Greenlight AD Power, a holding company behind a proposed anaerobic digestion platform, has raised £16m from Greensphere Capital, the sustainable energy-focused private equity firm chaired by Jon Moulton.
Deal is the first investment for the GP's recently opened Midlands office
Deal ends a five-year holding period for Cornerstone, which acquired Infoniqa SQL in 2012
Craig Hopwood joins the GP's northern team from HSBC, where he was a director
Lexington was previously reported to be considering acquiring up to €1.2bn in secondary commitments