Navigant and InfraRed Capital Partners Launch Compass Energy Platform to Streamline Distributed Energy Infrastructure Projects
Through a collaborative, turnkey approach for local energy project development and finance, Compass helps cities and utilities build more sustainable and resilient communities
Compass brings together in one platform the combined expertise of a diverse set of energy infrastructure project experts. Navigant’s Energy segment contributes its deep industry insight and experience to Compass, while InfraRed brings its energy project structuring and development expertise as well as funding for Compass’ future pipeline of projects. Compass leverages a public-private partnership financing model and provides access to the services of expert engineering and construction service providers, among others, to assist clients in the development of energy resources that can improve the delivery and efficiency of local energy services to communities and businesses. These resources include the use of distributed generation technologies, such as solar, wind, and batteries, combined with smart asset networks, such as microgrids and district heating and cooling.
“As we build the energy system of the future, local governments and utilities are increasingly focused on promoting sustainable, distributed energy infrastructure projects that increase resiliency and the security of supply,” says Jan Vrins, leader of Navigant’s global Energy segment. “While these projects can be complex and carry risk, Compass simplifies this process by delivering end-to-end program management, project structuring and development, and access to financing resources.”
“Compass works to create more resilient economies and communities, while
also streamlining the process for the many stakeholders involved in
implementing local energy infrastructure projects,” says
“Compass seamlessly integrates all aspects of a local energy project,
aligning local government, businesses, investors, engineering and
construction firms, and other stakeholders to deliver highly efficient
infrastructure solutions,” says
In addition to its strategic relationships with Navigant and InfraRed,
Compass has a growing list of relationships with implementation service
providers, creating a complete energy development platform. Compass’
implementation relationship partners include Burns Engineering
(engineering), PowerSecure (microgrid development, operation, and
maintenance), Concord Engineering (engineering),
With over 600 consultants, Navigant’s global Energy practice is the largest energy and sustainability consulting team in the industry. We collaborate with utilities and energy companies, government and NGOs, large corporations, product manufacturers, tech vendors, and investors to help them thrive in a rapidly changing energy environment. Our clients include the world’s 60 largest electric, water, and gas utilities; the 20 largest independent power generators; and the 20 largest gas distribution and pipeline companies. Navigant’s seasoned professionals and highly skilled specialists form exceptional teams to help clients transform their businesses, manage complexity and accelerate operational performance, meet compliance requirements, and transform organizations and systems to address upcoming changes as the energy transition accelerates.
InfraRed has been investing in the infrastructure market for over 20 years and is an expert in the development, financing, and management of infrastructure projects from their conception, design, and construction into their operating phases. With over 200 infrastructure projects under management, it has a long and successful track record investing in low carbon generation and renewable energy infrastructure projects, including wind farms, solar parks, and natural gas turbines, as well as energy-enabling infrastructure such as energy storage and flexible generation. To date, InfraRed has developed greenfield projects with over 2GW of renewable energy and flexible power capacity.
Further details can be found on InfraRed’s website, www.ircp.com.
InfraRed Capital Partners
Compass Energy Platform
Navigant Investor Relations