Enertech opens Montréal office, brings Hatch’s Nils Voermann on as advisor

Energy and power-focused venture capital firm EnerTech Capital said it has opened a Montréal office located within the facilities of global engineering company Hatch, which is a strategic partner and investor. The firm also said that Hatch’s global managing director of technologies, Nils Voermann, will be joining EnerTech’s strategic advisory board. The firm in September closed its fourth venture fund, EnerTech Capital Partners IV LP, raising approximately $120 million.

PRESS RELEASE

EnerTech Capital Opens Montreal office and adds Hatch’s Global Managing Director of Technologies Nils Voermann to their Advisory Board

October 1st, 2013, Montreal, Quebec – EnerTech Capital (“EnerTech”) is pleased to announce the official opening of their Montreal offices co-located within the offices of Hatch in Montreal. Hatch is a global engineering firm and a key strategic partner and investor in EnerTech Capital Partners IV, L.P. (“ECP IV”). In conjunction with their investment in ECP IV, Hatch’s Global Managing Director, Technologies, Nils Voermann will be joining the EnerTech Capital Strategic Advisory Board.

Mr. Voermann is the Global Managing Director for Hatch’s business practices which include Technologies, Environmental, Operational Services, and Consulting, and in addition manages Hatch’s operations in Central North America. With over 20 years of experience, Mr. Voermann is a recognized expert in engineering design; leadership and management; energy technologies, project management; construction supervision and commissioning and start up of metallurgical furnaces and other metallurgical technologies.

With the closing of its fourth fund , EnerTech is continuing its strong focus on the Canadian market and specifically the significant investment opportunities in Quebec.

“We are grateful to receive the strong support from strategic LPs like Hatch in our latest fund, and believe their focus on emerging technologies in our space will provide significant value to both our portfolio companies and opportunities to source new and innovative investmentment opportunities for the fund. Our co-location with Hatch in Montreal will also help with roll out of our Quebec investment strategy and access to proprietary opportunities in our areas of focus. We are also extremely happy to have Mr. Voermann join our Strategic Advisory Board; his extensive technical background and global connections will be a real asset to our organization and we welcome him to the board.”

Wally Hunter – Managing Director, EnerTech Capital

The Montreal office is run by Anne-Marie Bourgeois, VP, Investments, who leads EneTech’s activities in the Province of Quebec.

“We are pleased to have our offices co-located with Hatch. Our strong partnership in Quebec and on a global basis is an asset to us, to our portfolio companies, and to Hatch’s team of leading experts interested in delivering projects with a strong technology differentiator. There is a strong overlap in our core focus areas.”

Anne-Marie Bourgeois – VP, Investments, EnerTech Capital

“EnerTech brings a wealth of venture financing experience and a broad North American network. We are pleased to be a strategic investor in their latest fund and believe there are significant synergies between the two organizations. Our partnership will allow us to identify early Clean-Technologies that can help our clients extract more value from their operations while reducing their environmental footprint.“

Nils Voermann – Global Managing Director, Technologies, Hatch

About EnerTech Capital

EnerTech Capital is a private investment firm focused on innovation in the energy and power industries. EnerTech invests in early to mid stage companies that offer products or services that dramatically improve the profitability of producing or consuming energy. Founded in 1996, the firm has managed approximately $500 million and has delivered over 32 exits. EnerTech is currently investing out of its fourth fund and has offices in Philadelphia, Toronto,Calgary, Montreal and Menlo Park.

About Hatch

Hatch is an employee-owned, multidisciplinary professional services firm that delivers a comprehensive array of technical and strategic services, including consulting, information technology, engineering, process development, and project and construction management to the Mining, Metallurgical, Energy, and Infrastructure sectors. Hatch also offers differentiated technologies to its clients that permit the long and robust operation of their plants for improved capital efficiency. Hatch has served clients for over 80 years and has project experience in more than 150 countries around the world. With over 11,000 people in over 65 offices, the firm has more than $35 billion in projects currently under management

For more information on EnerTech visit: www.enertechcapital.com

For more information on Hatch visit: www.hatch.ca

CONTACT: Wally Hunter: 416-363-8563 whunter@enertechcapital.com

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