Apr 24, 2006
Radnor, Pennsylvania and Menlo Park, California, USA --- Element Partners announced today that it had completed a $3.5 million investment in Fat Spaniel Technologies, Inc., a leading provider of IT infrastructure for distributed power generation. The investment will be used to expand the company's engineering capabilities and to support its growth into additional markets.
"This investment will help Fat Spaniel Technologies significantly grow its capabilities and market reach" said Chris Beekhuis, President and Chief Technology Officer of Fat Spaniel Technologies. "In addition, Element Partners will bring tremendous business and clean tech experience - as well as a global presence - to help us execute on our strategic business objectives."
About Element Partners
Element Partner is a leading private equity fund focused on clean technology. The Fund invests in companies bringing cost effective solutions to environmental and resource constraints in energy, water and other large industrial and commercial markets. Element Partners is managed by the industry’s most experienced group of dedicated clean technology investors. The Element principals have invested more than $800 million in clean technology funds. For more information, send queries to info@elementpartners.com.
About Fat Spaniel Technologies
Based in San Jose, CA, Fat Spaniel Technologies (FST) provides critical IT infrastructure and services for distributed power generation. FST services include data monitoring, system management & control, and financial reporting. FST's independent, third-party solutions enable system owners, installers, integrators, OEMs and utilities to optimize the delivery of distributed energy, recognize revenue, mitigate risk, control costs, and bring new business models to market. FST products are presently deployed worldwide on both renewable and fossil-fuel distributed energy systems including solar, wind, fuel cells, microturbines, combined heat & power systems and diesel generators. For more information, visit
