Solar and energy leader for low- and moderate-income households
PosiGen provides residential solar, energy efficiency and energy education solutions to reduce household energy footprints. With over 17,000 households served, the company’s leasing program combines energy efficiency measures and solar systems in order to make solar energy affordable to low- to moderate-income families. PosiGen offers individuals and families the opportunity to invest in their homes, save money on their utility bills and take meaningful steps toward a brighter future.
In an era of heightened focus on the disproportionate impacts of climate change on disadvantaged communities, PosiGen is uniquely positioned to provide these communities with equitable access to clean energy solutions. PosiGen has proven that its low-cost operating model can be both profitable and deliver high monthly savings to customers. The company sits at an exciting inflection point as it looks to scale its model and fulfill its mission to improve the lives of its clients, enhance the communities they serve and create quality local jobs, all with a smaller carbon footprint.
Details
Anup Jacob
Managing Partner
Anup has been investing for over 20 years in energy, water, and industrial technology businesses.
Prior to co-founding Activate, Anup was a founder and partner at Mubadala Capital, an Abu Dhabi sovereign wealth fund; a Managing Partner at Masdar, a subsidiary of Mubadala focused on sustainable investments; a Co-founder and Partner at Virgin Green Fund, the green investment vehicle for Richard Branson’s Virgin Group; and a Partner at TPG-Aqua where he focused on investments in the water sector.
Anup is on the non-profit board of Grid Alternatives, which aims to bring renewable energy to low-income homeowners, and is a Founding Member of the Advisory Board of the Energy Policy Institute (EPIC) at the University of Chicago.
Anup holds a degree in Economics, with honors, from the University of Chicago.
Emma Bell
Vice President
Emma is a Vice President at Activate, where she focuses on deal sourcing, due diligence, execution and supporting portfolio companies post-investment. She is a Board Observer at portfolio companies Tomorrow.io and PosiGen.
Prior to joining Activate, Emma was a Vice President at Sidewalk Infrastructure Partners (SIP), where she worked closely with portfolio companies and evaluated new technology-enabled infrastructure investments across the energy, mobility and circular economy sectors. Prior to joining SIP, Emma was an Investment Associate on JP Morgan’s Renewable Energy Investments team. Emma began her career at JP Morgan as an Investment Banking Analyst in their New York office.
Emma holds a degree in Operations Research Engineering and a minor in Applied Economics and Management from Cornell University. In her free time, Emma enjoys the outdoors, reading books on modern sociology and spending time with family in Chicago.
Highlights
customers served to date
average annual savings per customer in 2020
