EnerTech Capital promotes Dean Sciorillo to Managing Director

December 6th, 2015, Philadelphia, PA and Toronto, Ontario – EnerTech is pleased to announce the promotion of Dean Sciorillo to Managing Director. He will become a full General Partner upon the closing of EnerTech V.

Dean has spent over 11 years at EnerTech working his way up within the organization from Analyst through his promotion to Director in 2014. Dean has had an extensive career in the Power and Energy Technology industries, and prior to joining EnerTech he spent 15 years with Exelon Corporation) including a series of operational and finance roles within their generation department, and also worked within their corporate venture capital group. Dean has played an active role within a number of the portfolio companies in EnerTech III-IV and currently sits on the board of EnergySavvy (EnerTech IV).

Wally Hunter, Managing Director, EnerTech Capital, said: “We are very pleased to promote Dean. He has demonstrated the skills, capabilities, dedication and work ethic to become a Managing Director with our Firm. Dean is a key part of our team going forward, will help build our future investment strategy and will be active in our fundraising process for EnerTech V”.

Bill Kingsley, Managing Director, said; “Dean has done an exceptional job for us throughout his various roles and has earned the respect of many CEOs, co-investors and his partners. The firm is thrilled for Dean.

Scott Ungerer, Founder & Managing Director, said: “I have worked directly with Dean on numerous files since he joined EnerTech. His skill set has expanded from being our most trusted financial assessment expert to include becoming a general business sounding board and advisor for company CEOs. At every company Dean has engaged, company senior management sees him as a one of their top tier „go to? business experts with a particularly unique ability that constructively helps them to assess shareholder value implications of various business strategies. He has truly earned the move to Managing Director.”

Dean Sciorillo said: “I am grateful to the EnerTech Partners for their support in my new role as Managing Director and look forward to continuing to work with the team to provide our investors with superior returns and building the expansion of the firm.”

EnerTech Capital continues its strong focus on significant energy related technology investment opportunities in North America, Having closed its most recent $120 Million fund in August 2013, ten new investments have been made, including Blue Pillar, Distech Controls (sold to Acuity Brands), Encycle, EnergySavvy, GeoDigital International, HPC Energy, N-Dimension, Space Time Insight, Terralux, and Western Oilfield Services.

About EnerTech Capital

EnerTech Capital is a private investment firm focused on innovation in the energy and power industries: early- to mid-stage companies that offer products or services that dramatically improve the profitability of producing or consuming energy. Founded in 1996, the firm has managed approximately $500 million and has delivered 35 exits. EnerTech is currently investing out of its fourth fund and has offices in Toronto, Philadelphia, Montreal,Calgary and Menlo Park.

For more information, visit http://www.enertechcapital.com

CONTACT: Wally Hunter: 416-363-8563 or 416-418-1505 whunter@enertechcapital.com

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