NGP's Lisa Lambert has spoken to Global Corporate Venturing about the unit's investment parameters, the need for disruptive investments in the energy sector and the priorities when hiring for a new corporate venturing fund.

National Grid Partners (NGP), the corporate venture capital arm unveiled by energy supplier National Grid in November, has a remit to invest up to $30m per deal and is expected to exceed its initial allocation of $250m, founder Lisa Lambert has told Global Corporate Venturing.

National Grid hired Lambert as chief technology and innovation officer in January 2018 to oversee its innovation activities, and by November it had officially launched NGP, which operates from a base in Silicon…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.