FARMINGTON HILLS, Mich., March 3, 2014 /PRNewswire/ -- Oakland Energy and Water Ventures™ today announced the launch of a second stage fund for investing and commercializing innovative products and solutions focused on energy conservation and water treatment. The company, which is privately held and owned, is actively looking at investments, joint ventures, partnerships, license agreements, and collaborations in the clean energy and water space, ranging up to $100 million.
The Oakland Energy and Water Ventures™ management team is led by clean energy and diversified industrial (DI) sector veterans Chris Brower, Kevin O'Connell and Rick Manner, all serving as managing directors. Brower brings extensive senior leadership experience in program operations, sales & marketing, deal sourcing and the execution of business plans in the DI sector. O'Connell's experience includes more than 20 years in sales, marketing, project management and sales management in the power industry. Manner has 30 years of business and supply chain management experience specializing in supply chain design and establishing logistics operations.
"I have always believed in supporting opportunities that present a positive impact and improve the quality of life for future generations in our local region and around the world," said Brower. "Our goal is to assist our partners with sales and management plans that model and enhance product development, scalability, and marketability."
"The growth in global energy demand is predicted to increase by as much as 40 percent by 2030," said O'Connell. "Meeting this rising demand will require new investments and more innovative technologies. We're seeking partners who share our passion to meet these challenges."
The initial response to the fund's launch has been well received. "We are actively starting our internal due diligence process," said Manner. "Our potential business partners are eager to expand their reach into new industry sectors and global markets through our collaborative approach and affiliated networks.
About Oakland Energy and Water Ventures™
Oakland Energy and Water Ventures™ was founded to empower and support the commercialization of innovation-based technologies focused on energy conservation and water treatment, including brine management. OEWV provides hands-on business strategy and operational support, if required, to position emerging technologies for success in local, regional and global markets. For more information, visit www.oaklandewv.com.
Contact: |
Melissa Skabich |
PCE Communications |
|
973-760-9926 |
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SOURCE Oakland Energy and Water Ventures
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