VantagePoint Capital Partners Appoints David Miliband to CleanTech Advisory Council

SAN BRUNO, Calif. and LONDON, July 20, 2011 /PRNewswire/ -- VantagePoint Capital Partners, the leading global investor in energy innovation and efficiency, reinforced its commitment to the global energy market by announcing the appointment of former UK Foreign Secretary David Miliband as a Senior Advisor on its CleanTech Advisory Council. He will advise the investment team on international opportunities and policy innovations.

Mr. Miliband is a British Labour Party politician who has been a Member of Parliament since 2001. He was Secretary of State for Foreign and Commonwealth Affairs from 2007 to 2010, appointed by Prime Minister Gordon Brown.

Mr. Miliband also held a number of leading government posts during the administration of Prime Minister Tony Blair including Secretary of State for Environment, Food and Rural Affairs in 2006. As an advocate for international awareness of climate change and a low-carbon global economy, he spearheaded the world's first legally binding framework for cutting carbon emissions.

"The global energy environment is one where innovation meets with geo-political realities," said Alan Salzman, CEO and Managing Partner of VantagePoint. "David brings a truly unique perspective and world-class experience that will help us navigate complex energy markets. We are very pleased to have him as a Senior Advisor."

"I look forward to putting my political experience to work in helping to solve energy innovation and efficiency challenges in today's global financial markets," said Mr. Miliband. "In a world shifting from resource plenty to resource scarcity I am looking forward to working with VantagePoint towards real solutions to global energy needs."

About VantagePoint Capital Partners

VantagePoint Capital Partners is the leading global investor in energy innovation and efficiency. With a best-in-class investment team of business and scientific experts, a broad network of corporate Strategic Partners, accomplished Senior Advisors, and more than $4.5 billion in committed capital, the Firm has the resources and talent to build important, industry-leading companies. Headquartered in Silicon Valley with offices in Hong Kong and Beijing, VantagePoint has active investments in over 70 companies, including award-winning energy innovation leaders BrightSource Energy, Bridgelux, MiaSole, Switch Lighting, Solazyme, Liquid Robotics, Tesla Motors, Trilliant, Tendril and Better Place. For more information, visit www.vpcp.com.

SOURCE VantagePoint Capital Partners