TRANSITION EQUITY PARTNERS, LLC
TRANSITION EQUITY PARTNERS, LLC is a Series C+ and buyout fund in the US investing in energy-transition, renewable-energy, transitional-energy, sustainable-tech, digital-tech, power-generation, energy-infrastructure, clean-energy-supply-chain, battery-storage and carbon-capture.
- Stages
- Series C+, buyout
- Sectors
- energy-transition, renewable-energy, transitional-energy, sustainable-tech, digital-tech, power-generation, energy-infrastructure, clean-energy-supply-chain, battery-storage, carbon-capture
- Invests in
- US-wide
- Actively investing
- Yes
- Founded
- 2020
- Assets under management
- $368M
- Website
- transitionequity.com
Check size not disclosed
Thesis
Transition Equity Partners (TEP) is a private equity firm founded in 2020 and headquartered in Chicago, Illinois. TEP focuses on growth-stage infrastructure investments within the energy transition sector, aiming to support the global shift towards cleaner energy. Their investment thesis targets businesses that enhance infrastructure reliability and security, specifically those past the venture capital stage but too early for traditional infrastructure funds. TEP provides flexible growth capital, often at the holding company level, to facilitate project development, platform expansion, and large-scale infrastructure deployment. They emphasize a value-add approach, utilizing operational expertise and industry connections. Key investment areas include renewable energy infrastructure (power generation), transitional energy infrastructure (natural gas assets like midstream, downstream, and gas-fired power plants), and sustainable/digital technologies such as battery storage and carbon capture. The firm primarily invests in North America, with a strong focus on the United States, engaging in both growth equity and control buyout transactions. As of March 25, 2026, TEP manages approximately $368 million in private fund assets and is currently investing deal-by-deal, having launched TEP Fund II.
Common questions
Does TRANSITION EQUITY PARTNERS, LLC invest at the Series C+ stage?
Yes. TRANSITION EQUITY PARTNERS, LLC lists Series C+ and buyout among the stages it invests in.
Where does TRANSITION EQUITY PARTNERS, LLC invest?
TRANSITION EQUITY PARTNERS, LLC invests in the US.