Report Outlines Generational Investment
Opportunity in Decarbonizing Industry
Provides Total Emissions Reduction and Waste
Mitigation Across Ara Partners Portfolio
BOSTON and WASHINGTON, May 23, 2024
/PRNewswire/ -- Ara Partners today announced the publication
of its Industrial Decarbonization Report, highlighting the firm's
progress and performance in 2023 as it helps to build future-fit
businesses that have the ability to significantly decarbonize the
industrial economy.
By taking a dual approach to industrial decarbonization, Ara
specializes in using private equity and infrastructure strategies
to commercialize and scale businesses that are critical to the
transition to net-zero. With approximately $6.2 billion in assets under management as of
December 31, 2023, Ara's
portfolio today is comprised of 28 companies targeting high-impact
industrial sectors, including manufacturing, chemicals and
materials, food and agriculture, and supply chain businesses.
Since 2017, Ara has invested in accelerating the growth of both
existing businesses and new, proven technologies that underpin a
lower-carbon economy throughout North
America and Europe.
Supported by a strong bench of operating partners, Ara's investment
team brings a wealth of private equity and infrastructure expertise
to strengthen the foundation of each portfolio company. Ara's team
supports the development and execution of commercial growth
strategies that target the maximization of impact and long-term
returns.
By focusing on two primary pillars – emissions reduction and
waste management – that are integrated and evaluated across all its
investments, Ara targets investments that contribute to the
reduction of GHG emissions or waste, with the potential to deliver
60% or greater GHG emissions reduction at the product, service
or asset level compared to market incumbents.
"To date, decarbonization efforts have largely focused on the
27% of global GHG emissions coming from power generation, with an
overwhelming amount of climate-focused capital investment directed
towards wind, solar, battery storage, and electric vehicles (EVs).
$9.2 trillion in annual spending is
required to meet climate targets," said Irina Markina, Managing Director and Chief
Decarbonization Officer at Ara Partners. "In addition to the power
sector, capital must be mobilized towards 'the world of made
things', targeting high-impact industrial sectors, including
industrials and manufacturing, chemicals and materials, food and
agriculture, and supply chain businesses. At Ara, we've taken
a differentiated approach by investing in proven technologies that
are essential to displacing existing, fossil fuel-based industrial
processes and building the new infrastructure required to underpin
a lower-carbon economy."
In 2023, Ara reduced emissions by an estimated 10.8m metric tonnes of CO2 equivalent and
eliminated an estimated 424.4k metric
tonnes of waste.
Ara Partners brings together a strong and unique blend of
industry veterans with technical, operational, private equity and
infrastructure expertise to seek to maximize decarbonization
results while advancing the development of businesses with
high-value, sustainable long-term models.
To access the public report, please visit
https://www.arapartners.com/news-and-insights/. The publication of
the industrial decarbonization report follows Ara's recent brand
refresh and new website launch.
About Ara Partners
Ara Partners is a global private equity and infrastructure
investment firm focused on industrial decarbonization. Founded in
2017, Ara Partners seeks to build and scale companies with
significant decarbonization impact across the industrial and
manufacturing, chemicals and materials, energy efficiency and green
fuels, and food and agriculture sectors. The company operates from
offices in Houston, Boston, Washington,
D.C., and Dublin. Ara
Partners closed its third private equity fund in December 2023 with over $2.8 billion in new capital commitments. As of
December 31, 2023, Ara Partners had
approximately $6.2 billion of assets
under management.
For more information about Ara Partners, please
visit www.arapartners.com.
Media Contacts:
Scott Bisang / Jack Kelleher
Collected Strategies
Ara-CS@collectedstrategies.com
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SOURCE Ara Partners