DERMS Project Fund
Table Rock is in preparing to launch a $250 MM Distributed Energy Resource Management Systems (DERMS) Fund
We are in negotiations to launch a $250 MM DERMS fund designed to leverage up to a series of DERMS project investments totaling $1.25 MM. The fund is an outgrowth of our seed investment in Heila Technologies where are finding that deploying Microgrids often requires the full breadth of Design, Build Finance, Operate & Maintain (DBFOM) skill set. The DERMS fund will focus on decentralized distributed energy resource projects both in front of and behind the meter. We are working with a large multination corporation on this concept and expect that the fund will be global in scope. With an initial focus on U.S. based projects and the likelihood of branching out around the globe.