FinSMEs – Cloverleaf Infrastructure Raises $300M From NGP and Sandbrook Capital

July 17, 2024

Cloverleaf Infrastructure, a Houston, TX- and Seattle, WA-based provider of a platform focused on developing clean-powered, ready-to-build sites for the largest electric loads, raised $300M in capital commitments.

Backers included private equity investors NGP and Sandbrook Capital, alongside contributions from its management team.

The company intends to use the funds to expand operations and its development efforts.

Led by CEO David Berry, Cloverleaf Infrastructure provides a platform focused on developing clean-powered, ready-to-build sites for the largest electric loads in the U.S., including real estate acquisition, grid interconnection, onsite storage and generation and low-carbon energy supply.

The management team also includes Chief Technical Officer Jonathan Abebe, who has held senior engineering and technical roles at the Department of Energy, Pattern Energy and Clean Line Energy and Vice President Nur Bernhardt, formerly Director or Energy Strategy at Microsoft.