Hercules Expands its CleanTech Team and Capabilities with Addition of Three Seasoned Investment Professionals

Hercules Technology Growth Capital, Inc. announced the addition of three experienced investment professionals to its team focused on the energy & renewable technology sector. These new investment professionals will further augment the current clean technology team.

The Hercules energy & renewable technology team has been investing in this sector since the company’s inception in 2003. Manuel A. Henriquez, the co-founder, chairman and CEO of Hercules, is one of the team members. The new additions are:

• Brian Sapp, who recently joined as a managing director and will be responsible for the origination and execution of loans to venture capital-backed companies in the growing energy technology sector across all stages of growth;
• Micah Merrick, as a principal, who spent the last ten years identifying and establishing long-term development partnerships with entrepreneurial companies focused on sustainable development, energy efficiency and renewable technologies; and,
• Catherine Jhung, as a principal, who previously was vice president of business development with the CleanTech Group.

“Energy and renewable technology continues to be an important focus for Hercules,” said Henriquez. “We have many years of experience working with energy technology companies and I am delighted to welcome our three newest investment professionals of Brian’s, Micah’s and Catherine’s caliber to the Hercules team. They will serve to bolster our position in the energy sector and expand our market reach and knowledge further into this important and growing sector. We look forward to providing growth capital to many of these innovative and disruptive energy technology companies by offering highly customized financing solutions to meet their growing needs.”

Henriquez continued, “We view this sector as so much broader than simply solar and wind power, and see it encompassing a wide number of technologies that impact our daily lives. These technologies include energy efficiency, water reclamation in industrial process, different ways to approach agriculture and even rethinking the way we commute.”