LightWave Capital

Investing in the infrastructure of industrial decarbonisation

We partner with technology companies and developers to deploy the first commercial plant, and support their full scale roll-out

Our approach

Bringing project finance discipline to investing in the next wave of industrial decarbonsation assets

We invest to build, own, operate and manage the asset, not the company owning the IP. This means limited dilution for founders and early investors.

We invest in technologies that have demonstrated technical performance, typically at TRL8+, and are ready to make the transition to commercial-scale deployment.

We invest in projects that have significant downside risk mitigation, and generate a commercial rate of return reflective of the risks.

We invest in technologies where the first commercial plant unlocks significant opportunities to support and fund future repeatable projects.

We invest in projects that deliver cheaper, faster, better products for customers, which also deliver a step change in CO2e compared to incumbent product suppliers.

Team

Investors, developers and builders of real assets

The co-founders have more than 50 years of combined experience investing in decarbonising technology companies, structuring and financing infrastructure projects, and developing and delivering real assets.

We bring three complementary perspectives to every investment: a tech investor mindset, a project finance mindset and a developer mindset.

Jeremy Kwong-Law

Jeremy Kwong-Law

Partner

Previously CEO and Chief Investment Officer of Grok Ventures, where he ran a multi-asset climate and technology portfolio across infrastructure, venture and listed markets.

John Rohl

John Rohl

Partner

Two decades structuring and executing infrastructure and energy transactions, including time at Macquarie and AGL Energy, spanning utility-scale project finance to venture-backed operating businesses.

Nicole Geneau

Nicole Geneau

Partner

Has taken first-of-a-kind and core infrastructure plants from development through construction, including time at NextEra Energy and Antora Energy, working the technology, developer and contractor sides of the table.

Contact us

Get in touch

Sponsors and founders

Send the project. A short note and a deck is enough to start.

projects@lightwave.capital

Investors

Fund materials are available to wholesale investors on request.

investors@lightwave.capital