Bethesda’s Hill Street Energy Closes $1.125 Billion Institutional Fund

Hull Street Energy is a private equity firm, based in Bethesda, that specializes in deploying capital into the power sector as it decarbonizes.

Late last month the private equity firm announced that it closed on a $1.125 billion institutional fund. The full announcement can be seen below:

Hull Street Energy, LLC (“Hull Street Energy”), the Washington D.C. area-based energy transition investment firm, today announced the final closing of its second institutional fund, Hull Street Energy Partners II, L.P. (the “Fund”). The Fund, which targets investments in the North American power sector as the economy electrifies and decarbonizes, was oversubscribed and closed at its hard cap of $1.125 billion. Hull Street Energy received strong interest from a diverse and highly regarded group of institutional investors, including endowments, foundations, insurance companies, leading consultants, pension plans, funds of funds and family offices.

Hull Street Energy is composed of a long-standing investment team including Sarah Wright, Michael Booth, Mark Orman, Matthew Willis, Steve Morris, David Meeker, Kevin Telford, and Scott Hofmeister. The firm is differentiated by its deep understanding of local and regional physical electricity markets and grid operations, and its highly quantitative approach to evaluating and managing power sector assets and businesses.

Hull Street Energy targets undermanaged middle-market electricity businesses. Its first fund is fully deployed, having acquired an attractive portfolio of hydroelectric assets, thermal power plants, and solar projects throughout the U.S. In January of this year, the Fund made its inaugural capital commitment to SunGrid Solutions, a growing Battery Energy Solutions Service (BESS) company.

Eaton Partners served as global placement agent for the Fund and DLA Piper served as fund counsel.


For further information about Hull Street Energy, please see

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17th Annual Kensington Day of the Book Festival

Now in its 17th year, the Kensington Day of the Book Festival is a family-friendly street festival featuring 150+ renowned authors, poets, and literary organizations. Enjoy live music on five stages, special guest speakers, military veteran writers and comedians, poetry readings, cookbook demos, children's program, and much more.

Admission is free, and attendees will also be able to explore a marketplace of books and food offerings from local vendors.

Not your average book festival! This festival offers something for everyone!

17th Annual Kensington Day of the Book Festival

Sunday, April 21, 2024, 11am-4pm (held rain or shine!)

Howard Avenue, Kensington, MD 20895

Instagram: @kensingtonbookfestival

Contact: Elisenda Sola-Sole, Festival Director

[email protected]

301-949-9416 (text preferred)

FEST OF SPRING Caribbean Wine Food & Music Festival

Get ready to experience the vibrant colors, tantalizing flavors, and infectious rhythms of the Caribbean at the FEST OF SPRING Caribbean Wine Food & Music Festival! Hosted by RHU LLC, this exciting festival is set to take place on May 18, 2024, at the picturesque 16700 Barnesville Rd in Boyds, MD.

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2 NIGHT Camping packages available: RV/CAMPER $200 | TENTS $150 Starting on Friday May 17 @ 5pm | 30 RV SPACES | 30+ TENT SPACES



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