Fortistar Analysis
What is Fortistar?
Investment firm addressing sustainability challenges
Employees
201-500
Founded
1993
Industry
Renewable Energy
Product Features & Capabilities
- Capital investment for sustainable companies
- Management of portfolio companies addressing sustainability
- Hands-on support for growth and development
Competitors
- Omega Advisors - An investment firm with an estimated revenue of $7.3M, focusing on various investment strategies.
- Siguler Guff and Company - A private equity firm with an estimated revenue of $38.8M, specializing in multi-strategy investments.
- BBR Partners - An investment advisory firm with an estimated revenue of $58.2M, providing wealth management services.
- Atlantic Power - Focuses on power generation, operating a portfolio of renewable and conventional energy projects.
- Cogentrix Energy - Specializes in energy generation and management, with a focus on renewable energy sources.
- Tenaska - Involved in energy development and marketing, known for its diverse energy portfolio.
- New Fortress Energy - Works in natural gas infrastructure and logistics, providing solutions for energy supply.
- Attero - A Netherlands-based company providing waste-to-energy services, focusing on sustainable waste management.
- Viridor - A UK-based company specializing in plastics recycling and energy generation through waste management.
- Averda - An integrated waste management company based in Dubai, involved in various waste management services.
Sustainability Initiatives
- Sustainable Performance - They focus on harmonizing environmental and financial objectives to maximize value in their core business activities.
- Investment in Clean Energy - Fortistar has supplied clean, sustainable, and reliable electricity for over 20 years to the City of San Diego and the U.S. Marine Corps, demonstrating their commitment to sustainable power solutions.
- Support for Innovative Solutions - They invest in groundbreaking sustainability solutions, indicating a proactive approach to addressing complex sustainability challenges.
Recent News
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.
HQ Full Address
One North Lexington Avenue, White Plains, New York 10601, United States
