First-of-its-Kind Fund to Target Green Initiatives in Maritime and Clean
Energy Industries
NEW YORK, April 15 /PRNewswire/ -- Peter C. Georgiopoulos, a leading
maritime and energy industry executive, announced today the launch of Green
Maritime Partners, LLC ("GMP"), a newly formed private equity fund. GMP is
targeting environmentally sustainable investments within the maritime and
clean energy sectors.
"Environmental reform in the maritime industry is becoming a critical
issue. GMP also intends to fund promising projects in the clean energy area
outside of the maritime industry. I am proud to be part of this important
initiative," said Mr. Georgiopoulos, Founder and Chairman, Green Maritime
Partners.
GMP will combine proven investment professionals with world class
advisory teams in the maritime and clean energy sectors. This combination
of investment expertise and operational insight will provide a key
advantage to the fund.
In the maritime industry, Green Maritime Partners' will fund businesses
dedicated to emissions reduction, energy efficiency, environmental
remediation and other sensitive issues. GMP will also fund alternative and
renewable energy assets and other projects related to the clean energy
sector. Investment sizes will range from $5 to 20 million.
All investments will be evaluated and prioritized based on their
commercial viability and proximity to income generation. Peter
Georgiopoulos will serve as Founder and Chairman of Green Maritime Partners
LLC. Co-founder Chris Teryazos will be responsible for its operations.
About Green Maritime Partners:
Green Maritime Partners ("GMP") is an investment vehicle dedicated to
providing both funding and strategic assistance to environmentally
sustainable businesses in the maritime and clean energy industries. GMP has
a broad mandate to seek investments within these two sectors.
Mr. Georgiopoulos currently serves as Chairman and CEO of General
Maritime Corp. (NYSE: GMR), Chairman of Genco Shipping & Trading Ltd.
(NYSE: GNK), and Chairman of Aegean Marine Petroleum Network Inc. (NYSE:
ANW).
Mr. Teryazos is an experienced private equity and investment banking
professional. Prior to the launch of GMP, Mr. Teryazos was with Pegasus
Capital Advisors, L.P., a private equity fund manager with a focus on
middle market investment across a wide variety of industries.
SOURCE Green Maritime Partners, LLC
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CONTACT:
Olga Shmuklyer of Rubenstein Public Relations
for Green Maritime Partners, LLC, +1-212-843-8364
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