Project Finance

NGP Energy Technology Partners

Contact: Phil Deutch
Work 1700 K Street, NW Suite 750 Washington DC 20006 United States Work Phone: 202.536.3930 Website: http://www.naturalgaspartners.com/

Biography

Invests $5-$25 million in late stage U.S. companies with existing revenue and significant competitive advantage. Invests in cleantech companies with technology-related products and services.

Also will provide capital to companies looking to pursue acquisitions or a consolidation strategy. Primarily focused on North American growth capital and small buyout strategies, but are open to compelling opportunities where we feel we can add unique value.

"We look for experienced management teams with a proven track record and disciplined strategic plans, focusing on energy technology related to the electric grid, energy storage and efficiency, as well as oil and gas technology that either lowers the cost of finding and delivering oil or may lower the environmental impact of doing it.

NGP closed its first fund of $148 million in December 2005 and closed its second cleantech fund of $348 million in June 2009.  

The firm is an affiliate of Irving, Texas-based NGP Energy Capital Management, a $9.3 billion family of funds that invests in the energy sector and was founded in 1988.

Examples of cleantech portfolio companies: wind blade manufacturer TPI Composites, silicon module maker Xunlight, solar integrator groSolar,  SatCon Technology (Nasdaq:SATC). NGP participated in the Series D round for ISE, which is building hybrid drive systems for heavy duty vehicles.

Categories: $5M or more, Buyout, Energy: Any, Equity, Follow-on, North America, Project Finance, Project Finance, Project Finance, Venture Capital Firm
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