EnerTech Capital closes fourth venture fund at $120 mln

EnerTech Capital has raised just under $120 million for its fourth venture fund. Investors in the fund, which is named EnerTech Capital Partners IV LP, include Alberta Enterprise, Export Development Canada, Teralys Capital, Business Development Bank of Canada, Southern UTE and the State of Maryland. The partnership will be used by the firm to continue to make investments in the energy technologies sector. Update: One of Enertech's 2013 investments was Distech Controls Inc., a Brossard, Québec-based developer of building energy management solutions. The firm has offices in Toronto, Philadelphia, Montréal and Calgary.

11 September 2013•3 mins read
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