Scott DePasquale has joined Braemar Energy Ventures, a venture capital fund making early- to mid-stage investments in the energy technology sector, as principal and executive-in-residen
Scott DePasquale has joined Braemar Energy Ventures, a venture capital fund making early- to mid-stage investments in the energy technology sector, as principal and executive-in-residence, based in the firm’s Boston Office.
Prior to joining Braemar, DePasquale (pictured) was a senior vice-president at GE Energy Financial Services, where he led the group’s Boston-based venture capital activities. DePasquale was instrumental in growing GE’s energy venture capital business, overseeing the execution of 15 investments across diverse technology sectors.
He also worked closely with scientists, engineers and researchers across GE’s corporate research centre, as well as executives from GE businesses to identify game changing energy technologies and to synthesise co-operative opportunities amongst portfolio companies.
Prior to helping launch the VC group, DePasquale was a member of GE Capital’s diversified energy and natural resources team where he was responsible for late stage private equity and structured finance transactions in infrastructure and upstream oil and gas.
Previously, DePasquale was a senior consultant for Boston based Energy Security Analysis, a geopolitical think tank specialising in energy security policy and financial risk management. He has also been a sitting member of the Boston Stock Exchange and an energy trader for an affiliate of the international oil trading giant Vitol.
‘Scott has the specialised expertise and depth of experience that today’s changing energy industry demands,’ says Dennis Costello, managing director of Braemar Energy Ventures’ Boston office.
‘Despite the current economic environment, the variety of broader secular trends that have a major impact on businesses, consumers and government action will be solved in large part by technology advances. We want to ensure we have the strongest team to take advantage of this vast opportunity.’
‘I have a long-term appreciation for the Braemar team and the success of their investment record dating back to the early days of venture capital technology investments for the energy industry,’ says DePasquale. ‘I am confident that they have the right combination of foresight, instinct and industry experience to continue to lead the market in this sector.’
