Rajesh Athirathnam
Director of Engineering & Technology
As we head into the second quarter, we’re proud to share just a few highlights of the momentum building across the firm. From opening our new Dublin office to expanding the team with exceptional talent, our platform continues to grow in reach and capability.
We’re also celebrating meaningful progress across our portfolio—securing key grants, forming strategic partnerships, and advancing decarbonization goals in tangible ways. Thank you for being part of this journey as we scale solutions for a lower-carbon future.
Charles Cherington & Troy Thacker
Managing Partners
Ara’s Infrastructure Fund brings industrial decarbonization and builder expertise to enhance NWP’s recycling capabilities and energy recovery strategy.
Ara and eVAC applaud introduction of REMSA – The House of Representatives introduced H.R. 1496, a bipartisan bill to support reshoring manufacturing of rare earth permanent magnets.
PURAGLOBE was awarded $64.5 million in DOE 48C tax credits to produce sustainable base oils in Tampa, Florida.
Blue Whale Materials received $55 million in DOE grant funding to expand its Bartlesville, OK lithium-ion battery recycling facility.
At Ara, we combine our builder DNA, gold-standard carbon accounting, and government affairs expertise to help businesses scale smarter and faster.
In this episode of New Private Markets Podcast, Ara Partners’ Co-Founder Charles Cherington discusses the mix of skills needed to tackle hard-to-abate sectors.
Utility, the leader in affordable, reliable and clean hydrogen solutions that drive a profitable energy transition for hard-to-abate industries worldwide, achieves industry-first hydrogen production using steel manufacturing off-gases. This comes one month after Parker Meeks joined as new Utility Global CEO.
e-VAC Magnetics (“eVAC”) has been awarded IJ Global’s 2024 Energy Transition Deal of the Year (North America). The award recognizes eVac’s $335 million non-recourse financing for their first-of-its-kind U.S. permanent magnet manufacturing facility in Sumter County, South Carolina. The transaction has also been recognized by Proximo as the North American Manufacturing Deal of the Year.
CFP Energy has won two major Enviornmental Finance awards: EU Emissions Trading System: Best Trading Company, OTC/Spot and UK Emissions Trading System: Best Trading Company, OTC/Spot. These awards are significant as they are based on client votes, reflecting CFP Energy’s commitment to delivering exceptional services and solutions in the UK and EU carbon markets.
Divert, Inc. secures over $90 million to fund the development of infrastructure to address the wasted food crisis in the southeast U.S. Additionally, Divert, in partnership with Giant Food, the leading Washington, D.C. regional grocery chain, achieved a milestone of nearly 80 million pounds of unsold food products processed since 2022, the equivalent of mitigating more than 37,000 metric tons of CO2e.
Director of Engineering & Technology
Executive Assistant
Decarbonization Associate
Senior Associate, Infrastructure
Director of EMEA, Investor Relations
Senior Decarbonization Associate
Content and Events Manager
Senior Associate, Energy
Senior Policy Advisor
Senior Accountant
Associate
Analyst
Associate