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Liminal Energy Announces Capital Commitment from NGP highlights the company's securing of private equity funding from NGP and management contributions.
- Liminal is a new player specializing in the development, operation, and investment in utility-scale energy storage projects, with leaders experienced in over 3 GWh of energy storage.
- The company partners with developers and capital providers using a real-world, accountable approach focused on building, operating, and owning grid-scale energy storage assets.
- CEO Mark Saunders, who has a history with Goldman Sachs and UBS in energy storage, emphasizes the long-term growth potential in energy storage as critical for modern grid expansion.
- President Ken-Ichi Hino underscores Liminal’s tailored, coordinated approach across development, financing, and operations to maximize project value.
- NGP Partner Sam Stoutner highlights the firm’s extensive experience and believes Liminal’s creative, flexible, and risk-aware strategy aligns well with their energy transition goals.
- Liminal combines technical design, capital structuring, and execution, with over 80 years of collective industry experience to deliver tailored energy storage solutions.
- The collaboration signifies a major step toward advancing energy storage as a vital and scalable asset class in the evolving energy landscape.