EnerTech Capital Announcement

EnerTech Capital Announcement

EnerTech Capital Announces Strategic Partnership with ENMAX to focus on Emerging Technologies in the Utility Sector.

November 7, 2017, Calgary, AB. EnerTech Capital (EnerTech) is pleased to announce today a strategic partnership with ENMAX Corporation (ENMAX) that will see the two organizations collaborate in the field of emerging technologies in the utility industry. Together, EnerTech Capital and ENMAX will explore new commercialization strategies for technologies within ENMAX and through EnerTech’s global network investment opportunities in the power technology sector.

“We are very excited to have such a strong partner in ENMAX, a leading Canadian utility committed to exploring and advancing innovative technologies that provide enhanced value to its customers and improve the efficiency of its operations,” said Wally Hunter, Managing Director, EnerTech Capital. “We believe our strategic collaboration will lead to many opportunities for ENMAX to partner with our existing portfolio companies and foster new innovation within ENMAX for the benefit of its customers.” “We are pleased to partner with EnerTech, as this leading technology investment firm offers us excellent exposure, reach and access to emerging technologies in the utility business,” said Gianna Manes, President, and CEO, ENMAX. “EnerTech’s extensive history and domain expertise in this space will help us identify many great technology opportunities that further optimize our operations, and provide excellent benefits for our customers. We look forward to working with them and building a very strong partnership that will serve us and our customers well.”

The collaboration ties in closely with EnerTech’s history in the power industry. Originally founded in 1996, the firm has successfully invested in 63 companies in the energy technology sector since that time. Investing from its fourth fund of just under $120 million, EnerTech continues to strategically make investments broadly across the energy technology sector with a strong focus on utility and “behind the meter” grid-edge technologies.

ENMAX is joined by several other EnerTech strategic Partners & LPs that include; Newalta, Hatch, Waste Management, Engie, SoCal Gas, INO, IREQ (Hydro Québec) and SMUD (Sacramento Municipal Utility District).

Visit these partners online.



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