Phoventus Inc. is excited to announce that it has received an equity investment from Redball Ventures. Specializing in renewable power, energy storage engineering, and advisory services, Phoventus focuses on solar, wind, and energy storage projects. We are excited to partner with Redball and its team of Renewable Power finance veterans.
About Phoventus
Phoventus offers its Engineering and Advisory support throughout a project's life cycle, from initial feasibility engineering, procurement support, and design engineering to construction risk management and owner engineering. The firm's experienced management team has advised over 500 renewable energy projects globally.
The firm has a strong presence in Toronto and offices in Charlotte, Sao Paulo, and the UK, allowing it to serve clients worldwide effectively.
www.phoventus.com
About Redball Ventures
Redball Ventures makes non-control investments in renewable energy development platforms and companies that support them. Its principals have a combined 70 years of experience in renewable energy development and finance and strongly leverage our ecosystem to support the companies we invest in. Phoventus is Redball Ventures' eleventh investment.
The investment closed in July 2024
Quote Phoventus
Rob Lydan, CEO and Managing Director at Phoventus, said, " With Redball Ventures' support, Phoventus looks forward to further advancing client interests and enhancing the quality of service."
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John Marciano III, Founder and Board Member of Redball Ventures, stated, “Redball is pleased to support Phoventus for its best-in-class service and unique technical insight. We believe the energy transition winner will be an ecosystem of complementary companies and people, each with unique skills. Together we will achieve our common goals efficiently, helping our friends and succeeding together.”
