Concept by Razework — not the live site
Sample footage
The merchant bank for energy & AI infrastructure

Turning electrons into intelligence.

M&A, growth capital and infrastructure finance for the companies building the next hundred years.

Read the manifesto
Where we work

One network, from the power plant to the data hall.

Generation, storage, grids and compute are one system now. We advise, finance and invest across all of it, and connect the founders building it to those who own the grid.

Manifesto

For two hundred years, the world ran on molecules. The next hundred will run on electrons.

Something has changed. Machines have learned to think, and thinking, it turns out, is made of electricity. Every solar field, every reactor, every cable across the sea now feeds something new: intelligence that works for us.

Yesterday's giants will call it a cycle. It is not a cycle. We sit where it begins: where energy meets intelligence, and where both meet the capital to bring them to life. We build alongside the founders, and we invest in what we help create.

Patient capital for the electric century.

$[x]B+Transaction value advised since 2012To confirm
[x]+Completed M&A and financing engagementsTo confirm
[x]+Years of combined partner experienceTo confirm
What we do

Where capital, infrastructure and intelligence meet.

We structure and execute the transactions that move the transition forward, and we invest alongside the companies we advise.

01

M&A advisory

Sell-side, buy-side and take-private mandates for energy, storage and grid companies, run as tight, competitive processes.

  • Sell-side & buy-side M&A
  • Take-privates
  • Recap & special situations
02

Growth capital

Strategic capital raising for the platforms scaling the new energy system, from Series B to late-stage rounds and dual-track processes.

  • Strategic capital raising
  • Private placements
  • Dual-track raise and sale
03

Infrastructure finance

Debt and structured financing for the physical build-out: generation, storage, grid and the power behind AI.

  • Infrastructure financing
  • Debt advisory
  • Structured financing

Alongside the advice: investment platforms, proprietary origination and roll-ups · the Insights Council and the Redefining Energy podcast.

Selected engagements

A ledger of closed deals, and the people behind them.

A selection from the engagements listed on the current site. Figures as published there.

$3bn

Aggreko

Take-private

eInfrastructureM&A
$60m

Younicos

Sell-side M&A, sale to Aggreko plc

Energy storageM&A
One of the tightest, most efficient and effective run sellside processes I've seen, culminating in a successful contract race between buyers for a superb outcome.
Stephen PrinceCEO, Younicos AG
$50m

Younicos

Strategic capital raise with Panasonic and First Solar

Energy storageFinancing
$75m

Smart Wires

Series I capital raise

GridsFinancing
$60m

Corvus Energy

Capital raise

MarineFinancing
$35m

PeakPower

Capital raise

FlexibilityFinancing
Dual track

Limejump

Series B raise, then sale; now backed by Shell New Energies

Digital energyM&A
Alexa Capital ran a very efficient dual track process for our Series B raise and then an acquisition. In the end we completed an excellent outcome for shareholders and the company.
Erik NygardCEO, Limejump
Spinout

YASA eVTOL

Spinout and capitalisation

eMobilityFinancing
Every engagement on the live site becomes a filterable tombstone with its own page.View all engagements
Network & insights

We convene the people who set the agenda.

Every other week, the operators, investors and policymakers building the energy system behind the transition, and the power behind AI.

Podcast · 248 episodes

Redefining Energy

Conversations on storage, grids, capital and the new load curve that AI puts on the power system.

248Remembering Joe Romm: clearing the air on climate solutionsListen
247AI-powered EMS behind the meterListen
245BESS: who is making money?Listen
Insights Council

An evening for the few who set the agenda.

A bi-monthly, invitation-only council of founders, investors and policymakers. Next session: [date to confirm].

Start a conversation

Raising, selling or building the electric century?

Speak to a partner about a mandate, an investment or a seat at the Insights Council.