Rockwood Equity Partners has completed an investment in Energy Renewal Partners (ERP), an Austin-based energy consulting service provider specializing in energy development and decommissioning projects across the United States. Founded in 2009 by industry veteran Trisha Elizondo, ERP offers a wide range of predevelopment and construction consulting services for energy developers and operators. These services include habitat assessments, wetland delineations for wind, solar, and battery projects, constraints and permitting analyses, due diligence, landowner support, community engagement, and prospecting and mapping.
This investment marks Rockwood’s third environmental platform in its current fund. “We are thrilled to partner with Trisha and ERP and eager to operationalize our Rockwood Growth System to help scale the business,” said Joe Merrill, Rockwood Managing Partner. “Rockwood aligns with Trisha’s collaborative approach and growth mindset, and we’re looking forward to working closely with the ERP team to continue to grow the business via service expansion.”
Rockwood Principal Nils Holum added, “ERP is strategically positioned in the energy market, benefiting from strong long-term tailwinds and playing a crucial role in energy sustainability. The company is at a significant inflection point, with numerous opportunities to scale meaningfully.”
Trisha Elizondo, who will continue as Chief Executive Officer of ERP and remains a significant shareholder, commented, “I’m excited to partner with Rockwood to grow our talent, expand services, and enter new markets. They’re the perfect partner for this growth stage, and our team looks forward to collaborating.”
ERP represents Rockwood’s thematic focus on regulated industries in the lower middle market. The Rockwood team working on this investment included Joe Merrill, Nils Holum, Vice President Hunter Allen, and Associate Tyler McCoy. EFCG served as a strategic advisory partner to Rockwood.
