Portfolio Companies

FPR Energy

FPR Energy

Particle-based CST technology capable of 100% renewable, utility scale heat, power and storage solutions at cost comparable prices.

Transformative Market opportunity: Addresses a global, multi-billion dollar market for industrial heat and power, targeting hard to abate sectors with significant decarbonization needs.

World leading, defensible technology: Commercializing CSIRO’s particle-based CST platform, capable of >1,000C operation and 12-16+ hours of integrated storage.

Cost competitive: Delivers renewable heat and power at costs competitive with natural gas at scale.

Strategic partnerships: Backed by CSIRO and Osaka Gas, providing technical depth, credibility and market access. RFC Ambrian provides commercial support.

Impact: Direct alignment to decarbonization mandates with technology addressing multiple facets of the energy trilemma. 

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