Updated:
US Renewables Group
Lee Bailey and Jim McDermott founded US Renewables Group in 2004 as one of the first dedicated renewable-energy private-equity firms.
US Renewables Group
US Renewables Group is a private equity firm founded in 2003. It focuses on investing in renewable power, biofuels, and clean technology infrastructure. USRG has mobilized over $750 million in capital commitments for renewable energy projects and has made 24 investments across three funds.
General information
Firm type
Generalist
Year founded
2004
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Santa Monica
Corporate office
Santa Monica, CA, United States
Principals
Lee M. Bailey
Co-Founder & Managing Director
Jim McDermott
Co-Founder & Managing Director
Sector focus
Frequently asked questions
Who runs investment decisions at US Renewables Group?
Lee M. Bailey and Jim McDermott, the co-founders, serve as Managing Directors and lead the firm's investment activities. Both have been involved in energy infrastructure investing since the firm's 2004 founding. The specific composition of an investment committee has not been publicly disclosed, but the co-founders are the named decision-makers on all publicly available records.
What types of assets does US Renewables Group invest in?
The firm concentrates on renewable energy and related infrastructure across multiple asset classes including utility-scale solar, wind, biofuels, and energy storage. US Renewables Group deploys capital through control buyouts, growth-equity investments, and structured project finance, targeting mid-market energy-transition assets primarily in North America (per public record).
Is US Renewables Group a single-family office or a fund manager?
US Renewables Group operates as a dedicated private-equity fund manager, not a family office. It was founded in 2004 to raise and deploy institutional capital specifically into renewable-energy infrastructure, and it manages pooled third-party capital rather than the wealth of a single individual or family.
Does US Renewables Group invest outside North America?
The firm's publicly known investments are concentrated in North America, with confirmed portfolio exposure to projects in California, Texas, and the Midwest wind corridor. No publicly documented non-US investments exist, and the firm's operational footprint appears exclusively North American.
Where does US Renewables Group's capital come from?
The firm raises capital from institutional limited partners, operating as a traditional private-equity fund structure rather than a balance-sheet investor or single-family vehicle. Specific LP identities are not publicly disclosed, consistent with typical mid-market private-equity fund confidentiality practices.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on asset managers?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: