We invest at the frontier of the energy transition.
Our mission is to accelerate decarbonization and generate attractive financial returns by rewiring the economy with zero-emission infrastructure.
We focus on durable business models that enable real asset deployment. We support both early-stage platforms seeking to grow and established businesses that are evolving across new customers, markets, and technologies.
Since 2019, Homecoming Capital has been a mission-aligned, long-term partner that provides leading teams with flexible capital and strategic guidance.
WHERE WE INVEST
We invest to electrify everything and decarbonize the grid.
Transportation
Medium- and heavy-duty EVs
Charging infrastructure
Port and maritime electrification
EV charging services
Power
Onshore and offshore wind
Solar and batteries
Utility transition
Grid products and services
Industrials
Process electrification
Thermal storage
Green hydrogen
Recycling
Buildings
Heat pumps
Thermal energy networks
Distributed energy resources
Energy efficiency
HOW WE INVEST
We pursue investments that answer “yes” to four guiding questions:
No. 01
Will this solution decarbonize the economy?
We believe zero-emission business models that drive change through favorable unit economics and competitive moats are most likely to succeed.
No. 02
Does our capital make the difference?
We seek to be the first institutional capital behind a novel platform or the first mission-aligned capital behind an established business’s transition.
No. 03
Does this platform have experienced leadership?
Our partners are pragmatic and ambitious teams that appreciate our hands-on approach to creating value.
No. 04
Is our partnership durable?
We form relationships based on trust, alignment, and a shared vision for the future.
WHAT WE’VE INVESTED IN
We form high-conviction partnerships. Examples from our portfolio illustrate this approach.
Fjord1 (Exited): Take-private of a maritime vessel operator ditching diesel for batteries
Fjord1, a public company, entered a period of operational complexity after committing to transition their existing ferries to electric. Working in partnership with another mission-aligned investor, our capital unlocked a take-private transaction to support the transformation of this maritime transportation leader.
Clean Energy Terminals: Development capital for a pioneer in the U.S. offshore wind industry
CET identified a lack of port infrastructure as a gap that risked derailing U.S. offshore wind goals. Leveraging their experience developing the New Jersey Wind Port, CET was established to develop and own a portfolio of offshore wind port assets. Homecoming invested the first institutional capital into the business.
Forum Mobility: Asset capital to scale heavy-duty truck electrification
Heavy-duty vehicles are a major source of emissions and a top climate priority for the state of California. In Forum, we partnered with a team that is applying decades of solar expertise to scale electric truck charging infrastructure. Our capital is funding the deployment of Forum’s industrial-scale EV charging depots.
1 OF 3
We are an entrepreneurial team with institutional investing experience.
Cody is a Partner at Homecoming Capital, which he co-founded in 2019. At Homecoming, he leads major firm initiatives across strategy, originations, and capital formation. Cody previously worked at Blackstone in their private equity group in both New York and London. He subsequently joined a Blackstone-backed power infrastructure developer based in Johannesburg. Cody received an AB in Economics from Harvard College and an MS/MBA from Stanford University.
Pat is a Partner at Homecoming Capital and leads major firm initiatives across originations, deal execution, and asset management. Prior to co-founding Homecoming, Pat spent years executing transactions at Golub Capital, a leading private credit manager, out of their New York and Chicago offices. Before Golub Capital, he worked in sell-side investment banking at Wells Fargo. Pat received an AB in Economics from Harvard College.
Shaya Greenberger is a Vice President at Homecoming Capital, where she focuses on investment screening, due diligence, and asset management. Shaya joined Homecoming after spending nearly a decade in structured finance, with a focus on renewables. Most recently, she invested in solar and battery storage projects at AB CarVal. Shaya received her BA in Mathematics and History from Northwestern University.