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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.
Overview
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
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.
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