NGP Energy Technology Partners Raises $348M

08.17.2009 | 14:08:03 pm | Posted by Cleantech Investing

NGP Energy Technology Partners has raised $348 million for a second fund to invest in energy companies including greentech startups - the latest sign of an emerging resurgence in green technology venture investment amidst a dismal economy.The recent closing comes on top of a first round of $148 million raised by the Washington, D.C. firm in 2005. That money went into 12 companies with annual revenues of about $300 million, the firm reports.Some of NGP ETP's portfolio companies include amorphous silicon module maker Xunlight, solar panel inverter maker Satcon Technology Corp., solar distributor...

 
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