Company Research Report: Haddington Ventures, L.L.C.
Company Overview
Name and Mission of the Company
Name: Haddington Ventures, L.L.C.
Mission: Haddington Ventures provides capital and strategic support to companies that develop energy infrastructure for a low-carbon future.
Founding Details
Founded: 1998
Founders: No information is available.
Key People in the Company
- J. Chris Jones: Managing Director, Co-founder
- M. Scott Jones: Managing Director
- John A. Strom: Managing Director, Co-founder
- James K. Lam: Managing Director
- Sam H. Pyne: Managing Director
- Turner Harris: Vice President
- Karla Coronado: Executive Assistant
- Deanna Gale: Accounting & Compliance Manager
- Kyle Gionis: Chief Accounting Officer
Headquarters
Location: 1800 Bering Dr., Suite 900 Houston, TX 77057, United States.
Number of Employees
No information is available.
Revenue of the Company
No information is available.
Company Recognition
Haddington Ventures is known for overseeing a growing portfolio of successful conventional and renewable energy businesses bringing innovative new infrastructure to the U.S. energy sector.
Products and Investments
Key Areas of Investment
1. Hydrogen Hubs:
- Description: Developing utility scale production, storage, and transport infrastructure for hydrogen in the U.S.
- Featured Portfolio Company: ACES Delta
- Key Features: Green hydrogen production with 220MW electrolyzers and large salt cavern storage.
2. Energy Storage:
- Description: Focusing on bulk energy storage, including Compressed Air Energy Storage (CAES).
- Featured Portfolio Company: APEX CAES
- Key Features: Large-scale and reliable energy storage solution with lower emissions.
3. Critical Minerals:
- Description: Developing domestic production of raw materials for lithium-ion batteries.
- Featured Portfolio Company: Eureka Resources
- Key Features: Patented process to extract valuable minerals including lithium from unconventional sources such as oil and gas wastewater.
High-Level Description of Products and Key Features
ACES Delta (Advanced Clean Energy Storage)
- Production & Storage: Green hydrogen produced using renewable energy with capacity for long-duration storage in salt caverns.
- Scale: The largest green-hydrogen project by tenfold compared to existing sites.
APEX CAES
- Technology: Compressed Air Energy Storage
- Benefits: Provides efficient energy storage, low-cost energy, and ancillary services with lower emissions.
Eureka Resources
- Process: Extracts lithium carbonate from oil and natural gas brine with a 90% recovery rate. Converts 80% of wastewater into freshwater.
- Impact: Reduces reliance on foreign lithium sources and addresses environmental challenges.
Recent Developments
Partnerships and Acquisitions
- Chevron Acquires Majority Stake in ACES Delta Project (September 12, 2023)
- Impact: Enhances project development and expands hydrogen supply quickly.
Product Launches and Milestones
- Eureka Resources Produces Lithium Carbonate from Wastewater (August 1, 2023)
- Impact: Introduces a domestic lithium supply source addressing supply chain complexities.
Financial Programs
- Equity Syndication Program Launch (June 9, 2022)
- Details: Haddington Ventures announced a $650 million equity commitment to finance the ACES Delta platform, with potential expansion up to $1.5 billion.
Contact Information
- Address: 1800 Bering Dr., Suite 900, Houston, TX 77057, United States
- Phone: 713-532-7992
- Email: contact@hvllc.com
Legal Information
Haddington Ventures, L.L.C. is a registered investment adviser.
Note: This report contains all available information derived from provided data and marks all unavailable information as "No information is available" as required.
