Sustained Ability Fund (SAF) is the dedicated capital platform within the Sustained Ability ecosystem.
(About)
SAF deploys capital
selectively into:
SAF operates independently as a capital allocator with fiduciary responsibility to investors.
Key principle:
Capital is deployed selectively, not continuously.
Revenue-generating sustainability
businesses (Growth Fund)
Ready-to-Build renewable energy
projects and platforms (Energy Fund)
(two distinct strategies under saf)
A. SAF Growth Fund
Positioning
Deal-by-deal minority growth equity for execution-ready sustainability companies.
Core Characteristics
- Revenue-generating companies only
- Minority ownership with governance protections
- Capital tied to defined value-creation milestones
- Opt-in participation per transaction
- Exit logic identified at entry
Not
- Not a blind pool
- Not venture-stage capital
- Not capital-first, execution-later
Core Insight:
The gap is not access to capital. The gap is execution readiness.
(two distinct strategies under saf)
B. SAF Energy Fund
Positioning
Project and platform equity focused on Ready-to-Build (RTB) and late-stage renewable energy assets.
Focus
RTB solar, wind, and select renewable infrastructure
Project-level equity and minority platform investments
Global opportunities where development risk is largely complete
Entry Point
Late development or RTB — immediately prior to construction or aggregation.
Value Capture:
- Development-to-construction uplift
- Construction de-risking
- Portfolio aggregation premium
- Stabilized contracted cash flow optimization
Not:
- Not early-stage development
- Not speculative land
- Not merchant-only exposure without downside protection
- Not experimental technology
Core Principle:
Capital is deployed where development risk is largely behind the asset and execution discipline drives value.
INVESTMENT STRATEGY — HOW SAF DEPLOYS CAPITAL
Overarching Rule:
Risk is addressed before deployment, not after.
Energy Fund Strategy
- RTB phase entry
- Permitting substantially complete
- Bankable technology only
- Conservative financial modeling
- Structured capital stack enabling construction
Growth Fund Strategy
- Execution-ready companies
- Capital tied to specific milestones
- Minority governance protections
- Operational value creation
- Structured exits (strategic sale, sponsor recap, secondary)
UNDERWRITING FRAMEWORK — DISCIPLINE BY DESIGN
Commercial Gate
• Revenue or contracted customers (Growth)
• Signed offtakes or documented counterparties (Energy)
Execution Gate
• Defined operating plan
• Accountable operators
Financial Gate
• Clear unit economics or project-level modeling
• Defined use of proceeds
• Downside sensitivity analysis
Governance Gate
• Minority protections
• Reporting and oversight rights
• Formal conflicts-of-interest policy
Deal-by-deal mechanics (growth fund focus)
- Opportunity identified and validated (via SAL or proprietary sourcing)
- Investment memo prepared
- Presented to qualified investors
- Opt-in participation per transaction
- Capital deployed through deal-specific structure
- Ongoing milestone-based oversight
Investors are never obligated to participate in future deals.
(Focus Areas)
Energy Fund Structure Snapshot (summarized section)
SAF Energy Fund Snapshot
• Target focus: RTB renewable infrastructure
• Fund life: ~10 years + extensions
• Portfolio: Concentrated, 6–10 core positions
• Entry: Late development, pre-construction
Target value creation:
- RTB-to-construction uplift
- Portfolio aggregation
- Strategic or infrastructure exits
Capital stack discipline:
• Equity structured to enable senior debt
• DSCR tested under conservative scenarios
• Risk explicitly allocated (construction, counterparty, regulatory)
Exit pathways:
• Strategic sales
• Infrastructure funds
• Yield vehicles
• Sponsor recapitalizations
Deal-by-deal mechanics (growth fund focus)
- Deal sourcing and screening
- Strategic validation
- Execution support
- ESG and governance preparation
- Independent capital allocator
- Sole investment authority
- Fiduciary responsibility to investors
- No obligation to invest in validated projects
Governance & Alignment
• SAF acts as independent GP
• Formal conflicts-of-interest policy
• Stage-gated deployment
• Deal-level reporting
• Transparency of SAL-related services or fees
Alignment Rule:
GP economics are earned through realized value creation, not capital velocity.
WHO SAF IS FOR
Investors:
Institutional capital
• Infrastructure-focused allocators
• Family offices
• Accredited investors
• Strategic co-investment partners
Project Sponsors:
• Revenue-generating sustainability companies
• RTB renewable developers
• Platforms seeking structured minority equity
All investments involve risk. Capital is not guaranteed. Participation subject to due diligence and approval.