HULL STREET ENERGY
HULL STREET ENERGY is a Series C+ and buyout fund in the US and Canada investing in power-generation, energy-storage, transmission, distribution, renewable-energy and gas-fired-generation.
- Stages
- Series C+, buyout
- Sectors
- power-generation, energy-storage, transmission, distribution, renewable-energy, gas-fired-generation
- Invests in
- US-wide, Canada
- Actively investing
- Yes
- Founded
- 2014
- Assets under management
- $3.34B
- Website
- hullstreetenergy.com
Check size not disclosed
Thesis
Hull Street Energy (HSE) is a private equity firm founded in 2014, headquartered in Bethesda, Maryland. The firm specializes in deploying capital into the North American power sector, focusing on companies and assets that are strategically positioned for growth amidst the ongoing decarbonization and electrification of the economy. HSE's investment strategy centers on acquiring and optimizing critical power infrastructure, including generation, storage, transmission, and distribution assets. Their core investment thesis revolves around the transition of the North American power sector towards a more sustainable future. The firm targets middle-market power companies and assets that are crucial for grid reliability and the integration of renewable energy sources. Their strategy involves a rigorous, highly quantitative approach, combining sophisticated financial analysis with deep technical and fundamental understanding of energy markets and grid operations. HSE actively seeks opportunities in renewable and gas-fired generation, energy storage, and electricity grid assets. The firm has a broad-based experience in buying, selling, owning, and operating energy businesses across their entire lifecycle. HSE focuses its investments on North America, with a particular emphasis on the United States and Canada. While specific stage preferences are not explicitly detailed, their focus on "middle market power companies" and "strategic opportunities" suggests a preference for growth-stage and buyout opportunities within established infrastructure. As of March 2025, Hull Street Energy Partners III (Fund III) closed at approximately $2.2 billion, exceeding its target. This fund nearly doubles the size of its predecessor, Hull Street Energy Partners II, which secured $1.125 billion in March 2022. Hull Street Energy Partners I, a 2018 vintage infrastructure value-added fund, had a size of $500 million. As of March 31, 2026, the firm managed approximately $3.34 billion in assets under
Common questions
Does HULL STREET ENERGY invest at the Series C+ stage?
Yes. HULL STREET ENERGY lists Series C+ and buyout among the stages it invests in.
Where does HULL STREET ENERGY invest?
HULL STREET ENERGY invests in the US and Canada.