ERTH Volta invests in power and utility infrastructure for large industrial and real-estate users: utility assets, distributed generation, microgrids and energy efficiency. The case for it starts with where new demand is coming from.
Demand from big single sites
A December 2024 report released by the U.S. Department of Energy, prepared by Lawrence Berkeley National Laboratory, found that data centers consumed about 4.4% of total U.S. electricity in 2023 and are expected to consume approximately 6.7 to 12% by 2028. Their use rose from 58 terawatt-hours in 2014 to 176 terawatt-hours in 2023, and the report estimates 325 to 580 terawatt-hours by 2028.
Data centers are one example. Plants, campuses and large portfolios face the same question: how to get reliable power, on time, at a known cost.
Generation where the load is
Distributed generation puts supply on or near the site that uses it. A microgrid ties that supply and the site’s loads together so they can keep running when the wider grid does not. Energy efficiency comes first: lower load before new supply.
“Lower load before new supply.”
ERTH Volta
Where ERTH Volta fits
ERTH Volta Fund 0 is the first vehicle, covering utility assets, distributed generation, microgrids and efficiency. Mandate boundaries are written: ERTH Petra owns gas-to-power, ERTH Agra funds solar and wind on farms, and ERTH Rora Water owns regulated utilities. Any power contract between two ERTH arms is priced at arm’s length.
Sources
- U.S. Department of Energy, “DOE Releases New Report Evaluating Increase in Electricity Demand from Data Centers” (December 20, 2024). www.energy.gov
This note is for information only. It is not an offer to sell or a solicitation of an offer to buy any interest in any fund. Interests are offered only through each vehicle’s own documents.