Investment Banking & Advisory for Power, Climate & AI Infrastructure.
Independent investment banking and advisory for companies and investors across power, energy transition, and AI infrastructure.
A singular focus on the power economy.
Access to capital in the power sector depends on relationships, sector expertise, and execution credibility. Asbury Capital brings all three.
We work with developers, operators, and sponsors across the full lifecycle - from early-stage equity through tax credit monetization to M&A exits. Every engagement is tailored to the deal, not templated from the last one.
Advisory across the
capital structure.
M&A Advisory
Sell-side, buy-side, JV, and asset/portfolio/platform transaction support. Valuation, process strategy, diligence, negotiation, and execution support.
Growth Equity
Capital raises for developers, operators, platforms, and growth-stage companies enabling the energy transition. Investor positioning, materials, outreach, and process management.
Debt Capital Markets
Project finance, corporate debt, construction financing, back-leverage, and refinancing support. Lender strategy, credit positioning, term sheet review, and execution support.
Strategic Advisory
Board, sponsor, and management-level advice on growth, capital allocation, and market entry. Commercial strategy, energy market analysis, partnership structures, platform formation, and transaction readiness.
Merchant Banking
Principal capital deployed alongside clients in select transactions, aligning Asbury's interests with sponsors, founders, and management teams.
Three connected economies.
One advisor.
Solar, onshore wind, geothermal, and thermal.
Generation assets and procurement/offtake strategy serving load growth, reliability needs, and AI-driven demand.
BESS, VPP, CCS, and Electrification of Everything.
Asset classes with contractable cash flow, infrastructure characteristics, and scalable capital needs.
Behind-the-meter generation, AI-native data centers, power-first land plays, and specialty cooling.
Where AI demand intersects the power economy.
Three reasons clients
choose us.
Institutional transaction experience
$60B+ of M&A and financing transactions executed across Javelin Capital, JPMorgan, Goldman Sachs, Bank of America, and Citigroup, spanning M&A, equity, project finance, power markets, tax equity, debt, and restructuring.
Sole sector focus
Specialization in the convergence of power, climate, and AI infrastructure. Three connected economies. One capital cycle. One advisor.
Operators and engineers in-house
Senior partners ran finance and engineering teams at IPPs, BESS developers, DER platforms, and EV charging companies. We stress-test technical and financial assumptions ourselves.
Experienced professionals.
Singular focus.
Jason Segal, CFA
Managing PartnerMr. Segal is the Managing Partner of Asbury and the founder of Javelin Capital, the clean-energy investment bank acquired by JLL in 2025. Previously Senior Managing Director at JLL's Energy & Infrastructure Investment Banking team and founder of the Americas practice for Sustainable Development Capital, a climate-focused specialist financial advisory and investment firm. Wharton MBA.
Brad Frame
Managing DirectorMr. Frame is a Managing Director at Asbury focused on the firm's energy, power, and infrastructure investment banking practice. Over the past 18 years, he has executed more than $50 billion of M&A and financing transactions. Previously Director at Bank of America and Executive Director at JPMorgan. Queen's MBA. B.Sc. Engineering, University of Alberta.
Pete Hamilton
Managing DirectorMr. Hamilton is a Managing Director at Asbury focused on the firm's energy transition, climate, and distributed infrastructure practice. 25+ years as an engineer, advisor, and investor across the energy transition space, including senior roles at Solar Turbines (Caterpillar), Lockheed Martin, Fluence, and EnerNOC. Founder of Better Energies. Mechanical Engineering, Swarthmore. Cornell Johnson MBA.