SAM Private Equity Awarded Management Contract for Ontario Power's Venture

SAM Private Equity has been awarded the management of the direct venture capital portfolio of Ontario Power Generation.

The portfolio, consists of nine direct energy technology investments based in North America and Europe, and is held by OPG Ventures Inc., OPG’s venture capital subsidiary. It has a total volume of about 40 million Canadian Dollars.

The private equity arm of Zurich/Switzerland-based SAM Sustainable Asset Management AG has over 120 million Euro under management. This agreement with OPG, will enable SAM to significantly expand its position in North America. Recently, SAM was awarded the management of the direct energy venture portfolio of the Caisse de Dpot et Placement du Qubec (CDP).

The OPG portfolio is comprised of nine start-up and expansion stage companies in the emerging energy technology sector: Angstrom Power Inc. (BC, Canada), Encorp Inc. (CO, USA), NxtPhase T&D Corporation (BC, Canada), RuggedCom Inc. (ON, Canada), Smart- Synch Inc. (MS, USA), SoftSwitching Technologies Corporation (WI, USA), Solena (DC, USA), Solicore Inc. (FL, USA) and Enginion AG (Germany).