Fortistar

We’re proud to share that our portfolio company, RISE? Robotics, is set to receive a Guinness World Records? title for the strongest robotic arm prototype. RISE Robotics is revolutionizing #industrialautomation with energy-efficient alternatives to traditional hydraulic systems—delivering greater power, durability and #sustainability. Congratulations to the entire team on this incredible milestone as they continue to push the boundaries of efficiency and sustainability in the industrial sector. https://lnkd.in/gfbsNWyw

Fortistar is pleased to share Biomass Magazine’s coverage today of the impressive growth achieved by our portfolio company, OPAL Fuels Inc., in 2024. OPAL Fuels achieved a significant milestone, producing 3.8 million MMBtu of #renewablenaturalgas (#RNG)—a 41% increase compared to last year. This growth underscores OPAL's commitment to expanding renewable energy solutions and reducing greenhouse gas emissions. Fortistar remains dedicated to supporting OPAL Fuels and other innovators who are leading our transition to a sustainable, #cleanenergy future. https://lnkd.in/gX9NfkmA

Fortistar is proud to highlight our portfolio company, Braven Environmental, on their new partnership with BASF. Braven will supply BASF with Braven PyChem?, a certified recycled feedstock created from mixed #plasticwaste, to help reduce fossil resource use at BASF’s Port Arthur, Texas facility. Braven’s innovative #recycling technology turns plastic waste into valuable resources, reducing landfill use and advancing a sustainable, #circulareconomy. Congratulations to both the Braven and BASF teams for driving #innovation and #sustainability forward. https://lnkd.in/gEEzRszn

More news from our portfolio company, OPAL Fuels Inc. Today, they announced long-term agreements for five new fueling stations in Canada. OPAL Fuels will design, build, own and operate these stations, which are expected to dispense approximately 3.85 million gasoline gallon equivalents (GGE) per year. With the introduction of the new 15-liter natural gas engine and growing policy support for #lowcarbon fuels across Canada, the timing for this expansion couldn’t be better. Congratulations to the OPAL Fuels team on this milestone! https://lnkd.in/g7-WJc-V

Today, our portfolio company, OPAL Fuels Inc., announced that it has entered into joint venture partnerships to develop four new landfill #renewablenaturalgas (#RNG) production projects. These projects are expected to collectively contribute 1.5 million MMBtu of RNG annually, equivalent to approximately 20 million gasoline gallon equivalents (GGE) per year. This expansion not only strengthens OPAL Fuels' commitment to decarbonizing heavy-duty transportation but also provides #cleanenergy solutions for homes and businesses across the country. Construction is anticipated to commence throughout 2025. https://lnkd.in/dqpz7NAC

Today, our portfolio company, OPAL Fuels Inc., announced the acquisition of the WESTERN MILLING fueling station in Visalia, California, reinforcing their commitment to expanding sustainable fueling solutions. OPAL Fuels plans to supply #RNG to this high-volume station from its own production facilities as well as third-party suppliers. This acquisition strengthens OPAL Fuels’ presence in California and enhances infrastructure for fleets seeking #lowcarbon solutions and lower fuel costs. https://lnkd.in/g5ynVc-M

This week, our portfolio company Skyryse, the creator of the world’s first universal operating system for flight, was named a finalist for the Collier Trophy, the most prestigious award in aerospace. Presented by the National Aeronautic Association, the Collier Trophy recognizes the greatest achievements in aeronautics and astronautics, with a focus on advancing performance, efficiency, and safety in air and space travel. Congratulations to the Skyryse team on this incredible honor! https://lnkd.in/gezr7XKm

Texas Governor Greg Abbott recently announced that our portfolio company, Braven Environmental, will open a new facility in Texas, bringing $145 million in capital investment, creating jobs and strengthening Northeast Texas’ economy. Braven’s waste plastics #recycling solutions are driving #sustainability forward and creating real opportunities for Texas residents. Watch yesterday’s coverage from a local news station in the link below. https://lnkd.in/gqBdNEp9

Skyryse, our portfolio company and the creator of the world's first universal operating system for flight, has achieved another historic milestone—completing the world’s first fully automated set-down with just the swipe of a finger in a fully conforming production aircraft. After years of rigorous flight testing, this breakthrough brings #Skyryse closer to its mission of making flying simpler, safer, and accessible to everyone. https://lnkd.in/gvKr6eZH

We're excited to share that our portfolio company, OPAL Fuels Inc., has appointed Kazi Hasan as Chief Financial Officer. Kazi brings over 25 years of operational, financial and strategic leadership experience in power, utility and #renewableenergy sectors. He also has extensive experience in structuring strategic partnerships and has raised over $30 billion of equity and debt from private and public markets, which will be invaluable as OPAL Fuels continues to innovate and drive #sustainableenergy solutions. At Fortistar, we’re proud to support OPAL Fuels’ journey and look forward to the new opportunities Kazi’s leadership will create. https://lnkd.in/gwuR5_uF