PE firm NGP raises USD 700m to invest in energy transition

“Energy transition is key to the future of NGP, and our investment activity in the space is accelerating,” NGP’s managing partner Chris Carter said in a press release on Thursday. The NGP Energy Transition IV LP, which was activated in April 2022, has already invested USD 100 million in seven companies, including energy storage company Form Energy, carbon solutions provider Rubicon Carbon, …