TAE Technologies Acquisition, Valuation, Funding & Investors

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.

Jinko Solar is the largest Chinese solar module manufacturer by global shipment in 2024. Jinko's products are distributed across nearly 200 countries and regions. The company operates a vertically integrated production process, spanning from solar wafer and cell manufacturing to module production. Jinko's N-type cell capacity is industry-leading in scale.

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.

Capital Power Corp is a North American power producer whose principal activities are developing, acquiring, and operating power plants. Through its subsidiary, Capital Power owns and operates a portfolio of natural gas, coal, wind, solar, and solid fuel energy generating facilities. These are located throughout Western and Central Canada and the U.S. Capital Power's natural gas and coal facilities, specifically its Genesee and Shepard sites, account for its electric capacity and cash flow production. The company generates the vast majority of its revenue from sale of electricity and natural gas. The company's customers include a variety of industrial and commercial consumers, independent transmission system operators, and government-owned entities.

Shanghai Electric Power Co Ltd is a China-based energy company. It is engaged in the production and sale of electricity and thermal power. It is a modern energy company integrating high-parameter and large-capacity coal-fired power, gas-fired power, wind power, solar power, and distributed energy supply, and others.

CSI Solar is a leading Chinese solar module producer, ranking seventh by solar module shipments in 2024. The company's products are available in over 160 countries and regions. CSI operates a vertically integrated production process, encompassing solar wafers, cells, and module production.

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.

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.

A renewables developer, Acciona Energia was spun off from Spanish industrial conglomerate Acciona in July 2021. The floating share is 16%. Seventy-one percent of Acciona Energia's capacity is onshore wind, 26% in solar photovoltaic, and the bulk of the rest is battery. Thirty-five percent of its capacity is in Spain. The three biggest markets outside Spain are the US, Mexico, and Australia.

BKW AG is an electric utility company in which the Canton of Bern holds a majority stake. The company segments its operations into Energy Solutions, Power Grid, and Infrastructure & Buildings. It generates the majority of its revenue from the Energy Solutions business segment which builds, operates, and maintains BKW’s portfolio of power plants in Switzerland and abroad. It also includes the sale of energy in Switzerland, trading in electricity, certificates and raw materials as well as wind, solar and smart energy services.

Electric Power Development Co Ltd is a Japanese electric utility company involved in the generation, transmission, distribution, and retail sale of energy. The company operates through four segments. The Power Generation segment covers hydro, thermal, and wind power generation, along with maintenance, operation, and electricity sales. The Power Transmission and Transformation segment focuses on grid and network operations. Electricity-related Businesses support generation and transmission activities to ensure smooth and efficient operations. The Overseas Business engages in power generation and related services abroad. It generates the majority of its revenue from the Power Generation Business segment.

Mercury NZ (formerly Mighty River Power) generates more than 15% of New Zealand's electricity and is one of the four major electricity generators and suppliers in the country. All electricity is generated from renewable sources, which makes it one of the lowest-cost providers of electricity. The company operates nine hydro stations and five geothermal power plants in the North Island and some wind farms. Mercury sells electricity to residential and commercial customers and has the largest share of the key Auckland market.

ENGIE Brasil Energia SA develops, operates, and commercializes electric energy power plants in Brazil. The company is engaged in segments namely Transmission, Trading, Gas Transportation, and Generation. The majority of the revenue generated by the company is from the Generation segment.

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.

Renewable power generator and subsidiary of NTPC. It builds and operates solar and wind parks and sells electricity to state utilities and government-backed buyers under long-term contracts. Headquartered in New Delhi region.

Farasis Energy is a global lithium-ion battery manufacturer producing power systems for electric vehicles, energy storage grids, and commercial applications. The company operates production facilities in China and the United States with partnerships including BMW for automotive battery supplies. Farasis Energy supplies high-energy-density cells addressing transportation electrification and renewable grid integration needs.

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.

Acciona Energía Internacional is a renewable electricity generation business established in 2014 to hold most of Acciona’s operating renewable energy assets outside Spain. Its portfolio initially comprised approximately 2.3 gigawatts of generation capacity across fourteen countries. The business owns renewable power assets and generates electricity for sale into local energy markets. Its international footprint includes the United States, Mexico, Canada, Australia, Italy, Portugal and South Africa. By 2020 the portfolio comprised fifty-two renewable energy assets, predominantly onshore wind farms, with combined net generation capacity of about 2.3 gigawatts. Acciona continued to manage the portfolio alongside outside infrastructure investors. The company represents an international operating asset subsidiary within the broader Acciona energy group.