The new firm, Green Maritime Partners LLC, will focus on investments
within the maritime and clean energy sectors. The new fund's size was
not disclosed, but it will be managed by Georgiopoulos and co-founder
Chris Teryazos, who will be responsible for its operations. Within the maritime industry, Green Maritime plans on backing enterprises
focused on emissions reduction, energy efficiency and environmental
remediation, as well as
alternative and renewable energy projects related to cleantech. Investment sizes will range from $5 million to $20 million.
- George White
See press release
See Tech Confidential's cleantech special report
Comments
Peter G has been at the cutting edge- and I suspect that will be the case here.
Shipping's IMO (an international body that sets rules) has now formulated plans for reduced sulfur emissions over the next decade, so I suspect Peter G will have many technologies to be offfering the industry as this fund moves forward.