Design, installation and maintenance of distributed power plant solutions
How we helped
Clarke Energy provides distributed power plant solutions with market leading engineering, installation and maintenance support.
Internationalisation:
- During our investment we supported (and equity funded) Clarke Energy in its overseas acquisitions in the US, Bangladesh, South Africa and Botswana, helping the business to become a truly global player. By exit this included 22 global territories.
- In 2015, Clarke Energy’s UK operations reached its biggest milestone to date, achieving 1 gigawatt of installed power. By exit the company had over 5.4GW of power generation equipment spread across 19 countries.
During our investment turnover grew by 50% and staff numbers grew from 700 to 1,100. In 2017, an exit was achieved via sale of Clarke Energy to Kohler Co.’s Power Group, a global leader in engines and power generation systems, delivering a return of 2.3x and 21% IRR.