Fortistar is a privately-owned investment firm that focuses on providing capital to build, grow, and manage companies that address complex sustainability challenges within the energy sector. The company is dedicated to investing in innovative solutions that promote sustainability and environmental responsibility.
Investing in companies tackling energy efficiency; Supporting businesses in waste management solutions; Funding renewable energy projects; Assisting in sustainable agriculture initiatives; Partnering with firms focused on water conservation
Fortistar engages in several sustainability initiatives and practices, including:
These initiatives reflect Fortistar's commitment to creating economic and sustainable value for their partners and communities.
Fortistar primarily focuses on investments in lower carbon energy generating companies. Their key products and services in the energy sector include capital investment in sustainable energy projects, management of energy generation facilities, and support for the transition to a low carbon economy. They are involved in various sectors, including power generation, transportation fuels, and industrial processes, emphasizing sustainability and superior performance.
The headquarters location of Fortistar is One North Lexington Avenue, White Plains, NY 10601.
Recent developments related to Fortistar in the energy field include their acquisition of a 72-MW natural gas-fired power plant in New York. This purchase is part of Fortistar's strategy to invest in energy projects that address sustainability challenges. Additionally, there has been controversy surrounding the use of one of their plants for cryptocurrency mining, with environmental groups raising concerns about the impact on climate goals and local pollution levels.