Olympus Power and its affiliates make equity investments in (a) the acquisition,
development, ownership and operation of resource-efficient power
generation projects (including operating, greenfield and brownfield
projects), typically through investments in partnerships or limited
liability companies; (b) private companies that develop, design,
provide or facilitate proven technology-based products and services
that are applicable to the energy industry or its customers; and (c)
energy-related companies or assets having renewable or
environmentally-beneficial attributes. Finally, Olympus targets
assets and companies across their development stages ranging from
greenfield and brownfield development, to late-stage and
middle-market companies with inherent growth opportunities, to fully
mature cash-producing entities.
Olympus Power’s primary strategy is to focus on the acquisition
of operating assets and projects in varied stages of development
through privately negotiated transactions and select auction processes.
Olympus Power’s primary investment focus is upon existing
energy-generating assets including biomass, hydro, wind and natural
gas-fired power generating facilities, with a target investment size
between $5 million to $100 million per transaction. Olympus’ principal
geographic focus is North America, and secondarily Western Europe.
Olympus Power may invest substantially all or all of the required
equity in smaller transactions and will seek to partner with
its longstanding network of industry firms and financial
institutions in larger transactions.
When assessing a new investment opportunity for Olympus, the
primary selection criteria will include:
- profitability and cash-generation capability of the asset or
company throughout an industry/economic cycle;
- assessable risks which can be hedged or mitigated;
- relationship-referred and/or privately negotiated
transactions which allow for the avoidance of auctions that
often inflate prices and reduce returns on equity;
- barriers to entry allowing protection of such capability
(e.g., market share, intellectual property position and industry
- organic growth and expansion prospects of the asset or
- other latent optionality which may be utilized to yield
additional return; and
- access to and high probability of exit opportunities.