NGP Energy Technology Partners Raised $348M To Invest In Alt Energy Startups
Clean Tech Green Tech
August 21, 2009
www.cleantechgreentech.com
Providing further confidence that green tech investing is on the rebound. NGP Energy Technology Partners has raised $348M for a second fund to invest in alternative energy startups.The DC-based firm had raised $148M in 2005 and invested that in a dozen startups. Portfolio companies include Xunlight (amorphous silicon modules), Satcon Technology (solar panel inverters), GroSolar (solar distributor/installer), Southwest Windpower (small-scale wind turbines) and TPI Composites (wind turbine blades).NGP wants to invest $5M - $25M in established US-based alt energy companies with technology differn... |