Overview and Background
Energy Impact Partners LP (“EIP”, the “Investment Adviser”, or the “Firm”), is a Delaware limited
partnership with its principal place of business located in New York, NY. The Firm was founded
in 2015 on the premise of fostering environmental, social and governance (“ESG”) principles and
advancing the transition towards a more digitized, decentralized, decarbonized and electrified
future. EIP brings together incumbents and innovators consisting of utility, energy, real-estate,
mobility and industrial companies in a differentiated collaborative model built on corporate
venture capital principles and processes its founders pioneered at General Electric. The Firm
collaborates with more than 60 industrial partners and seeks to make venture, growth, buyout
and credit investments in what it deems the key building blocks of the energy transition. EIP is
principally owned by its founder Hans Kobler and his affiliates.
EIP provides investment advisory services to privately offered pooled investment vehicles which
includes Energy Impact Fund LP (“EIF”), a Delaware limited partnership established by Energy
Impact Partners LLC, Energy Impact Fund II LP (“EIF II”), a Delaware limited partnership
established by Energy Impact Fund II GP LLC, EIP Flagship Fund III LP, a Delaware limited
partnership established by EIP Flagship Fund III GP LLC, EIP Flagship Fund III (Lux) SCSp (the
“Parallel Fund”, and together with its feeder fund and EIP Flagship Fund III LP “Fund III”), a
Luxembourg special limited partnership established by EIP Flagship Fund III GP (Lux) SARL,
Energy Impact Credit Fund I LP (“EICF”), a Delaware limited partnership established by Energy
Impact Credit Fund I GP LLC, Energy Impact Credit Fund II LP (“EICF II”), a Delaware limited
partnership established by Energy Impact Credit Fund II GP LLC, EIP Deep Decarbonization
Frontier Fund I LP (“Frontier”), a Delaware limited partnership established by EIP Deep
Decarbonization Frontier Fund I GP LLC, EIP Elevate Future Fund I LP (“Elevate”), a Delaware
limited partnership established by EIP Elevate Future Fund I GP LLC, and Energy Impact Fund
SCSp (“EIF EU”), a Luxembourg special limited partnership established by Energy Impact Fund
GP SARL (together with Energy Impact Partners LLC, Energy Impact Fund II GP LLC, EIP Flagship
Fund III GP LLC, EIP Flagship Fund III GP (Lux) SARL, Energy Impact Credit Fund I GP LLC, Energy
Impact Credit Fund II GP LLC, EIP Deep Decarbonization Frontier Fund I GP LLC and EIP Elevate
Future Fund I GP LLC, the “General Partners” and each, a “General Partner”).
EIF primarily makes private equity investments in high growth companies that focus on ESG
principles and creating a smart, connected, and sustainable, decarbonized energy future. EIF II
and Fund III both have a similar focus to EIF and are often referred to as EIP’s flagship strategies.
EIF EU seeks to make private equity investments that are similar to those made in EIF, EIF II and
Fund III, with a focus on European markets. EICF and EICF II focus on making opportunistic credit
and select equity investments in small and middle emerging companies focused on ESG,
decarbonization and the broader energy transition. EICF and EICF II both operate as small
business investment companies
(each, an “SBIC”) under the debenture program operated by the
United States Small Business Administration (the “SBA”) and are subject to the Small Business
Investment Act of 1958 and the rules and regulations promulgated thereunder (the “SBIC Act”).
Frontier seeks to make minority equity investments in emerging or early-stage companies with
transformative technologies that provide solutions that can significantly contribute to deep
decarbonization of asset intensive industries and help advance the global push towards a net zero
carbon economy. Elevate seeks to increase diversity in the energy transition sector and make
direct investments in companies within the venture-backed technology sector, and the energy
industry that are led by entrepreneurs from underrepresented backgrounds including, but not
limited to, Black, LatinX, LBGTQ+, and female founders, as well as companies or other private
fund investment advisers supporting job growth and closing the income gap in economic
opportunity zones.
EIF, EIF II, Fund III, EICF, EICF II, Frontier, Elevate and EIF EU are herein each referred to as a “Fund”
and collectively as the “Funds”. The Funds are exempt from registration under the Investment
Company Act of 1940, as amended (the “Investment Company Act”).
EIP has established, and may continue to establish in the future, certain privately offered pooled
investment vehicles which are formed on a transaction-by-transaction basis for the purpose of
pooling investor capital and co-investing in a single portfolio company alongside one or more of
the Funds (each vehicle a “Co-Investment Vehicle”). A Co-Investment Vehicle is typically limited
to the investment it was established to participate in and such investment is typically made on
the same investment terms as the applicable Fund(s) also participating in the investment. Co-
Investment Vehicles established by EIP are exempt from registration under the Investment
Company Act.
EIP provides investment advice directly to the Funds and any associated Co-Investment Vehicles
in accordance with the applicable private placement memorandum (“PPM”), limited partnership
agreement (“LPA” or “Partnership Agreement”) and investment management agreement
(collectively, the “Governing Documents”). The Firm does not tailor its investment advisory
services to the needs of individual investors. However, EIP will occasionally enter into side letter
arrangements with certain investors which either alters or supplements certain terms in the
relevant Fund’s or Co-Investment Vehicle’s Governing Documents.
As of December 31, 2023, EIP managed approximately $4,181,227,101 regulatory assets under
management on a discretionary basis and $357,453,919 of regulatory assets under management
on a non-discretionary basis.
1
Information about the Funds and any Co-Investment Vehicle included in this Brochure is qualified
in its entirety by the information contained in the relevant Fund’s and/or Co-Investment Vehicle’s
Governing Documents. Current and prospective investors are reminded to carefully read the
relevant Governing Documents.
1 Inclusive of additional capital commitments closed between January 1, 2024, and the date of this Brochure.