NGP Energy Technology Partners Announces the Addition of Former DOE Director of Commercialization...
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NGP Energy Technology Partners Announces the Addition of Former DOE Director of Commercialization and Deployment Brad Barton as Principal
WASHINGTON--(Business Wire)--NGP Energy Technology Partners, L.P. ("NGP ETP" or the "Fund"), a
leading energy technology private equity fund, today announced that
Brad L. Barton has joined the firm as a Principal.
Prior to joining NGP Energy Technology Partners, Brad served as
the Director of Commercialization & Deployment for the Department of
Energy's Office of Energy Efficiency and Renewable Energy (EERE).
While at DOE, Brad was responsible for accelerating the deployment of
emerging energy technologies into the marketplace. In this role, he
worked closely with national research laboratories such as the
National Renewable Energy Laboratory and Oak Ridge National
Laboratory, industrial partners and leading venture capital firms to
develop unique public-private partnerships. The National Lab
Entrepreneur-in-Residence program, the Technology Commercialization &
Deployment Fund and the Department of Energy Venture Capital
Technology Showcase are among the innovative programs implemented
under Barton's leadership. Brad was also responsible for developing
ideas to implement the department's new authority to establish an
Advanced Research Program Agency for Energy (ARPA-E) program and
advised on tax policy pertaining to renewable energy.
Prior to joining the Department of Energy, Barton spent seven
years at Hillwood Development, a Perot Company, where he managed
investments in natural gas, pharmaceuticals, clean energy and
enterprise software. He holds a B.S. in Industrial Engineering from
Texas A&M University and an M.B.A. from Stanford University.
NGP ETP's Managing Partner Philip J. Deutch stated, "We are very
pleased that Brad is joining NGP Energy Technology Partners. Brad's
background mirrors the focus of the Fund - he has experience in both
private equity and energy technology and at the DOE, Brad focused on
commercializing technologies, precisely what the companies in our
portfolio do every day. Brad is an excellent addition to our team."
NGP Energy Technology Partners, L.P. is a Washington, D.C.-based
$148 million private equity fund investing growth capital in companies
that provide technology-related products and services to the oil and
gas, power and alternative energy sectors. The fund is managed by
investment professionals with extensive experience investing in
virtually all types of energy technologies and a strong track record
of helping companies grow, create value, and establish strategic
partnerships. NGP Energy Technology Partners is an affiliate of NGP
Energy Capital Management, a leading investment firm with over $7.7
billion of cumulative capital under management which serves all
sectors of the energy industry.
NGP Energy Technology Partners may be contacted at (202) 536-3920
or www.ngpetp.com.
NGP Energy Technology Partners
Philip J. Deutch, 202-536-3920
Managing Partner
Copyright Business Wire 2008
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