NGP Expands Energy Transition Team, Hiring Industry Veterans David Colt and Maritza Liaw

DALLAS--(BUSINESS WIRE)--NGP today announced that David Colt and Maritza Liaw are joining the firm as Partners, focusing exclusively on energy transition investing through NGP ETP, NGP’s energy transition platform.

Mr. Colt was previously a Principal with CPP Investments, where he was responsible for developing and executing a late-stage venture and growth equity investment strategy in energy transition. Prior to joining CPP Investments, Mr. Colt was the Vice President of Corporate Development and Finance for ChargePoint, a global leader in electric vehicle charging. Mr. Colt is a graduate of Reed College with a degree in Economics.

Ms. Liaw was previously a Partner with the Kleiner Perkins Green Growth Fund, where she invested in businesses in the energy and logistics sectors. Prior to joining Kleiner Perkins, Ms. Liaw developed utility-scale wind energy projects in Montana and Alberta. Ms. Liaw began her career with the Boston Consulting Group. She is a graduate of Stanford University and earned an M.B.A. from Harvard Business School where she was a Baker Scholar.

Chris Carter, Managing Partner of NGP, commented, “We are thrilled to welcome David and Maritza to the NGP team. As the global community focuses on solutions to combat climate change, there is an enormous opportunity to invest in and build businesses that will have a meaningful impact, while generating attractive returns for investors. David and Maritza are industry veterans who have spent their careers evaluating, advising, and making investments in the energy transition. We believe they will both make powerful contributions to NGP ETP for many years to come.”

Philip Deutch, NGP ETP Fund Head and Partner, commented, “At the center of our success investing in the energy transition is our investment team that has a differentiated, proactive and disciplined investment approach. We continue to have success working with our portfolio companies to create significant value for our investors. We know David and Maritza well, and they will strengthen and expand NGP ETP, bringing their own impressive experiences and perspectives to those of our existing team.”

ABOUT NGP and NGP ETP

Founded in 1988, NGP is a premier private equity firm with over $20 billion of cumulative equity commitments organized to make strategic investments in the energy sector. NGP’s 33-year history gives it unique insight into the drivers of value creation in all facets of the energy industry. NGP ETP, NGP’s energy transition platform, provides growth equity to compelling companies focused on today’s energy transition. NGP ETP targets growth equity investments in companies that drive or enable the growth of renewable energy, the electrification of our economy or the efficient use of energy and resources. For more information visit www.ngpenergycapital.com.

For information: www.ngpenergycapital.com