SCF Partners Announces Investment In Powerstar, a Global Provider of Power Resiliency and Energy Efficiency Technology
SHEFFIELD, England–(BUSINESS WIRE)–SCF Partners (“SCF”) is pleased to announce its investment in Powerstar EMSc (UK) Ltd. (“Powerstar”), a leading provider of power resiliency, microgrids, and energy efficiency equipment to customers worldwide. Dr. Alex Mardapittas, Powerstar’s founder and CEO, will continue to serve in his current role as the company enters its next phase of growth.
Powerstar, headquartered in Sheffield, United Kingdom, designs and manufactures behind-the-meter hardware and software technologies that help commercial and industrial customers reach their net zero carbon goals. It has provided voltage optimization, power resiliency, energy storage, EV charging, and transformer equipment to customers on five continents worldwide. With a focus on helping clients solve unique energy problems affecting their business, Powerstar’s expertise enables a fully bespoke solution that meets the customer’s exact needs.
“We are very excited to enter the next phase of our ambitious growth plans, ” said Dr. Mardapittas. “The need for a resilient and efficient power supply has never been greater than today, and our partnership with SCF will allow us to build on the record growth that Powerstar has seen over the past year.”
“SCF is pleased to partner with Powerstar and its exceptional technical team,” added Colin Welsh, International Partner at SCF. “Powerstar’s customized technology solutions that enable customers to reduce power costs while improving reliability and mitigating their carbon footprint will only grow in importance as the grid becomes more volatile and the global economy works to achieve net zero goals.”
About Powerstar
Founded in 2001 and headquartered in Sheffield, United Kingdom, Powerstar is a market-leading smart energy solutions provider. It designs and manufactures power resilience technologies that protect customer operations from disruption while enabling net zero goals. Powerstar’s highly capable technical team uses modelling and simulation capabilities to create a digital twin of the customer’s site, ensuring that its customized solution will perform reliably. Powerstar supports commercial and industrial users in the manufacturing, healthcare, data centre, retail & distribution, defence, and public sectors. To learn more, visit www.powerstar.com.
About SCF Partners
Founded in 1989, SCF provides equity capital and strategic growth assistance to build leading energy service, equipment, and technology companies that operate throughout the world. SCF has invested in more than 70 platform companies and made more than 400 additional acquisitions to develop 17 publicly listed energy service and equipment companies over its history. The firm is headquartered in Houston, Texas, and has offices in Calgary, Singapore, and Aberdeen. Learn more at www.scfpartners.com.
Contacts
Dr. Alex Mardapittas
Chief Executive Officer
alex.mardapittas@powerstar.com
