Expertise

ThomasLloyd in North America

Twenty years of experience, from power plants and their financing to the technologies this market needs now

ThomasLloyd entered North America and the cleantech sector together in 2005. Our teams have since been responsible for power plants with a combined 3.9 GW in the United States and Canada, and have acted as lead arranger, sole placement agent or exclusive financial advisor in corporate and project financings. We are now applying that experience to mobile power and water for AI data centres.1 2

First into markets that are not yet commoditised

For more than twenty years our sustainable power generation business has developed renewable energy and hybrid projects as a first mover into new markets, with new technologies and new forms of supply agreement. Our focus has been on segments and regions that are underserved and not yet commoditised.

This approach means taking on the regulatory, technological and operational complexity these markets demand rather than avoiding it. To do so, we combine engineering, financing and operating capabilities within a single company.

Operated, and in several cases built, in a leading capacity

Gas

Eight gas-fired power plants in the United States, from 226 to 679 MW. Dispatchable capacity at the scale a grid depends on, 3.7 GW in all, each plant operated in a leading capacity, not held as a passive stake.1

Bioenergy

Three bioenergy facilities in the United States, 173 MW. Baseload generation from biomass, the same technology as the three biomass plants in the Philippines.1

Sustainable fuels

Three development projects in the United States and Canada, two in biodiesel and one in gaseous fuels.3

Selected transactions

Establishment and international expansion of a hybrid electric vehicle manufacturer

Corporate advisory, company financing and first investor, until 2009.

  • Seed capital and exclusive financial advisor
  • Project volume more than USD 1.2 billion
A manufacturer of intelligent light-control systems, sold to OSRAM

Advising the existing shareholders on the sale of the company to OSRAM.

  • Global leader in the production of light-control systems
  • Energy efficiency in buildings
At project start the largest photovoltaic system in North America

Exclusive financial advisor to Q-Cells International on its North American market entry, including project finance and deal structuring.

  • 69 MW ground-mounted solar power plant
  • Equity project financing
  • Project volume USD 300 million, later acquired by KKR
A leading supplier of waste-to-energy facilities in North America

Advising on various renewable energy projects and on the sale of the company as a whole or in partial divisions.

  • Development, construction and operation of waste-to-energy facilities worldwide
  • One of the leading providers of waste gasification using plasma technology

At a Glance

North America

Leading roles across projects and transactions, from development to capital execution.¹²

Experience

20+ years

Founded in 2005 as an SEC-regulated boutique in the United States.
Capacity

3.9 GW

Power plants in gas, bioenergy and solar in the United States and Canada.
Sectors

6

Mobility, energy efficiency, power, waste, mobile generation and water treatment.
Current focus

Why data centres have to bring their own power and water

In the United States data centres consumed 178 TWh of electricity in 2024, 4.3 per cent of total power demand, and that figure is projected to reach 606 TWh by 2030. Grids cannot supply it, so operators are required to bring their own power, with limited or frequently no grid connection available.

AI loads swing faster than generation can follow

Artificial intelligence workloads cause swings of tens of megawatts within seconds. Turbines trip or wear out chasing the load, grid operators curtail the site, and training runs crash. What is required is technology that responds within milliseconds, close to the disturbance, absorbing and returning reactive power as the load moves.

Water is the second constraint

These facilities also require dedicated cooling and water supply at scale, and securing it is becoming harder. Ageing infrastructure, more toxic effluent and stricter regulation make reliable supply difficult for industrial users. New treatment technologies cut the power a plant needs by up to 90 per cent, and industrial cooling by up to 50 per cent.

Our Solutions

Power and water for AI data centres

Mobile Power Solutions
We have been building a mobile power generation, storage and grid services business in the United States since August 2026, serving data centres, ports and maritime, utilities and construction. It will deliver rapidly deployable bridging power, shore power, and grid support and emergency power solutions.
Water treatment

In May 2026 we entered into an exclusive strategic technology partnership with the owner of a patented, nature-based algal technology, which delivers reuse quality water and uses up to 90 per cent less energy than conventional systems. It has been in commercial operation for twelve years, with more than 40 projects in the United States, Mexico, Egypt and Malaysia.

Beyond North America

A renewable energy pioneer in Asia-Pacific

We co-developed, financed and managed 202 MW of solar in the Philippines, including the country’s first utility-scale renewable energy project, and 70 MW of biomass generation. In India, 434 MW of solar across five states.¹ ²

Energy projects

83

Developed, built or operated across Asia-Pacific by our Climate Infrastructure team.¹
Capacity

22 GW

Across seven technologies, from solar and wind to hydropower and bioenergy.
Countries

14

From the Philippines and India to Japan, Singapore and Tonga.

Get in touch  

Mobile power and water treatment are delivered as a service, project by project. If you are planning a site in North America, we are glad to talk.

Footnotes
  1. Includes all projects where either the Group or current and former members of its Climate Infrastructure Team have developed and/or constructed and/or operated such project in a leading capacity as owner or energy/asset manager on behalf of the owner.
  2. Includes all corporate and project financing transactions for projects, assets and businesses which either the Group or current and former members of its Climate Finance Team have originated and acted as lead-arranger and/or sole placement agent and/or exclusive financial advisor.
  3. Includes all projects where either the Group or current and former members of its Sustainable Fuels Team have developed and/or constructed and/or operated such project in a leading capacity as owner or advisor to the owner.