Secure Waste Infrastructure Acquisition, Valuation & Financials

Northland Power develops, constructs, and operates sustainable infrastructure assets across a range of clean and green technologies, such as wind (offshore and onshore), solar, and supplying energy through a regulated utility. Offshore wind is expected to remain the company's largest segment over the long term. Northland’s growth opportunities are global and span North America, Europe, Latin America, and Asia.

Contact Energy is a diversified and integrated energy company. It owns a fleet of hydro, geothermal, and gas-fired generation assets, which produce more than 25% of New Zealand's electricity. It also retails electricity and gas to nearly half a million customers.

Ormat Technologies Inc is engaged in the geothermal and recovered energy power business. It is engaged in three business segments: Electricity Segment. where the company develops, builds, owns and operates geothermal, solar PV and recovered energy-based power plants in the United States and geothermal power plants in other countries and sell the electricity generated. Product Segment includes designing, manufacturing and selling equipment for geothermal and recovered energy-based electricity generation and providing services relating to the engineering, procurement and construction of geothermal and recovered energy-based power plants. Energy Storage Segment includes owning and operating grid-connected which provide capacity, energy and ancillary services directly to the electric grid.

Oklo Inc is developing fission power plants to provide clean, reliable, and affordable energy at scale. It is pursuing two complementary tracks to address this demand: providing reliable, commercial-scale energy to customers; and selling used nuclear fuel recycling services to the U.S. market. The Company plans to commercialize its liquid metal fast reactor technology with the Aurora powerhouse product line. The first commercial Aurora powerhouse is designed to produce up to 15 megawatts of electricity (MWe) on both recycled nuclear fuel and fresh fuel.

Badger Meter is a provider of water management solutions. The company’s solutions encompass measurement and control hardware, connectivity and communication, data visualization and software. Badger Meter has global operations, with the vast majority of revenue derived from the US.

Hubei Energy Group is a Chinese listed power and energy company controlled within the China Three Gorges group. Headquartered in Wuhan, it develops and operates hydroelectric, thermal, nuclear, wind, solar and natural-gas assets and supplies electricity and related energy services. Revenue comes primarily from the generation and sale of power and from regulated or contracted infrastructure operations. The company has used overseas acquisitions to add operating generation capacity and technical experience. In the Chaglla transaction Hubei Energy acquired a 40% interest and became one of the principal operating shareholders of Empresa de Generación Huallaga. Its strategic power-industry role distinguishes it from the financial co-investors CNIC and ACE Investment Fund II, even though the three parties completed the acquisition as one consortium.

PTT Oil and Retail Business PCL operates in the oil and gas refining and marketing sector. The company is engaged in the distribution of petroleum products and retailing of non-oil products and services in both domestic and international markets. Its segments include Mobility Business, Lifestyle Business, and Global Business. The firm generates the majority of its revenue from the Mobility segment.

Fujian Funeng Co Ltd is engaged in the production & supply of electricity, heat, gas and water. It projects include thermal power project, wind power project & gas power project.

Sinopec Oilfield Service Corp engages in the provision of onshore and offshore oil and natural gas, exploration, provision of contracting, design, and construction services for the oil and gas projects. It operates through five segments: Geophysics, which provides technical and development, exploration geophysical services; Drilling engineering segment, which provides drilling design, and construction, technical services; Logging and mud logging segment; Special downhole segment, which provides oil engineering technical and construction services; and Engineering construction segment, which provides a package of services, including feasibility studies, procurement, and others. Its geographical segments are, The PRC, Middle East and Other countries.

Petronas Dagangan Bhd offers a variety of petroleum products and services to retail and industrial customers. As the revenue generator, retail operations are the main focus of the company. In Malaysia, the retail business includes hundreds of retail stations that also serve as convenience stores. As a compliment to its network of retail stations, Petronas offers a loyalty program that allows members to accumulate points and redeem either fuel or selected items. The company's other businesses include a commercial unit, liquefied petroleum gas unit, and a lubricants business. Through the commercial business, Petronas markets petroleum products in bulk to manufacturing, aviation, power, energy, agriculture, fisheries, and transportation segments.

