Tag : News

  • Clipperton acted as sole financial advisor to Elum Energy – a leading provider of advanced energy management solutions for renewable energy systems – in the structuration of a $13 million acceleration round led by US investor Energize Capital, with the participation of existing investors Alter Equity and Cota Capital. 
  • Built on cutting-edge hardware and software technologies developed in-house, Elum Energy has already established itself as one of the worldwide references for energy management systems dedicated to renewable systems. The company empowers its clients with the means to optimize the performance and reliability of solar energy and storage systems worldwide. This investment will support the Company’s ambitious growth plans to address the ever-increasing demand for renewables globally.  Elum Energy will notably reinforce its growing presence in the US and further invest in product development to expand its portfolio toward energy storage and EV integration.
  • This transaction is another testimony of Clipperton’s expertise in advising category leaders in their acceleration rounds with international counterparts, including Neural Concept’s $27m Series B led by Forestay Capital, Braincube’s €83m LBO with Scottish Equity Partners and Bpifrance, and Taurus’ $65m Series B led by Credit Suisse. 

Our Client

  • Launched in 2016 in Paris, Elum Energy provides control solutions for hybrid power plants. Specifically, its controllers harmonize the flows of the energy system in order to optimize by favoring solar production and limiting diesel production where necessary, calibrating grid injection or improving the self-consumption rate, and, in the presence of storage, optimizing the charging and discharging of batteries.
  • Elum Energy’s solutions optimize renewable energy assets globally, leveraging advanced technology for real-time insights and predictive maintenance. The company is a trusted partner in the renewable energy sector, enhancing operational efficiency and energy yield.
  • In 2023, Elum Energy extended its worldwide presence by opening three new offices in Spain, Nigeria, and Madagascar. The company kept its high growth trajectory, and now has over 2,500 projects in 50 countries and more than 350 clients.

Deal Rationale

  • The solar industry is rapidly evolving as the installed asset base grows daily and projects become more complex as batteries, EV charging, and other assets become more and more intertwined. Global renewable electricity capacity is expected to grow 65% from 2023 to 2027, with 30% of distributed solar projects paired with battery storage. As the grid becomes more dynamic, asset owners need advanced O&M solutions. Elum Energy thrives by streamlining the monitoring and control of standard and hybrid solar PV projects, enabling seamless integration across C&I installations, microgrids, and utility-scale projects.
  • This Series B funding will support the company’s ambitious growth plans to address the booming global renewable market, including a U.S. launch, as well as product evolution within the energy storage and EV integration categories.

Clipperton’s strong track record in advising on international growth financings 

  • This deal is testimony to Clipperton’s extensive track record advising on international growth financings – including the fundraisings of Neural Concept, Welcome to the Jungle, or Taurus.
  • The transaction also showcases Clipperton’s expertise in advising high-growth clients with a strong ESG dimension, following transactions organized for Clareo Lighting (LBO with Nextstage, BNP Paribas Développement & Adélie Capital), Reporting21 (sale to Cority) or Ecovadis (investment from Astorg).

Deal Team

About Clipperton

Clipperton is a leading investment bank dedicated to technology and growth companies. We provide strategic and financial advisory to entrepreneurs, corporates, and top-tier investors in Europe who are willing to execute transactions such as strategic M&A private equity transactions, and private placements. Founded in 2003 and with offices in Paris, Berlin, Munich, London, New York, and Beijing, Clipperton has completed over 400 M&A and private placement transactions with fast-growing technology start-ups, blue-chip corporates, and renowned financial investors.