in News Departments > New & Noteworthy
print the content item

New York City-based Environmental Capital Partners LLC (ECP) announced today that it has formed a relationship with New York Private Bank & Trust (NYPB&T) to invest $100 million in middle-market green companies. ECP says it is interested in green consumer products, eco-friendly building materials, alternative energy and industrial environmental services. The firm is seeking growth and buyout transactions that require equity investments of $10 million to $25 million, but the firm has the ability to complete larger transactions.

ECP will be led by managing partners William Staudt, an entrepreneur with extensive private equity and operating experience, and Robert Egan, formerly of J.P. Morgan Partners LLC.  In addition to Egan and Staudt, the firm's partners include Stephen Kellert, a senior professor at the Yale School of Forestry and Environmental Studies, and Michael Richter, a recognized figure in the environmental community. Christopher Staudt, a private equity professional with experience in grassroots environmental programming, has joined ECP as a principal.  

Howard  Milstein, president and CEO of NYPB&T, and Barry Friedberg, a director of NYBP&T, and the former chairman of the investment banking division and member of the executive management committee at Merrill Lynch & Co., will serve on ECP's investment committee along with Egan and Staudt.


Trachte Inc._id1770
Latest Top Stories

Smart Community Engagement: Twelve Tips Every Wind Developer Should Know

Community engagement helps ensure a project runs smoothly, but it can also save developers money and even lead to a more successful wind industry overall.


Bird Groups Target LEEDCo's Icebreaker Offshore Wind Pilot

Two bird conservation groups that helped halt a wind project earlier this year argue that Lake Erie Energy Development Corp.'s (LEEDCo) 18 MW offshore demo poses a major risk to regional wildlife.


Report Disputes U.S. Agency's Renewable Energy Projections

A new analysis from the Sun Day Campaign says renewables are slated to provide 16% of U.S. generating capacity by 2018 - over 20 years earlier than forecast by the Energy Information Administration.


Kansas Renewables Mandate Survives Yet Another Attack, But Is It Too Early To Celebrate?

Over the past three years, some legislators have tried to either weaken or repeal the state's renewable portfolio standard, which requires Kansas utilities to reach 20% renewables by 2020.


AWEA Highlights U.S. Wind Success Stories Of 2013

Despite a 92% drop in new capacity last year, the sector still has myriad reasons to celebrate, according to a new report from the American Wind Energy Association.

Acciona_id1907
WomenofWind_id
UEA_id1896
JLG_id1900
AWEA_id1886
bonfiglioli_id1913