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Fengate Asset Management and Lake Bridge Capital sell equity interest in NRStor

Date Closed

March 4, 2020

Lead Office


On March 4, 2020, Fengate Asset Management, Lake Bridge Capital, Kaia Capital and Annette Verschuren sold all of the equity interests in NRStor C&I to Blackstone Equity Partners.

NRStor C&I is an energy-as-a-service corporation focused on the emerging battery energy storage market. It is based in Toronto and has expanded to operate throughout Ontario and in the USA.

McCarthy Tetrault advised NRStor with a team led by Suzanne Murphy that included Kerri Lui, Karen Luu, Chanelle Bristol (Corporate); and Patrick McCay (Tax).