NGIF CAPITAL RELEASES CLEANTECH VENTURES FUND I PERFORMANCE REPORT FOR 2023

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NGIF CAPITAL RELEASES CLEANTECH VENTURES FUND I PERFORMANCE REPORT FOR 2023


May 23, 2024

CALGARY, AB (May 23, 2024) NGIF Capital is excited to announce the release of the NGIF Capital Cleantech Ventures Fund I Performance Report for 2023.

This report highlights the progress and success of our portfolio companies in the cleantech sector, with a focus on natural gas and the production of hydrogen and renewable natural gas.

“We are thrilled to see the progress and impact that our portfolio companies are making through our industry-led Cleantech Ventures Fund I,” says John Adams, President and CEO, NGIF Capital, and Managing Partner, Cleantech Ventures Fund I. “By investing in diverse teams with solutions to improve environmental performance, we have been able to support the development of technologies that will help meet government targets for emissions reduction in the natural gas sector.”

The full NGIF Capital Cleantech Ventures Fund I performance report for 2023 can be found here: Cleantech Ventures Fund I – Performance Report 2023.



About NGIF Capital
NGIF Capital is a venture capital firm and for-profit investment arm of NGIF with a dedicated team of professionals that operates current and future investment funds. NGIF Capital is unique in how it brings energy industry leadership to every investment with strong connections to every part of the value chain. NGIF Capital currently operates Cleantech Ventures Fund I.

About Cleantech Ventures Fund I
Cleantech Ventures Fund I is a $55 million industry-led venture capital fund that primarily invests in early-stage clean-technology companies. The objective of the Fund is to invest in technologies that lead to environmental performance in the energy industry. These solutions are typically focused on existing natural gas production, transmission, distribution, storage, and end-use applications, as well as increased production of renewable natural gas and hydrogen. For more information, please visit ngif.ca


Fund Information:

John Adams
President and CEO, NGIF Capital
Managing Partner, NGIF Cleantech Ventures
613-748-0057
jadams@ngif.ca

Media Information:

Ayoola Ajibare
Communications Coordinator, NGIF Capital Corporation
403-389-2212
aajibare@ngif.ca


Cleantech Ventures Fund I surrounded in a circle by the ATCO, Tourmaline, ARC Resources, Fortis BC, CGA Enterprises, Tidewater Renewables, Birchcliff Energy, TC Energy, and TriSummit Utilities logos. The NGIF Capital logo is at the bottom of the circle.


 

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At NGIF, we invest in companies who are leading in the development of clean technologies for energy and who have the potential to demonstrate significant and quantifiable environmental and economic returns.

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