LP Amina

LP Amina

US-based engineering start up with focus on sustainable power generation.

HQ location
Dongcheng District, China
Launch date
Employees
Enterprise value
$80—120m
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$210k

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Total Funding000k
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LP Amina emerged in 2007 as a multinational environmental engineering firm, positioning itself at the intersection of energy production and environmental sustainability. The company was founded by Will Latta, an entrepreneur with a background in mechanical engineering from the Georgia Institute of Technology and an MBA from Duke University, reflecting a foundation in both technical expertise and business acumen. Latta's career, spanning engineering, R&D, and venture capital, shaped the company's direction.

The firm's core business was twofold, addressing critical challenges in the energy sector. A primary focus was the development and implementation of proprietary De-NOx solutions aimed at reducing harmful emissions from coal and gas-fired power plants. This business line found significant traction in China, where the company established a strong presence and completed numerous projects across various provinces, catering to the pressing need for pollution control in the country's rapidly expanding industrial landscape. Clients in this segment were primarily power plant operators and other industrial facilities, such as cement and steel plants, seeking to comply with emission regulations.

Concurrently, LP Amina ventured into advanced clean energy technologies, notably poly-generation systems. This technology was designed to convert coal and biomass into valuable chemicals while co-producing electricity. The business model centered on enabling existing power plants to diversify their revenue streams by turning waste streams into high-value industrial chemicals, thereby improving both the economic and environmental performance of the facilities. This involved forging strategic partnerships, such as a collaboration with Bayer for the development of its poly-generation technology. The company successfully raised capital through multiple funding rounds, including Series A, B, and C, from investors like HAO Capital, Qiming Ventures, and the WLR China Energy Infrastructure Fund, to fuel its growth and R&D efforts. Despite its achievements in developing and deploying its technologies, particularly its success in the Chinese market and its subsequent technology transfer to the U.S. market, LP Amina is no longer in operation. The founder, Will Latta, has since taken on a leadership role as Vice President of BrightLoop™ at Babcock & Wilcox, a company involved in sustainable energy technologies, indicating a continuation of his professional journey in the clean energy domain.

Keywords: environmental engineering, clean energy technology, emissions reduction, De-NOx solutions, coal-to-chemicals, poly-generation systems, power plant optimization, sustainable energy, biomass conversion, clean coal technology, industrial air pollution control, venture capital funded, US-China energy cooperation, Will Latta, Babcock & Wilcox, BrightLoop, advanced coal utilization, environmental technology, energy efficiency, syngas production, carbon capture.

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