Energy technology and software-focused National Grid Partners is headed by Lisa Lambert and has two other Intel Capital alumni in its team.

UK-headquartered energy utility National Grid officially launched corporate venturing unit National Grid Partners (NGP) yesterday with $250m under the leadership of Lisa Lambert, an alumnus of corporate venturing unit Intel Capital.

NGP will operate as National Grid’s investment and innovation subsidiary, combining corporate venturing with innovation and business development activities. It is based in Silicon Valley, California, with offices elsewhere in the US as well as the UK.

The fund will target investments in companies developing technologies that can support…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.