InfraRed, Navigant launches global energy JV

InfraRed Capital Partners and consultancy firm Navigant have formed a joint venture, Compass Energy Platform, LLC (Compass), that aims to provide an innovative platform to help cities and utilities develop and finance local energy infrastructure solutions.

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. 

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), WXY Studio (urban planning), Greener by Design (stakeholder engagement), and Advanced Energy Agency (stakeholder engagement logistics).