Impact and sustainability are a function of scale. Deployment is what it takes to provide meaningful positive climate impact.
This same third-party capital model enabled the rapid growth of solar in the U.S. This allows companies to “graduate” to cheaper and larger capital that seeks mature, scaleable platforms. Spring Lane’s investment platform aims to unlock this scalability. The below examples are just a few among our past and current projects.
Atlas Organics
[exited: December 2021] Atlas Organics collects and composts food and other organic waste, turning it into a valuable soil amendment to promote sustainable agriculture and landscaping. Their Indian River County facility produces a greenwaste compost primarily composed of wood, grass, palm and leaf waste.
ARIES LINDEN BIOSOLIDS GASIFICATION FACILITY
Aries Clean Energy designs, builds and operates innovative gasification systems that sustainably dispose of organic waste, generate clean energy and produce a carbon-rich biochar. These industrial-scale energy facilities cleanly convert biomass material into fuel gas, keeping commercial and municipal waste out of landfills. The Linden Biosolids Gasification Facility, in New Jersey, will treat wastewater-related waste from across the New York City region.
Electric Vehicle Charging Solutions
EVCS was founded in 2018 and has quickly become one of the largest and fastest-growing electric vehicle charging networks on the West Coast. Powered by 100% renewable energy, EVCS is disrupting the mobility power industry through a turn-key approach that utilizes public and private funding sources to encourage the installation of fast-charging locations. EVCS has secured over $75M in government funding and engaged nearly 150 partner sites to build and grow its net zero carbon network. EVCS’ mission is to cut emissions while simultaneously improving air quality by enabling the rapid adoption of zero-emission electric vehicles.
Spring Free EV
Spring Free EV is a financial technology company accelerating the adoption of electric vehicles (EVs) through innovative fintech products. They operate nationwide and are the first to tap into the multi-billion-dollar market of over 200,000 small and medium-sized commercial fleets across the country that are looking to electrify their fleets.
Spring Free EV’s innovative financing platform helps business owners realize savings by significantly reducing upfront costs and using a first-of-its-kind pay-per-mile subscription model – eliminating the traditional high mileage fee penalties that are cost-prohibitive for commercial fleets that need to drive long distances. The company makes EVs affordable and simple to acquire through its proprietary fintech platform, which includes value-added services such as provisioning tax benefits, telematics and institutional-grade asset management, making EVs a more cost-effective option for fleet owners than owning standard fossil fuel vehicles. With these solutions, Spring Free EV eliminates the biggest barrier to EV adoption — cost.