Grundfos is the largest water pump manufacturer and operator in the world; they are a market leader with a robust customer base, a streamlined sales cycle, and offer maintenance and monitoring systems themselves. The Grundfos water pump system is used to manage building water flow for multistory and large square foot buildings. Generate Capital established an SPV which purchases projects outright from Grundfos and manages the ongoing interests of the projects—targeting multi-story buildings in the New York City area with aging water pumps, high electricity costs, and favorable state incentives.
- $5M investment
- 10% IRR *unlevered
- 5-year payback period
- $5M contracted pipeline
