# US Renewables Group

US Renewables Group is an Asset Manager based in Santa Monica, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Santa Monica, United States
- **Region:** North America
- **Address:** Santa Monica, CA, United States
- **Founded:** 2004
- **Assets under management:** Undisclosed
- **Website:** usregroup.com
- **LinkedIn:** https://www.linkedin.com/company/us-renewables-group

## Regulatory record

- **Reports private funds:** No

## About

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.

## Sectors

- Energy Transition & Renewables
- Infrastructure
- ClimateTech

## People

- Lee M. Bailey — Co-Founder & Managing Director
- Jim McDermott — Co-Founder & Managing Director

## 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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Last updated: 2026-06-03T20:00:00.000Z

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