Delek Group Ltd operates in the oil and natural gas exploration, development, production and marketing sector in Israel and abroad. through investees. The operating segments of the company are, 1) Energy in Israel segment includes the development, production and sale of natural gas in the existing oil assets of the Partnership, and oil and natural gas exploration in the Mediterranean Sea, 2) the Foreign energy segment includes projects of the UK continental shelf in the North sea region through Ithaca Energy plc which is controlled indirectly by the company and 3) additional operations. The company operates primarily in Israel and North Sea region.

China Resources Gas Group is a leading gas utilities group in China engaged in city gas distribution, including piped natural gas distribution and natural gas filling stations. At the end of 2024, CRG’s portfolio comprised 276 city gas projects in China. The firm achieved annual gas sales volume of 39.9 billion cubic meters and has connected 60.1 million residential customers, or a penetration rate of 60.4%.

Crescent Energy Co is an energy company committed to delivering value for shareholders through disciplined growth, acquisition ideas, and the consistent return of capital. Its long-life, balanced portfolio combines stable cash flows from low-decline production with deep, high-quality development inventory. The company operates in one reportable segment, which is the exploration and production of crude oil, natural gas, and NGLs.

Energisa SA is a holding company. Energisa along with its subsidiaries is engaged in the production of energy from renewable sources and; the transmission and distribution of electricity. The company segments include Electricity Distribution, Hydraulic, solar and distributed generation, Electricity Transmission, Marketing, Gas distribution,and Holding company and Services. It generates maximum revenue from the Electricity Distribution segment.

Valar Atomics is a nuclear energy company based in El Segundo, California, that develops small high-temperature gas-cooled reactors. It was founded in 2023 by Isaiah Taylor. The reactors use helium coolant and TRISO fuel and are designed to be built in series on a production line and deployed at industrial sites, to supply heat and power for data centres, heavy industry and clean hydrocarbon fuel production independent of the electricity grid. The company has built test reactors, including its Ward Zero prototype, and was selected by the US Department of Energy to take a reactor critical. It sells to industrial and data centre operators and government customers, and it is financed by venture equity and credit facilities.

Devens, Massachusetts-headquartered Commonwealth Fusion Systems pioneers compact tokamak fusion reactors powered by high-temperature superconducting magnets. The company constructs SPARC, a six-meter-wide demonstration tokamak scheduled for net energy production by 2025 at its Devens site, which serves as a prototype for ARC, a 200-400 megawatt pilot plant intended for grid connection in New Hampshire during the early 2030s. CFS produces its proprietary magnets in-house at a dedicated factory opened in 2021 and collaborates closely with the MIT Plasma Science and Fusion Center on plasma physics advancements. Key technologies include the VIPER cable design enabling 20-tesla magnetic fields essential for plasma confinement. Founded in 2018 as an MIT spinout, CFS advances commercial fusion through rigorous peer-reviewed engineering.

Inox Clean Energy is the renewable energy business of India's INOXGFL Group, headquartered at INOXGFL Towers in Noida, Uttar Pradesh. It operates through two platforms: Inox Neo Energies, an independent power producer that develops, acquires and operates wind, solar and hybrid projects supplying commercial and industrial customers, power exchanges and other buyers, and Inox Solar, an integrated manufacturer of solar cells and modules that also offers engineering, procurement, construction and operations services. The company runs about 3 GW of renewable generating capacity and about 6 GW of module manufacturing capacity, roughly half of it in the United States after it bought Boviet Solar's US manufacturing assets, and targets 15 GW of generation and more than 11 GW of manufacturing within two to three years. It earns revenue from selling power and solar modules. In the ten months to mid-2026 it completed ten acquisitions, including Vibrant Energy, SunSource Energy's Indian business, Vena Energy India and SkyPower. The company raised about Rs 3,100 crore from CalPERS, SUN Group Global, Authum Investments and others in January 2026 and Rs 700 crore from the Adar Poonawalla family office in July 2026 at a Rs 70,000 crore valuation, while INOXGFL retains control ahead of a planned IPO.

Enpal is a Berlin-based provider of comprehensive renewable energy solutions including solar panels, batteries, wallboxes, heat pumps, and energy management systems. The company offers 20-year lease models with no upfront costs, covering installation, maintenance, and insurance for residential customers in Germany and Italy. Recognized as Germany's market leader in solar installations, Enpal operates over 200 installer teams and a dedicated training center near Berlin.