Energy Infrastructure powering modern demand.
Fortuna is actively deploying equity into ready-to-build renewable energy and storage projects. We work with experienced sponsors to bridge the gap between approval and construction.
Why Fortuna
Capital where it's hardest to find We invest at the late-development and ready-to-build stage — the window between a fully permitted project and a financed construction start.
Equity that understands execution We don't just write a cheque. We bring procurement relationships with tier-one suppliers and hands-on EPC oversight, so the build is de-risked, not just funded.
Aligned with the sponsor We back experienced developers and structure for shared outcomes. Disciplined diligence, transparent terms, and a focus on getting to operation.
What we do
Permitted projects stall for one reason more than any other: the capital to build them arrives late, or not at all. Fortuna closes that gap. We provide equity at the point where a project is approved but not yet financed for construction — and we bring the procurement and execution experience to help it get built.
Fearless - we unlock your project
A project's capital needs are highest in the stretch right before construction, when equipment must be ordered, contractors engaged, and milestones met — yet this is the hardest equity to source. It's too late for early-stage developers and not yet ready for the construction lenders and tax equity that fund the build. Those sources can only commit once the equity is in place and the project is proven investable.
That's the tranche we fund. By providing the equity that carries a project through to maturity, we unlock the rest of the capital stack and set the clock running toward commercial operation. It takes conviction and a deep understanding of project risk to invest here — and it's where the right capital, at the right moment, makes the difference between a project that moves and one that stalls.
Proven - discipline that accelerates, not delays
Our value isn't only that we fund this stage — it's that we help projects reach commercial operation faster. We move quickly to a decision, underwrite on evidence, and bring the procurement relationships and execution experience that keep timelines on track.
That speed rests on discipline. We require an independent engineering report to confirm the technical foundations and permitting, and a credit assessment to confirm bankable revenue and a creditworthy offtaker — the same milestones the broader market demands before capital flows. Backed by institutional capital and delivered alongside tier-one vendors, our equity is as disciplined as it is decisive, and built to get projects built.
What We Look For
We fund the energy infrastructure powering modern demand — from the renewable buildout to the data centers driving it. The strongest fits share a few characteristics:
Focus Renewable energy, battery energy storage systems (BESS), data center, and natural gas projects. We invest across the infrastructure that meets today's surging power demand — clean generation, the storage that firms it, the data centers driving it, and the reliable capacity that keeps it all running.
Stage Late-stage development through ready-to-build. We engage once permitting and interconnection are advanced or secured, and the project is approaching a construction decision — the point where the right equity moves it forward.
Technology Solar, battery energy storage systems (BESS), natural gas generation, and the grid and power infrastructure behind data center load. We prioritize proven, bankable technologies delivered alongside tier-one vendors.
Geography Canada and the United States. Our experience spans both markets, and we understand the policy frameworks, interconnection processes, and supply chains that shape project delivery across North America.
Project Size Utility-scale projects with meaningful capital requirements. We're built for the scale, complexity, and execution risk that large energy and data center projects demand.
Sponsor Experienced developers with a credible, demonstrable path to construction and operation. We back teams with the track record and discipline to deliver — and we structure for alignment from day one.
Readiness Clear progress on permitting, interconnection, and offtake or power contracts. The further along these milestones, the faster we can move from review to commitment.
Natural Gas
Data Center
Solar Energy
Battery Storage