Successful investing experience across the energy spectrum positions Azimuth for the future
Azimuth’s current portfolio holds 13 companies, ranging from traditional energy to energy transition. Azimuth’s latest fund, Azimuth V., invests in energy transition companies only. Since its inception, Azimuth has successfully exited 22 companies.
Proprietary methane pyrolysis technology that produces hydrogen and highly valuable solid carbon materials without emitting CO2.
Platform to produce decarbonized hydrogen and hydrogen carriers (including ammonia and methylcyclohexane) for long-term offtake to global markets.
Sustainable recycling of drilling waste to reduce environmental footprint while recovering high value fuel for re-sale.
Deploys proven waste conversion technology to produce low-cost, low-carbon hydrogen for industrial and retail customers.
Liquefied natural gas project development using a proprietary At-Shore LNG design with substantial cost and environmental benefits.
Advanced pipe technology focused on the developing transportation needs of the energy transition (LNG, CCUS, superconducting cables and hydrogen).
Pursuing a focused acquisition, exploitation, and development strategy with a focus on the Manitoba light oil.
Oil and gas company focused on the Viking formation. Karve is a repeat leadership team, having worked with Azimuth in two previous entities.
Focused on acquiring and developing oil and liquids-rich gas assets with core asset in the Cardium formation at Willesden Green.
Whitecap is an oil-weighted growth company that is recognized for storing more CO2 annually than emitted.
Tourmaline is Canada’s largest natural gas producer focused on growth through an aggressive production and acquisition program.
Fully-integrated, bidirectional, multi-destination, crude by rail company connecting producers to markets.
Proprietary water-cut and multiphase meters with better operational effectiveness, accuracy, and lower lifecycle costs.
Magma Global manufactures next generation carbon fiber pipe for various energy applications, including offshore operations. Azimuth invested in September 2010 and sold in October 2021.
Ausra is a solar thermal power developer. Azimuth invested in July 2008 and sold in February 2010, resulting in a successful transaction despite Clean Tech 1.0.
MEG is a SAGD oil producer in British Columbia. Azimuth invested in March 2004, and the company had a $7.5 billion IPO in May 2010.
Seven Generations is an Alberta liquids rich gas producer. Azimuth invested in May 2008 and the company had their IPO in April 2021 for $4.8 billion.
Cobalt International Energy does deep offshore oil exploration primarily based on the Gulf of Mexico, Azimuth invested in August 2007 before Cobalt’s December 2009 $4.5 billion IPO.
Black Swan is a British Columbia liquids rich gas producer. Azimuth invested in March 2011 and sold the company for $1.1 billion in 2021.