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Energy Investments

June 5th, 2004 · No Comments

Wired News writes about growing interest by VCs:

With a fund pool of about $300 million, EnerTech’s investments center on technologies for storing and conserving energy, adding monitoring capabilities to the power grid and reducing emissions. Investments run the gamut from fuel cells to diesel engine technology.

EnerTech is one of several venture capital firms focused predominantly on the energy industry, a purportedly growing niche for early-stage investors. In 2003, the industry represented a little more than 2 percent of total VC investments in the United States, according to Nth Power, an energy venture firm.

An interest in alternative energy sources led Altira earlier this year to invest in Southwest Windpower, an Arizona company that builds small wind turbines.

A few recent investments that excite Enertech’s Twitmyer are Clean Air Power, a maker of engine technology for burning natural gas and diesel simultaneously; Franklin Fuel Cells, developer of copper-based fuel cells; and Catalytic Solutions, which makes products to improve the performance of catalytic converters.

Tags: Emerging Technologies

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