Contango Capital Management partners recently formed Standard Renewable Energy Group LLC, creating the largest integrated renewable energy company in Houston, TX. The firm will act as more than a venture fund, financing, operating, and selling technologies developed by a portfolio of companies. As the Houston Business Journal reports,
Contango Capital, founded in 2004, closed a first fund of $8.25 million in February 2005 to focus on development of hydrogen generation technologies and fuel cell products. Major limited partners included Contango Oil & Gas Co. and Sullivan Interests LP.
Click here for the full story from the Houston Business Journal.