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04/3/2024
Media
NGP News and Insights
News
11/14/2023
EV Realty and Ava Community Energy announce agreement to build the largest public EV charging hub in Oakland
33 fast charging EV stalls will alleviate emissions in area with historically poor air quality and provide public charging investment in downtown Oakland SAN FRANCISCO–(BUSINESS WIRE)–Ava Community Energy (“Ava”), the local energy provider for Alameda County and the City of Tracy, and EV Realty, Inc. (“EV Realty”), an EV infrastructure development platform purpose-built to maximize electric ...
News
11/6/2023
Wellspring Energy Resources announces equity commitment from NGP
DALLAS–(BUSINESS WIRE)–Wellspring Energy Resources, LLC (“Wellspring”) is pleased to announce it has received an equity commitment from certain funds managed by NGP Energy Capital Management, LLC (“NGP”) to pursue non-operated oil & gas working interests, oil & gas development financings, structured transactions, and other special situations in North America. “We believe Kenny and his team ...
Insights
11/1/2023
Why NGP Invested in Infinitum
In August 2023, NGP invested $25 million in Infinitum, the leading next-generation electric motor company delivering exceptional energy efficiency in a smaller, lighter, quieter, and more sustainable motor design. Here’s more on why we invested: Enhancing electric motor efficiency will play a critical role in decarbonizing the global economy Electric motors represent the world’s ...