New Mountain Capital invests in RRC Companies
The Austin firm provides engineering, SCADA integration and field services for utility-scale renewable power and battery-storage projects.
Takeaways
- RRC Companies is a engineering and technical services firm focused on utility-scale renewable power generation and battery storage projects.
- New Mountain Capital is acquiring RRC Companies.
- The target serves utility-scale renewable power and battery storage across United States.
New Mountain Capital made a majority investment in RRC Companies, an Austin, Texas-based engineering and technical services firm focused on utility-scale renewable power generation and battery storage projects.
RRC provides integrated engineering, SCADA systems integration, and specialized field services to asset owners, developers, and contractors.
The investment is intended to support continued growth as electricity demand and power-infrastructure investment increase; RRC’s leadership team and employees will retain a meaningful ownership stake.
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