About Us

Successfully leading on the Energy Transition

Azimuth is a term in navigation defined as an angular measurement to align with an object or location.

The world’s early explorers used the North Star along with the Azimuth to lead and navigate new opportunities. At Azimuth, successfully navigating energy is what we do.

About Us

Azimuth Capital Management is a North American private equity firm that has been trusted with building forward-thinking energy and energy transition investments since the turn of the millennium.

Founded by energy operators in 2000 and reaching $5.8 billion of assets under management, Azimuth is an experienced energy transition investment manager focused on growth equity. We believe that operating expertise – from traditional energy to low carbon fuel production and energy storage – is critical for decarbonizing our economy. We pride ourselves in our depth of operating and project development experience over full build cycles, which has enabled impactful results across our five funds and co-investment programs.

Today, Azimuth’s key areas of focus are low carbon fuels, battery materials, and baseload clean power and storage. We target later stage and development opportunities, primarily in North America, Europe, and Japan. Azimuth’s offices are strategically positioned across North America’s most dynamic energy and cleantech hubs in Calgary and the San Francisco Bay Area. This is complemented with team presence in Vancouver, Houston, Denver and the Netherlands.

We have invested in the energy transition for almost two decades, including being founding investors in Monolith, a global leader in methane pyrolysis. In addition, we have a track record of early creation and derisking strategies within our development company (“DevCo”) platform, which created MV Clean Energy, a producer of decarbonized ammonia for export to the global market, H Cycle, which converts municipal waste into hydrogen, and PureVolt Energy Systems, which develops scaled, baseload low-carbon power solutions. The importance of our experience with large scale oil and gas as well as subsurface projects is not to be underestimated when seeking to successfully deliver economic outcomes in the energy transition at the post-VC, pre-infrastructure stage.

Over our history, we have built trusted investment relationships with leading entrepreneurs, family offices, endowments, financial institutions, researchers, and industrial strategics around the world.

Strategic Partners

Our Values

Respect, Innovation, Excellence

We look forward to partnering with long-term investors, industrial strategics and entrepreneurs who share our values and, like us, are dedicated to scaling investments in the energy transition.