growth System to help scale the business,” said Joe Merrill, Rockwood Managing Partner. “Rockwood aligns with Trisha’s collaborative approach and growth mindset, and we’re looking forward to working closely with the ERP team to continue to grow the business via service expansion.”
Rockwood Principal Nils Holum added, “We believe ERP is strategically positioned in the energy market, benefiting from strong long-term tailwinds and playing a crucial role in energy sustainability. The company is at a significant inflection point, with numerous opportunities to scale meaningfully.”
Trisha Elizondo, who will continue as Chief Executive Officer of ERP and remains a significant shareholder, commented, “I’m excited to partner with Rockwood to grow our talent, expand services and enter new markets. Our team looks forward to collaborating.”
EFCG served as a strategic advisor to Rockwood on its investment in ERP. Congratulations to the Rockwood and ERP teams on the successful transaction!
Read the original article from Rockwood here.
