Kinterra Capital: Paving the Way for a Sustainable Energy Transition

In a world where the demand for sustainable energy is growing rapidly, critical minerals play a vital role in powering the future. Kinterra Capital, a private equity firm based in Toronto, has just announced the closing of its debut fund, the Kinterra Battery Metals Mining Fund, LP, with a remarkable US$565 million of committed capital. This oversubscribed fund, surpassing its initial US$500 million target, demonstrates the strong interest and belief in Kinterra's vision.

Cheryl Brandon and Kamal Toor, Co-Founders and Co-Managing Partners of Kinterra Capital, bring a wealth of experience in private equity, with a focus on investing in critical minerals assets and strategic infrastructure required for the energy transition. With a track record of over 15 years and more than 40 successful transactions, their expertise ensures that Kinterra is well-equipped to identify and develop assets across the value chain.

The need for investment in critical minerals has grown exponentially in recent years due to the transition towards sustainable energy sources. The lack of investment in this sector has resulted in undervalued assets, creating an urgent need for capital. Kinterra recognizes this need and addresses it by combining active management, financial resources, sector knowledge, and technical expertise to develop assets necessary for the energy transition.

According to McKinsey, investments in mining, refining, and smelting will need to increase from approximately $3 to $4 trillion by 2030 to meet the rising demand for raw materials in the energy transition. Kinterra's mission is to play a pivotal role in this energy transition by identifying assets that secure critical mineral supply from diversified sources in stable jurisdictions while adhering to socially responsible practices.

Kinterra focuses on asset-level investments in stable jurisdictions primarily located in North America, Western Europe, and Australia. These regions are known for sourcing critical minerals and processing them into chemicals essential for electric vehicle (EV) batteries, energy storage solutions, and renewable technologies.

To execute their strategy effectively, Brandon and Toor have assembled a team of investment professionals, metallurgists, chemical engineers, geologists, permitting and sustainability experts, and mining engineers. This diverse and experienced team allows Kinterra to efficiently evaluate and advance critical minerals projects and associated infrastructure. Moreover, it positions them as an attractive partner for both public and private sector organizations driving the energy transition globally.

The firm's partnership strategy focuses on collaborating with leading automotive OEMs, battery manufacturers, and other offtake partners. Through highly structured transactions, Kinterra offers long-term solutions to EV supply chain challenges while generating robust risk-adjusted returns. They aim to enable complete "mine-to-battery" solutions that align with OEMs' electrification objectives.

Kinterra's debut fund has received commitments from a variety of limited partners, including endowments, foundations, public and private pension plans, consultants, OCIOs, and family offices. The support and conviction from these partners validate Kinterra's strategy and team, reinforcing their position as a trusted player in building a reliable and secure critical mineral supply chain to drive the energy transition.

With a robust pipeline of opportunities in the upstream and midstream sections of the supply chain, Kinterra is excited to allocate the fund's capital to drive returns for investors. The firm has already invested substantial capital in a number of assets, indicating a strong near-term pipeline.

In closing the debut fund, Kinterra had Allen & Overy as their lead legal counsel and Metric Point Capital as their placement advisor. These strategic partnerships highlight Kinterra's commitment to excellence and their ability to collaborate with industry leaders.

Kinterra Capital is a private equity firm focused on accelerating the energy transition by investing in critical minerals, strategic infrastructure, and the communities in which they operate. With their innovative approach, rigorous analysis, and commitment to sustainability, Kinterra is making investments that will shape a more sustainable future.

For more information about Kinterra Capital, please visit www.kinterracapital.com.